With seven solar farms successfully generating renewable energy at its buildings across South Africa, Growthpoint Properties is now embarking on its largest rooftop solar installations yet.

The renewable energy sector is doing well at the East London Industrial Development Zone (ELIDZ), said the Department of Trade and Industry.

The National Energy Regulator of South Africa (Nersa) has granted Eskom a 9.4% tariff increase for the 2016/17 financial year.

In line with Africrest Properties strategy the company continues to acquire commercial properties with good fundamentals that require care and attention.

Wednesday, 10 February 2016 16:04

Saldanha Bay IDZ to create 40 000 jobs

In a presentation to the Standing Committee on Economic Opportunities, Tourism and Agriculture in the Western Cape Provincial Parliament, it was revealed that 40 000 jobs stand to be created in South Africa, thanks to the development of the Saldanha Bay Industrial Development Zone.

Hyprop Investment Limited’s Gauteng-based regional shopping centre, Clearwater Mall, has tripled the generation output of its solar photovoltaic PV plant and now boasts Africa’s largest rooftop Solar PV system.

Cape Town trade and investment head Lance Greyling says that the metro has made submissions to the Independent Power Producers office, expressing its desire to purchase 300MW of gas-fired power.

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