AddressCountry Club Building 1 21 Woodlands Drive Woodmead 2191 Gauteng Province South Africa
About ENGIE
ENGIE has a presence in South Africa since 1994, specifically in energy efficiency services , and is the country’s number 1 independent power producer. The Group aims to support the government in defining a balanced energy mix based on renewable energies (solar energy, wind power) and natural gas.... read more
South Africa context
With a population of 52 million and an estimated GDP of USD 350 billion accounting for more than 25% of GDP in sub-Saharan, South Africa is the second largest economy in Africa after Nigeria. In the energy sector, the country is the biggest electricity market in Africa, with an installed power generation capacity of more than 45 GW, but it still struggles with under-production. Some 25% of the population does not have access to electricity and the distribution grid suffers from under-capacity, exposing the country and industrial companies to frequent load-shedding risks. In its COP21 contribution to take on energy transition, South Africa reasserts the commitment it made in Copenhagen to reduce CO2 emissions by 34% by 2020 and 42% by 2025 compared to a 'business as usual’ scenario. To reach these targets, the country is establishing a carbon tax, implementing precise regulatory limits for each sector of the economy and modifying its energy mix, specifically by developing renewable energies and replacing coal-fired power plants.
Power production
South Africa has a high level of Renewable Energy potential and presently has in place a target of 10 000 GWh of Renewable Energy. The Minister has determined that 3 725 megawatts (MW) to be generated from Renewable Energy sources is required to ensure the continued uninterrupted supply of electricity. This 3 725 MW is broadly in accordance with the capacity allocated to Renewable Energy generation in IRP 2010-2030. The following shall be considered qualifying technologies eligible for selection under this Renewable Independent Power Producer Procurement Programme ("REIPPP”) and the generation capacity allocated to each is : onshore wind power (1 850 MW), concentrated solar thermal (200MW), solar photovoltaic (1 450), solid biomass (12.5MW), biogas (12.5MW), landfill gas (25MW), small hydropower plant (75MW) and small projects (100MW).
JOB PURPOSE
The Electrical Engineer will be ensuring that Electrical systems are available and reliable by applying the best, safe, sustainable and timely maintenance practices in order to achieve
Purpose
In charge of all day-to-day matters of the Project Company including compliance by the Company with its obligations under the Kathu Power Purchase Agreement.
The CEO is responsible for
The purpose of this role is to professionally keep track record of financial activities through accessing and analysing. financial records, tax returns, budgets, financial reports and accounting recor
KEY RESPONSIBILITIES
Perform valuation and financial analysis/modelling for investments/divestments in compliance with AIFA methodologies;
Advise on risk allocation, appropriate mitig
Job DescriptionKEY RESPONSIBILITIES
Prepare and be responsible for financial models, financial analysis, valuation and risk analysis of new projects (with assistance / supervision of senior members
