News

Phelan Green’s family board has approved the Phase 1, R12-billion investment in the R47-billion electro-sustainable aviation fuel (eSAF) project near Saldanha Bay, and has committed the equity required to start construction in the first quarter of next year. Founded in 2005 and headquartered in Cape Town, the Phelan Green Group is an Irish, privately-owned family […]

South Africa’s government has resolved the country’s recurring power outages and is racing to fix its crumbling water infrastructure. But, business leaders warn, it’s sleepwalking into another crisis — a “gas cliff.” Combined, glassmakers, tile manufacturers, food processors and other industries that rely on gas account for 8% of the economy and 700 billion rand […]

In its forty-sixth annual forecast, now entitled 'Energy, Electricity and Nuclear Power Estimates for the Period up to 2060', released at its seventieth General Conference on Monday, the International Atomic Energy Agency (IAEA) predicted that global nuclear energy generation capacity could increase by more than 200% by 2060. (This is the first edition of the […]

Two Team Europe Global Gateway projects valued at R1-billion-plus were unveiled at the 2026 Africa Green Hydrogen Summit in Cape Town on Tuesday. Global Gateway is the EU’s strategy to fund sustainable projects worldwide “to connect people and protect the planet”.

The first six priority projects have emerged from government’s national green hydrogen programme pipeline. The projects all form part of the newly launched National Green Hydrogen Deal Book, which presents the wider pipeline of credible opportunities in South Africa’s green hydrogen sector to investors, development partners and potential customers.

JSE-listed paper and plastics packaging company Mpact and independent power trading company Enpower Trading have reached financial close on a five-year renewable energy power purchase agreement (PPA), marking an important step in Mpact's transition towards a greater supply of renewable electricity across its South African operations. Enpower will supply about 30 GWh/y of renewable electricity […]

South Africa has signed a $1-billion loan agreement with development finance institution the New Development Bank to upgrade metropolitan municipal services infrastructure as part of the Metro Trading Services Reform Programme. The MTSR is a government-led reform programme aimed at improving the governance, financial sustainability and operational performance of municipal trading services in metropolitan municipalities, […]