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1 week ago | engineeringnews.co.za | Schalk Burger

Renewable energy solutions provider SOLA Group has optimised the debt facilities in its corporate and industrial solar PV fund Orionis and streamlined the fund's capital structure as part of its portfolio-based financing approach. This flexible debt facility allows for dynamic operational cash flow management and reduced interest costs through an optimised capital structure, all of which benefits shareholders and holds immense potential for future portfolio scaling.

1 week ago | engineeringnews.co.za | Schalk Burger

IT services and infrastructure company Amazon Web Services (AWS) has opened applications for the third cohort of the AWS Generative AI Accelerator (GAIA), which is an eight-week global programme designed to scale early-stage startups building foundational generative AI technologies. AWS will award each selected startup up to $1-million in credits and mentorship, education and access to enterprise-grade expertise to help them build and scale transformative generative AI technologies.

1 week ago | engineeringnews.co.za | Schalk Burger

Forestry, Fisheries and the Environment Minister Dr Dion George says his first year in office under the Government of National Unity has laid the foundation for a greener, more inclusive and more dynamic environmental future for South Africa. The Department of Forestry, Fisheries and the Environment (DFFE) protected endangered species, empowered coastal communities, cleaned up systems, strengthened institutions and affirmed South Africa's role on the world stage during the year, he says.

2 weeks ago | engineeringnews.co.za | Schalk Burger

The National Energy Regulator of South Africa (Nersa) registered 160 new generation facilities, contributing 2 187 MW and representing an investment value of R41.94-billion, in the fourth quarter of the 2024/25 financial year. Six of these facilities are registered for commercial purposes, with a capacity of 957 MW and an investment value of R15.68-billion.

2 weeks ago | engineeringnews.co.za | Schalk Burger

Privatisation has redefined African port operations, with major hubs like Tema, in Ghana, Abidjan, in Côte d’Ivoire, Tanger Med, in Morocco, and Lomé, in Togo, transitioning from congested State-run systems into globally competitive trade engines shortly after privatisation. This is according to a study by fruit industry supply chain solutions company Link Supply Chain Management that highlights the significant advantages achieved through port privatisation across Africa.