Market Intelligence Reports identifies opportunities for investment in the green economy in the Western Cape

GreenCape’s Market Intelligence Reports (MIRs), developed annually in partnership with the Western Cape Government’s Department of Economic Development and Tourism, highlight the investment opportunities in key sectors of the green economy in the province.

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Western Cape government calls for information on renewable projects to beat load shedding

11 Jun 2021


We are pleased to announce the publishing of a Request for Information (RFI) for our Municipal Energy Resilience (MER) Project, calling on all potential private and public sector organisations, including Western Cape municipalities, to provide information on renewable energy projects that would develop into new generation capacity in the Western Cape.

This is an important step forward in our MER Project which was launched last year to support municipalities to take advantage of the new energy regulations to generate, procure and sell their own power so that we can become more energy secure in the Western Cape.

Information submitted through the RFI will enable the Department of Economic Development and Tourism to consider options and develop the strategic approach to assist municipalities in the Western Cape to develop and/or procure new electricity generation capacity from all types of renewable energy generation and supply systems and technologies, including self-generation, battery energy storage systems, as well as hybrid generation and storage solutions.

The MER Project is just one of the many ways to build energy resilience and buffer businesses and households from the impact of load shedding in the Western Cape.

The announcement by President Cyril Ramaphosa yesterday (10 June 2021) that Schedule 2 of the Electricity Regulation Act will be amended to increase the licensing threshold for embedded generation projects from 1 MW to 100 MW is a welcome move that will boost our initiatives to build energy resilience in the Western Cape.

To ensure we maintain momentum and move forward as quickly as possible, we need the Department of Mineral Resources and Energy to finalise Schedule 2 of the Electricity Regulation Act to provide further clarity and certainty to the market.

We remain in an energy crisis and large-scale private sector participation in energy generation, in partnership with the government, will be key to addressing the current shortfall in the Western Cape.

Courtesy: www.gov.za

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Aquasky MD, Brendan Williamson, talks about the birth of the atmospheric water brand and the changing face of the company

The Aquasky story begins in 2017, when the Western Cape government started raising alarm bells about Cape Town’s low dam water levels.

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