Electricity + Control July 2019

round up ENERGY MANAGEMENT + ENVIRONMENTAL ENGINEERING

Another 140 MW wind farm for Eastern Cape

To build this wind farm, EGP will use advanced digital platforms and software solutions to monitor and remotely support site activities and plant commissioning, digital tools to perform quality controls on site and smart tracking of wind turbine components as well as an active safety system. These processes and tools will enable swifter, more accurate and reliable data collection, improving the quality of construction and facilitating communication between on-site and off-site teams. In addition, the company has committed to ensuring job creation in the community surrounding Oyster Bay, while also prioritising education, a key driver of socio-economic development. It will be supplying schools with clean energy through mini- photovotaic systems, awarding scholarships in science, technology, engineering and mathematics (STEM) subjects to local students, and supporting school feeding programmes in the Kouga municipality. EGP promotes STEM in the community also by supporting the employment of three fulltime teachers. Enel Green Power is the Enel Group’s global business line dedicated to the development and operation of renewables around the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. As a global leader in the green energy sector it has a managed capacity of more than 43 GW across a generation mix that includes wind, solar, geothermal and hydropower, and is at the forefront of integrating innovative technologies into renewable power plants. Enquiries: Enel Green Power, visit www.enelgreenpower.com

Enel, through its renewable energy subsidiary Enel Green Power RSA (EGP RSA), has started construction on its Oyster Bay wind farm, of around 140 MW, in the Kouga Local Municipality in the Eastern Cape. The construction of the Oyster Bay facility, which is Enel’s fourth wind energy project in the country, involves an investment of about 180 million euros. Antonio Cammisecra, Head of Enel Green Power, said: “With the start of construction of this fourth wind project in South Africa’s Eastern Cape, we are continuing to contribute to the socio-economic development of the area through our zero- emissions energy and initiatives to create shared value. “These initiatives include the innovative model implemented at theOyster Bay construction site, aswell as the sustainability activities focused on scientific and technical education in the area. Looking ahead, we will continue to harness South Africa’s abundance of renewable resources, creating a virtuous circle of sustainable energy generation, education and development.” Once fully up and running, due in the second quarter of 2021, the 41-turbine Oyster Bay wind farm is expected to generate around 568 GWh per year, avoiding an annual emissions equivalent of around 590 000 tons of CO 2 . As part of the South African government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPP), the wind farm will be supported by a 20-year power supply agreement with energy utility Eskom. The fourth round REIPPP tender, awarded to the Enel Group in April 2015, is for a total of five wind projects delivering 700 MW.

Positive results for renewables investments company

were therefore only included for a portion for the period ended February 2018, whereas the financial year ended February 2019 includes the full twelve-month period. “We will continue to build capability and pursue opportunities in the renewable energy sector to enhance returns, while assessing various forms of funding to enable the conclusion of the focus projects in our pipeline,” Raphulu said. Enquiries: email info@hulisani.co.za or visit www.hulisani.co.za

agreements (PPAs). Since their conclusion however, new wind tower orders have significantly improved GRI’s prospects. Greater energy policy certainty is encouraging, and we anticipate that our investments in advanced projects in the renewable energy sector will benefit from further conclusion of PPAs as well as upcoming renewable energy independent power producer procurement programme (REIPPP) and gas to power programme (GTPP) projects.” Group revenue increased to R50.4 million from R37.4 million and operating costs increased to R73.3 million (2018: R57.7 million), largely attributable to timing considerations. Group cash costs rose to R48.7 million, mainly for salaries and non- recurring investment-related consultancy fees. Net cash from operating activities amounted to R11m. Hulisani Limited listed in April 2016 but ceased to operate as a special purpose acquisition company on 22 March 2017. Equity investments and income earned

JSE-listed energy investment company, Hulisani Limited (HUL), at the end of May announced its largely positive annual results for its first full year of trading, to the year ended 28 February 2019. Hulisani is an investment holding company that generates dividend income on its investments, which are largely focused on energy projects including gas, solar PV, concentrated solar, wind and hydro in South Africa and sub-Saharan Africa. Hulisani’s key portfolio includes interests in GRI Wind Steel, Kouga Wind Farm, RustMo1 Solar Farm, and the Avon and Dedisa peaking power plants. Commenting on the results, CEO Marubini Raphulu said that Hulisani’s imperative is to achieve a level of scale in terms of its core portfolio. “Our current projects pipeline in the secondary market is about R1.2 billion in relation to South African operating and revenue generating energy assets. GRI, which manufactures wind towers, was negatively affected by the delayed signing of power purchase

One of the companies in which Hulisani holds interests is GRI Wind Steel, which manufactures wind towers.

Electricity + Control

JULY 2019

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