South Africa

India to See Job Surge in Solar, Wind Energy Sector: Report

“The potential for employment creation is conditional on the domestic capacity of solar module manufacturing and the establishment of vocational training programmes and certification schemes,” the report added. Over 300,000 workers to be employed in solar, wind energy sectors in India: Report In India the employment generation in solar industry will see a boom in […]

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SA Signs Renewable Energy Deals with IPP

The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […]

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Jinkosolar Launches Follow-on Offering of 3.6 Million American Depositary Shares

JinkoSolar is a global leader in the solar industry. The company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan and other regions. Jinko Solar, a global leader in the solar PV industry, announced the commencement of the follow-on offering of 3,6m […]

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First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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South Africa supports India on local sourcing of solar equipment manufacturing

South Africa has backed India’s local sourcing rules in solar equipment manufacturing, while calling for BRICS countries to come up with a joint strategy to work around regulations of the World Trade Organization (WTO). South Africa’s Trade and Industry Minister Rob Davies said, “BRICS nations need to compare notes on how to re-construct their renewable […]

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