| Name and background of applicant/developer |
Inovasure (partner to the South African LiveSure Living Security “Ensurance” and Technology Company |
| Core focus sector | Renewable energy |
| Total project investment |
ZAR1,2 million |
| Sources of funding |
Private and donor |
| Project status | Pre-feasibility |
| Partnerships | Garden Route District promotes all forms of partnerships. |
| Full contact details of project lead | GRDM Local Economic Development and Tourism, Richard Dyantyi; rdyantyi@gardenroute.gov.za |
| When investment is required | Immediately |
| Proposed completion date |
Over 500 permanent jobs to be generated (2500+ family members impacted); 800≤ temporary construction jobs during Phase 1 (150MW of power) |
Kannaland Municipality is renowned for its cheese factories and the production of world-famous diary and wine products. Major beneficiation of agricultural products in the form of cheese, dairy, wine and port occurs at processing plants and wineries within its boundaries rather than the raw material being exported to value-adding enterprises elsewhere.
Kannaland Municipality is an area of outstanding natural beauty and bio-diversity significance with great appeal to the wilderness and adventure tourism market, such as eco-resorts and getaways, hiking, bird-watching, organised and informal mountain biking and self-drive and motorcycle touring.
Kannaland experiences insufficient electricity supply and has embarked on a renewable electricity project in partnership with a private company called Inovasure. The project centres around the Inovasure RMEMS (Energy Vault) which is effectively a large UPS (Uninterrupted Power Supply) and receives power during off-peak times during the day and introduces it back into the distribution network during peak times. The project was approved by National Treasury and is currently going through a public participation process. This project has the potential to improve electrical supply to the area which will act as a stimulus for economic growth in different sectors and it is estimated to create around 600 jobs in the Kannaland area.
Request a Callback
You have questions? Contact us today, we’re here to help. Just submit your details and we’ll be in touch shortly.