http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.73Change: 0.10
R/$ = 10.93Change: 0.02
Au 1164.63 $/ozChange: -35.59
Pt 1227.50 $/ozChange: -18.50
 
 
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 09, 2012

Altron eyes SA's renewable programme for growth

Back
Engineering|Africa|Allied Electronics|Industrial|Powertech|PROJECT|Projects|Renewable Energy|Renewable-Energy|System|Africa|South Africa|Electrical Engineering Subsidiary|Energy|Product|Products|System Integrators|Transformers|Turnkey Contractors|Power|Robert Venter|Transformers|Cables|Transformers
Engineering|Africa|Industrial|PROJECT|Projects|Renewable Energy|Renewable-Energy|System|Africa||Energy|Products|Transformers||Power|Transformers|Cables|Transformers
engineering|africa-company|allied-electronics|industrial|powertech|project|projects|renewable-energy|renewable-energy-company|system|africa|south-africa|electrical-engineering-subsidiary|energy|product|products|system-integrators|transformers-industry-term|turnkey-contractors|power|robert-venter|transformers-person|cables|transformers
© Reuse this



JSE-listed Allied Electronics (Altron) sees South Africa’s Renewable Energy Independent Power Producer Programme (REIPPP) as a key strategic avenue of growth for its electrical engineering subsidiary Powertech.

Altron CEO Robert Venter told Engineering News Online that the programme’s local content requirement of between 30% and 40% opened up opportunities for the subsidiary to supply transformers, cables and industrial and system integrators to the turnkey contractors of the large solar and wind project bidders over the next few years.

A total of 47 projects, valued at R46-billion and accounting for 2 400 MW of the 3 725 MW power capacity, were approved during the first two REIPPP bidding rounds.

Some of the bidders included the Powertech product range within their bids and as the financial closure of the bidding rounds nears, Powertech would initiate discussions surrounding supply.

Venter commented that Powertech’s possible market share and growth could not yet be calculated as the financial closure of the bidding rounds were required to accurately assess potential.

However, he expected the renewable-energy projects to account for 10% of the products' market in South Africa, which would be shared between the company and its competitors.

The Department of Energy announced on Tuesday that, under the REIPPP, it would move to secure an additional 3 200 MW renewable energy capacity, bringing the total to more than 4 360 MW of capacity available for future bidding rounds.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Rosatom VP: sub-Saharan Africa Viktor Polikarpov
Updated 21 minutes ago Russian nuclear energy group Rosatom confirmed on Friday that it had canvassed funding options with South African government officials during a recent “nuclear vendor parade workshop” held in the Drakensberg on October 23. The company said the options discussed were...
Updated 25 minutes ago The shortfall on South Africa's trade account narrowed sharply to R2.91-billion in September from a revised R16.75-billion in August, as the import bill nearly matched that of exports, data from the revenue service showed on Friday. Exports in September rose by 18.2%...
Updated 26 minutes ago Centre for the Study of Democracy director Professor Steven Friedman believes the prevailing view that a possible expulsion of the National Union of Metalworkers of South Africa (Numsa) from the Congress of South African Trade Unions (Cosatu) would lead to “a Cosatu...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
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.
 
 
 
 
 
This Week's Magazine
In the next 20 years, it was expected that, in Africa, more people would live in cities and towns than in rural areas, United Nations Habitat executive director Dr Aisa Kirabo Kacyira said at the Human Settlements Indaba that took place earlier this month in...
Tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Over the past 20 years there has been persistent concern about deindustrialisation in South Africa, as well as the fact that locally produced manufactured products have been increasingly displaced by imports.
Financial agreement for Ghanian independent power producer (IPP) Cenpower Generation Company’s $900-million, 350 MW combined-cycle gas-turbine power plant was finalised earlier this month, paving the way for the project’s construction to begin before 2015 in Tema,...
The revenue implications for South Africa of ‘base erosion and profit shifting’ by corporate taxpayers are firmly in the crosshairs of the Davis Tax Committee (DTC) and Judge Dennis Davis hinted last week that recommendations were being considered to “detect and...
 
 
 
 
 
 
 
 
 
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