07.08.2023 Views

North West Business 2023-24

The 2023/24 edition of North West Business marks the 12th publication of this highly successful journal that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province. Renewable energy is a huge global trend, and the impact this burgeoning sector is having on the North West can be seen in the development of several new solar farms which are under construction. The North West’s strong suit in platinum group metals (PGMs) already puts the province at the forefront of the drive towards a greener and renewable economy because of the applicability of so many of those minerals and metals for the cleaner energy movement. North West Business includes news and analysis of the most important sectors. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity through a dedicated new strategy which includes trying to attract solar panel manufacturing to the province. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com. Updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces, our flagship South African Business title and the new addition to our list of publications, Journal of African Business, which was launched in 2020.

The 2023/24 edition of North West Business marks the 12th publication of this highly successful journal that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province. Renewable energy is a huge global trend, and the impact this burgeoning sector is having on the North West can be seen in the development of several new solar farms which are under construction. The North West’s strong suit in platinum group metals (PGMs) already puts the province at the forefront of the drive towards a greener and renewable economy because of the applicability of so many of those minerals and metals for the cleaner energy movement. North West Business includes news and analysis of the most important sectors. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity through a dedicated new strategy which includes trying to attract solar panel manufacturing to the province.

To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com. Updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces, our flagship South African Business title and the new addition to our list of publications, Journal of African Business, which was launched in 2020.

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OVERVIEW<br />

Energy<br />

The sun will power Sun City.<br />

SECTOR INSIGHT<br />

Solar panels may be made<br />

at Stilfontein on the N12.<br />

Sun City Resort is taking advantage of its sunny location.<br />

Sun City is living up to its name with the installation of a R16-<br />

million roof-based solar system.<br />

The power produced will be the equivalent of what 329<br />

average-sized South African households consume over a year.<br />

When the sun is shining, the panels will provide about 14% of the<br />

resort’s electrical demand. The investment is expected to pay for itself<br />

within five years and have a lifespan beyond 25 years. The plant will<br />

reduce Sun City’s annual CO2 equivalent emissions by an estimated<br />

2 510 tons.<br />

Stilfontein, on the N12 highway between Potchefstroom and<br />

Klerksdorp, has been identified as the possible site of a solar panel<br />

manufacturing plant. A feasibility study is to be done and the <strong>North</strong><br />

<strong>West</strong> Development Corporation will lobby Infrastructure South Africa<br />

(ISA) for the Stilfontein concept to be included in national plans with<br />

regard to solar panel manufacturing.<br />

In addition, the Provincial Government of the <strong>North</strong> <strong>West</strong> intends<br />

revising its Provincial Energy Strategy to take into account the<br />

rapidly changing global energy environment. A joint technical team<br />

of experts has been established with the <strong>North</strong>-<strong>West</strong> University to<br />

revise the document with special attention to be given to the issues<br />

of energy security and how to<br />

mitigate loadshedding.<br />

Tronox and Sola have signed<br />

Africa’s biggest corporate<br />

renewable energy power<br />

purchase agreement award<br />

to date, related to two solar<br />

plants near Lichtenburg in the<br />

Ditsobotla Local Municipality.<br />

This agreement takes advantage<br />

of recently promulgated<br />

changes to regulations, whereby<br />

energy wheeling is allowed.<br />

Wheeling means the power<br />

will be supplied through the<br />

national grid but it is generated<br />

and purchased in geographically<br />

distinct locations. The reduction<br />

in annual CO2 emissions related<br />

to these facilities is expected to<br />

be 595 tons.<br />

When De Wildt Solar<br />

near Brits started commercial<br />

operations in January 2021,<br />

it became, according to<br />

Engineering News, the “fourth<br />

utility-scale plant that has come<br />

on line in the <strong>North</strong> <strong>West</strong> in<br />

under five months”. The province<br />

had been lagging in terms of<br />

projects undertaken through<br />

the national private producers’<br />

renewable energy programme,<br />

but now it’s making up for lost<br />

time. With 169 140 solar modules,<br />

the South African-owned plant<br />

delivers 123 186MWh/year and<br />

NORTH WEST BUSINESS <strong>2023</strong>/<strong>24</strong><br />

20<br />

PHOTO: Sun City

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