Energy Group

We are proud to have been the advisor and developer for Harmony Gold Mining Company Limited’s latest renewable energy initiative at the Moab Khotsong mine in the North West province. This ambitious project, supported by a R1.5-billion green loan, will add a combined peak capacity of 100 MW across three solar PV plants, marking another significant step in decarbonising South Africa’s mining sector. Energy Group is honoured to contribute to this groundbreaking effort, which not only aligns with Harmony’s goal of achieving carbon net-zero by 2045 but also creates local employment and empowers communities in the region. Together, we’re shaping a cleaner, more sustainable future for the industry 🌍💡. 🔗 Read more about this impactful project by clicking the link below #RenewableEnergy #Sustainability #EnergySolutions #Decarbonisation

South Africa’s IPP Office (IPPO), which has overseen public procurement of 7,300 MW of renewable energy since 2011, will now pilot the country’s first Independent Transmission Projects (ITPs) to address the growing transmission infrastructure gap and enable more renewable capacity to connect to the grid. The National Treasury stated that private-sector investment in transmission will be introduced to address an estimated R390 billion infrastructure backlog. A new credit-guarantee instrument, developed in collaboration with the World Bank, aims to de-risk investments for private developers without adding contingent liabilities. The pilot ITP procurement model is set for the second half of 2025, adopting a build-operate-transfer model. To find out more, click on the link below. #EnergyTransition #RenewableEnergy #SouthAfrica

In its latest 2050 Energy Outlook, TotalEnergies explores a pressing challenge: scaling access to energy for over 4.5 billion people worldwide while accelerating the energy transition. By 2050, emerging economies will need four times more energy than today to support development and quality of life. Under the report’s “Rupture” scenario – a normative scenario aimed at minimising global temperature increase to less than +2°C – an 80% increase in renewable energy by 2030 will keep global warming below +1.8°C by 2100. At Energy Group, we are committed to driving this transition and supporting sustainable growth in emerging markets through clean energy solutions. Explore the full report to see the pathways shaping our future: https://lnkd.in/du9D6zjZ To find out more, click on the link below. #EnergyTransition #CleanEnergy #SustainableDevelopment

South Africa's renewable energy market is gaining momentum. In Q3 2024 alone, over 2 GW of renewable energy projects were registered with Nersa, contributing to a total of 3.3 GW for the year. This shift signals a movement beyond loadshedding concerns to a focus on the economics of renewable energy. The surge in private sector projects shows growing confidence in South Africa’s renewable market, with the pipeline of private projects standing at an impressive 22.5 GW. These developments underscore the crucial role of policy, grid readiness, and streamlined procurement in accelerating South Africa’s energy transition. Click on the link below to learn more. #RenewableEnergy #EnergyTransition #CleanEnergy #JustTransition

South Africa’s Electricity and Energy Minister, Dr Kgosientsho Ramokgopa, announced that the IPP programme has procured 15 432 MW of renewable energy since its inception in 2011. He added that 8 231 MW is currently in the market to be evaluated while 1 897 MW is under construction. Ramokgopa expressed a commitment to prioritise procurement while also acknowledging the ways in which grid capacity constraints are impeding progress. As part of an overarching effort to maintain the programme’s credibility while also improving its structure and efficiency, Ramokgopa said that the pulling of IPP project bid bonds where projects have failed to reach financial close would be necessary. To find out more, click on the link below. #IPP #EnergyTransition #SouthAfrica

Google's groundbreaking agreement with Kairos Power marks a pivotal moment in the intersection of clean energy and artificial intelligence. Data centre power use in the United States is forecasted to triple between 2023 and 2030, requiring 47 GW of new generation capacity. By securing power from small modular reactors (SMRs), Google is leading the way in meeting the growing energy demands of AI with a reliable, around-the-clock solution. This partnership exemplifies how innovation in energy can drive sustainable progress across sectors. To find out more, click on the link below. #CleanEnergy #SMR #AIPower

🌊 Energy Group is proud to support mental health awareness with Waves for Change 🌊 As part of Mental Health Awareness Month, we're excited to partner with Waves for Change in their annual “Therapy is Now in Session” campaign, helping raise awareness and funds for child and adolescent mental health services. In South Africa, fewer than 10% of children who need mental health services receive them. That's why we're sponsoring 278 Surf Therapy sessions, doubling each donation to help Waves for Change reach their goal of providing 3,333 sessions. Surf Therapy isn’t just about catching waves—it's about creating a safe space for young people to build resilience through mentorship, emotional growth, and new opportunities. Together, we’re committed to making a real difference. Join us in supporting this amazing cause! #MentalHealthAwareness #SurfTherapy #WavesForChange

The global renewables surge is accelerating! According to the International Energy Agency (IEA)’s latest 'Renewables 2024' report, the world is set to add over 5 500 GW of renewable energy capacity by 2030, led by solar PV. This would triple the pace of growth seen in the last decade, with renewables meeting nearly half of global electricity demand by the end of the decade. Africa is poised to add 90 GW of new capacity, with South Africa leading the charge. Click on the link below to find out more. #Renewables #SolarPV #EnergyTransition #Sustainability #CleanEnergy

Electricity and Energy Minister, Dr. Kgosientsho Ramokgopa, is optimistic about finding the "sweet spot" to unlock Independent Power Transmission (IPT) projects, accelerating grid expansion and integrating 53 GW of new renewable energy over the next decade. Drawing from successful international models, IPTs can help mobilise private capital while supporting South Africa's energy transition. With ongoing deliberations on risk-sharing mechanisms, Ramokgopa has highlighted that the IPT initiative is committed to achieving national energy security and energy sovereignty without compromising the financial interests of the National Transmission Company of South Africa (NTCSA). To learn more, click on the link below. #RenewableEnergy #IPT #EnergyTransition #SouthAfrica #GridExpansion

We are absolutely delighted to announce the successful financial close of the 80MW Zondereinde Solar PV project for Northam Platinum. As the largest behind-the-meter solar PV plant developed to date in South Africa on a PPA basis, this marks an exciting milestone in the local renewable energy landscape. ☀️ The financial close of this project reflects Energy Group’s commitment to delivering industrial clean energy projects at scale, contributing to a greener and brighter tomorrow. We are immensely proud and would like to thank everyone involved, and particularly our co-shareholders STANLIB and Royal Bafokeng Holdings and funding partners Nedbank CIB, Standard Bank Corporate and Investment Banking and Industrial Development Corporation for their support in bringing the project to fruition. Stay tuned for further updates as Energy Group continues working towards a sustainable energy transition in South Africa. 🌍💡 #Sustainability #Teamwork #RenewableEnergy #Electricity To find out more, click on the link below. https://lnkd.in/dJG6jGjF