A high level literature review on how businesses can value sustainability investments examined the trends leading to increased importance of sustainability, the benefits of sustainability investments and the barriers to pursuing such investments. The prominence of sustainability was found to be driven by society demanding good corporate citizenship from businesses, sustainability increasingly being linked to good business performance and the increase in sustainability reporting. A number of financial and non-financial[…]
On 13 September 2016, Next Renewable Generation (NrG), renewable energy independent power producer (IPP) and energy consulting group, concluded a significant investment deal with Inabata, a large Japanese trading company. After collaborating with NrG on the development of an African utility power project, Inabata was impressed by NrG’s rigourous approach to energy projects, and staying power in SA’s energy market. NrG, with a shareholder history as Kayema Energy Solutions and[…]
The rise and state of corporate PPA’s Baker and McKenzie (B&M) recently published a comprehensive report titled “The Rise of Corporate PPA’s” that presents the result of a survey and detailed interviews conducted with over 100 senior executives globally. Next Renewable Generation’s (NrG) CEO, Dr Dino Petrarolo, spoke on the same topic at the PowerGen Africa conference held at the Sandton Convention Centre in July 2016, although he focused specifically[…]
The National Energy Regulator of South Africa (NERSA) has released its approved electricity tariffs for all municipalities in SA for the 2016/17 period, which took effect on 1 July 2016. Next Renewable Generation (NrG) has consolidated and reviewed the increases in this document: Gauteng Tariff Heat Map. NrG can conclude the increases were lower than the expected 12 – 16% range; the average across the eight Gauteng municipalities examined was 8.86%.[…]
Next Renewable Generation (NrG) has a long-standing relationship with New Jersualem Children’s Home, having been contracted by both the National Business Initiative (NBI) and Anglo Coal to complete energy audits and consulting work for the home. NrG applauds the school’s commitment to being ‘green’, with their innovative & energy conscious shipping container girls residence, on-site waste water treatment, permaculture garden and solar photovoltaic installations. So when it came to Mandela[…]
Project Size: 140kWp Project Type: Power Purchase Agreement Project Location(s): 40kWp PV Plant at Smollan Head Office in Maryvale 100kWp PV Plant at Smollan Offices in Orange Grove Next Renewable Generation (NrG) has successfully implemented the first solar photovoltaic (PV) Power Purchase Agreement (PPA) of its kind[…]
Adhila Mayet and Caitlin Japhet attended a GreenPeace conference where they launched and discussed their report on “Shopping Clean – Retailer and Renewable Energy”. Five of South Africa’s largest retailers were assessed and ranked according to their performance, with respect to sustainability. The five retailers were Woolworths, Massmart, Pick ‘n Pay, Spar and Shoprite, with Woolworths (Justin Smith) and Massmart (Alex Haw) representatives present on the panel. The other panellists[…]