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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Cape Town - Teljoy, best known for its television sets and cellphones, is now entering the solar geyser industry with a unique product that will put solar units and free hot water within the reach of many more people.
On Tuesday Teljoy Solar announced its "Green Credit" system. At R262 a month, and with a deposit of R2 500, consumers can own a fully paid 150-litre solar water-heating system within 48 months. This involves the conversion of an existing 150-litre geyser into a solar-heated system.
Teljoy's Theo Rutstein says it is surprising that solar geysers have not yet become compulsory for all new buildings. Heating of water contributes 30% to 50% of household energy consumption and solar geysers could therefore cut household electricity by the same amount.
For the cost of one new power station solar geysers could be installed in about five million homes, reckons Rutstein.
He says Eskom's campaign to subsidise solar geysers has been unsuccessful because the process is too cumbersome, complicated and expensive.
- Sake24