NERSA GRANTS TRADING LICENCE TO NOA TRADING, STIMULATING COMPETITION IN THE ELECTRICITY MARKET
NERSA GRANTS TRADING LICENCE TO NOA TRADING, STIMULATING COMPETITION IN THE ELECTRICITY MARKET
NOA Group Trading (Pty) Ltd (“NOA Trading”), the trading subsidiary of NOA Group, has been awarded its long-anticipated trading licence by the National Energy Regulator of South Africa (NERSA). The approval was granted at NERSA’s Executive Committee Meeting on 31 January 2025.
MMC SECURES RENEWABLE ENERGY SUPPLY THROUGH AGREEMENT WITH NOA GROUP
Manganese Metal Company (MMC), a key player in the global manganese industry, has entered into an energy supply agreement with NOA Group to secure an estimated 70% of its electricity from renewable sources. This deal, which leverages NOA’s portfolio of wind and solar PV facilities with a combined capacity of 86 MW, underscores MMC’s commitment to sustainability and alignment with global decarbonisation efforts.
Old Mutual real estate holding company accelerates Renewable Energy STRATEGY via Wheeling Partnership with NOA Group Trading
Old Mutual Real Estate Holding Company (OMREHC) has entered into an energy supply agreement with NOA Group Trading to power the Eskom connected portion of its diversified property portfolio.
Recalibrating South Africa’s Economy for a Sustainable Energy Transition
Transitioning from a fossil-fuel-dependent economy to one based on renewable energy is essential, not only to meet the Paris Agreement’s binding terms but to secure South Africa’s long-term economic competitiveness.
We are delighted to announce that NOA Group has been shortlisted for the esteemed Financial Times Africa Sustainable Futures Award in the Financing Access to Clean Energy category. This recognition highlights our commitment to enhancing energy efficiency and providing climate-smart solutions for businesses in Africa.
With the most recent 2023 progress report warning that “the world is not on track to meet the long-term goals of the Paris Agreement”, the question of whether the net zero 2050 target is a realistic goal or a pipe dream is critical.
The Paris 2024 Olympic Games, one of the world’s most-watched sporting events, has shone a spotlight on sustainability. With all venues powered by 100% renewable energy, it illustrates what can be achieved when there is a shared goal and the necessary political, social, and economic support.