http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.27Change: -0.05
R/$ = 11.30Change: -0.08
Au 1211.13 $/ozChange: -6.84
Pt 1303.00 $/ozChange: -6.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 30, 2009

30/10/2009 (On-The-Air)

Back
podsafm_30102009
Engineering|Port|Africa|Industrial|Projects|Renewable Energy|Renewable-Energy|Turbines|Africa|Automotive|Building|Energy|Mining|Wind Energy|Environmental|Turbines
Engineering|Port|Africa|Industrial|Projects|Renewable Energy|Renewable-Energy|Turbines|Africa|Automotive|Building|Energy|Mining|Wind Energy|Environmental|Turbines
engineering|port|africa-company|industrial|projects|renewable-energy|renewable-energy-company|turbines-company|africa|automotive|building|energy|mining|wind-energy|environmental|turbines-person
© Reuse this



Every Friday morning, SAfm's AMLive's radio anchor Tim Modise speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly. Reported here is this Friday's At the Coalface transcript:

Modise: The Germans are investing R178-million in a new car-part factory in the Eastern Cape. Tell us a bit more about this.

Creamer: This sounds like a green shoot in the automotive industry. We have been hearing a lot of negative news about the automotive industry, not only in South Africa, but also globally. Now, we see that a German company is willing to come in even at this risky stage and invest in bricks and mortar in the Eastern Cape.

The company we are talking is Benteler Automotive. It is a 133-year-old family owned company and in 35 countries. But, it is here, really to supply dashboard panels, bumpers and chassis parts mainly to Volkswagen and it will be situated right next door to Volkswagen in Uitenhage.

It has also got an eye on the Coega port where it can also be doing exports. We see that their factory is going up at the moment and will be live be mid-next year. It is part of Volkswagen's plan to make sure that we achieve a 70% local South African content for South African produced vehicles.

Modise: The French are extending R1,5-billion credit for clean-energy projects undertaken in South Africa.

Creamer: Renewable energy is on the lips of people world wide and we see these international development banks coming through and wanting to give a stimulus to the various renewable energy projects.

Some of the projects that stick are the smaller ones. Now, we see that Agence Française de Développement (AFD) from France are willing to put a credit line of R1,5-billion up to commercial banks in South Africa. This must be used for small-and medium-sized energy efficiency and renewable energy projects.

The banks that are involved at the moment and there could be more in the future; starting with Absa, Nedbank and the State-owned Industrial Development Corporation. We see that they want to enlarge this market and they also want to involve the smaller players. It is all about, in the end, reducing the global carbon-dioxide footprint.

Modise: Well, some more European involvement in the South African economy, with the Irish now backing the building of a wind farm in Jeffreys Bay.

Creamer: Yes, the Irish company Mainstream is prepared to assist with the funding and financing and development of a wind farm in Jeffreys Bay. They are looking at a part of Jeffreys Bay close to the farm area called Sunnyside dairy farm. The idea is to set-up a wind farm there.

The total envisaged investment in the longer term is about R2,3-billion for 125 MW wind farm. It will start small in a first phase of about 16 MW and the environmental impact assessment is being done that and once that is completed one can start looking at physically putting in the various wind turbines, which will be done in modules of about 2 MW and 2,5 MW each.

But, we see that South Africa is really lagging in wind energy and we know that we have only really got four turbines in South Africa as a whole in the Western Cape, compared to Germans, for instance, who have about 22 000 of these. So there is scope for movement forward.

Modise: Thanks very much. Martin Creamer is publishing editor of Engineering News and Mining Weekly, he'll be back with us at the same time next week.

 

 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other SAFM
More
 
 
Latest News
Updated 1 hour 1 minute ago Information and communication technology services group Gijima on Tuesday announced that it would undertake a rights offer and restructure its existing trade receivables securitisation funding programme to ensure that it had sufficient working capital to underpin the...
Lynne Brown
Updated 1 hour 39 minutes ago Public Enterprises Minister Lynne Brown has urged that the best candidates be nominated to serve on the boards of State Owned Entities (SOEs). “Help me identify your brightest and our best,” said Minister Brown as she launched an initiative to obtain the best pool of...
Updated 1 hour 44 minutes ago The Square Kilometre Array (SKA) has brought art and science together in an exhibition celebrating ancient humanity’s appreciation of the night sky. In a first for the SKA Organisation, indigenous and local artists from South Africa and Australia have collaborated in...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
The South African new vehicle market is likely to reach around 630 000 units in 2014, down from the 650 000 units recorded in 2013, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. Van Zyl is also president of the National Association of...
Efforts by the Kenya government to increase energy generation by 5 000 MW over the next three years received a major boost following the award of a $2-billion contract to build a coal power plant in Lamu.  Despite allegations of irregular tendering process, the...
Using crafty wordplay on a well-known Internet meme, brilliant South African-born US entrepreneur and businessperson Elon Musk announced that Tesla Motors would not initiate patent lawsuits against anyone who, in good faith, wanted to use its technology. Instead,...
August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37 953 units, contracted by 1 047 units, or 2.7%, compared with August last year.
With South Africans facing the challenge of reducing electricity consumption, the biennial Eskom Energy Efficient Lighting Design Competition, to encourage the integration of energy efficient lighting in architectural, engineering and interior design, received a...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks