October 2017 – TSiBA Igniting Opportunity
TsiBA is a private university which offers a business administration degree and has been operating for 11 years. The Tertiary Institute for Business Administration (TSiBA) is unusual in that it does not receive any subsidy and offers all qualifying students a fully funded bursary. Reyburn Hendricks, director at H1 Holdings, has been a trustee of the TSiBA Education Trust since 2008. Reyburn is a director of the university since 2014 and volunteers time to help build the financial sustainability of the university. More information about TSiBA and its good work can be found at www.tsiba.org.za.
Each year H1 Holdings sponsors the cost of a student to complete a Bachelor in Business Administration. This year’s student is Furnill Manus from Wellington, who is doing particularly well with his specialisation in Entrepreneurship and Leadership. The photo features Furnill at his Higher Certificate in Business Administration graduation with Mpho Tutu.
December 2016 – Stortemelk Hydro performs beyond expectations
H1 Holdings is a key shareholder in a new 4.5MW hydro project, Stortemelk Hydro. The successful plant operates as a run-of-river power station near Clarens in the Free State province, with an annual output of 28GWh. Stortemelk Hydro is the third hydro power plant developed in South Africa and it has performed beyond expectations since commercial operations on 29th of July 2016. H1 Holdings partnered with Renewable Energy Holdings for the project and it is one of the few projects under the REIPPP that is 100% South African-owned.
September 2016 – Renewable Energy Research Excellence Award
H1 Holdings project Eternity Power Thermal Harvesting™ has won its fourth award, the Renewable Energy Research Excellence Commercial Application Award. The award recognises the novel technology Eternity Power used to generate electricity from geothermal heat and is sponsored by RECORD – the Renewable Energy Centre of Research and Development. The South African National Energy Association (SANEA) hosted the awards at a gala ceremony in Johannesburg, 16th September 2016.
The picture features the Director of H1 Holdings, Lionel Jacobs, and the Director of Vuselela Energy, Vernon Harding
August 2016 – IChemE Sustainable Technology Award
H1 Holdings and Vuselela Energy are excited to announce that the innovative Eternity Power Thermal Harvesting project has been selected as a finalist for the Sustainable Technology Award 2016 by the IChemE Global Awards.
This prestigious competition celebrates sustainable technologies from across the globe, with Vuselela Energy being the sole finalist from Africa. The nomination marks Vuselela Energy’s debut on the world stage as a cutting edge sustainable energy technology.
July 2016 – Thermal Harvesting™ Power Plant Saves “Wasted Energy”
ESI Africa – Africa’s Power Journal – published an interview with Vuselela Director, Vernon Harding. The article features our award winning project Eternity Power Thermal Harvesting™.
“Producing power solely from waste heat normally dissipated into the atmosphere, the project reduces Anglo American Platinum’s carbon footprint and is in the process of being registered as a Clean Development Mechanism project with the United Nations (UNFCCC).”
Download the article here: ESI Africa – Vernon Harding – Eternity Power
View the article online here: ESI Africa.com Thermal Harvesting™
March 2016 – Vuselela Energy wins Africa Energy Innovation Award
Vuselela Energy with its award winning project Eternity Power Thermal Harvesting™ has won another prestigious award, the 9th Annual Africa Energy Innovation Award.
“Launched in 2007, the Africa Energy Awards have become the blue chip mark of success for the Africa power and electricity sector. The awards recognize and reward industry innovation and outstanding performance, and honour the top energy projects and influencers throughout Africa”. Africa Energy Awards organisers, Terrapinn.
The photo features Vernon Harding, Director at Vuselela Energy and Nicole Barwise from Menlopark High School at the Balalaika Hotel in Sandton.
Vuselela Energy is an H1 Holdings company. More photos: www.twitter.com/VuselelaEnergy
December 2015 – Eternity Power in African Energy Journal
The December 2015 issue of the African Energy Journal features an in depth article written by David Poggiolini about the award winning Eternity Power Thermal Harvesting™ project. Download the article here: Eternity Power African Energy Journal. This article was first published in African Energy Journal, and re-used here by permission of the Publisher of African Energy Journal, Interact Media Defined.
Follow Vuselela Energy on Twitter: @VuselelaEnergy
21 October 2015 -Vuselela Energy wins SA Innovation Awards
H1 Holdings, Vuselela Energy and Eternity Power are proud to announce that our Vuselela Energy Eternity Power Thermal Harvesting™ project was inducted into the Hall of Fame at the 2015 MyWorld of Tomorrow SA Innovation Awards. The Eternity Power Thermal Harvesting™ project was also a finalist in the Collaborative Innovation award and the SMME Innovation award.
Congratulations to Jacques Malan, a director of Vuselela Energy and Eternity Power, for winning the Innovator of the year award.
H1 Holdings is the majority shareholder in both Vuselela Energy (Pty) Ltd and Eternity Power (RF) (Pty) Ltd and is involved in the management of the companies. In the picture from left to right: Vernon Harding, director at Vuselela Energy and Environmental & Process Solutions; Jacques Malan, director of Eternity Power and Vuselela Energy; Reyburn Hendricks, director of Eternity Power, Vuselela Energy and H1 Holdings.
28th September 2015 – Eternity Power Official Opening Press Release
Download the Eternity Power Presentation for GreenCape July 2015
Vuselela Energy and H1 Holdings together with Anglo American Platinum Limited officially opened a clean energy power plant, Eternity Power, at its Waterval Smelting Complex in Rustenburg. The Minister of Trade and Industry, Rob Davies, opened Eternity Power and gave the keynote address.
The Eternity Power Thermal Harvesting™ project was developed by Vuselela Energy in collaboration with Anglo American Platinum at a total project cost of R150 million and commissioned in June 2015. Eternity Power is an innovation in the field of energy efficiency and a first of its kind co-generation power plant in South Africa, creating cleaner and inexpensive power for the Anglo American Platinum smelters general consumption.
This ground-breaking initiative uses waste heat from the Anglo American Platinum Conversion Plant (ACP) convertor cooling circuit to evaporate an organic liquid and drive an expansion turbine. The plant has an installed capacity of 5MW of which 4.3MW is available to the grid reducing Anglo American Platinum’s capacity bought from Eskom. The amount of power generate also results in a reduction of the smelter’s carbon footprint and a more efficient use of energy.
The project was supported by the Department of Trade and Industry who provided a R30 million grant as part of its Critical Infrastructure Programme (CIP) which leverages investments to the South African economy by providing infrastructure critical to industrial development with the aim of increasing exports of value-added commodities and creating employment opportunities.
The project was designed, engineered and project managed by local company EPS – Environmental and Process Solutions, based on technology supplied by Israeli company Ormat, a world leader in Organic Rankine Cycle systems.
Jacques Malan, Director at Eternity Power and Vuselela Energy, said “The set of technologies used at the Eternity Power clean energy plant had not previously been used in a smelter environment and a significant amount of novel work was done to design the integration of the technology into the smelter complex and to establish the technical feasibility of the process. These patents were developed specifically for the purpose of capturing and harnessing waste thermal energies from metallurgical and chemical processes for the purpose of power generation and are likely also patentable worldwide. The result is that the Eternity Power Thermal Harvesting™ power plant is the first of its kind in the world, being connected to a convertor at a metallurgical smelter.”
Reyburn Hendricks, Director at Eternity Power and H1 Holdings said “The smelter sector is an important component of South Africa’s mining and industrial economy and is a large consumer of electricity. Smelters emit large quantities of energy in the form of furnace off-gas as well as the emitting of heat. For various reasons, the majority of smelters have not historically sought to capture this form of waste energy. The Eternity Power Thermal Harvesting™ power plant is innovative in that it has been designed to capture relatively low quality thermal heat from the smelter and convert it to electricity”.
July Ndlovu Executive Head of Process at Anglo American Platinum said, “Anglo American Platinum is pleased to be at the forefront of this innovation, it provides a solution to the energy challenges that an energy-intensive operation like the smelting operation faces. We now have clean, sustainable and reliable energy and are proud to open Eternity Power as South Africa’s first thermal harvesting power plant in our operations. The plant is performing beyond expectations, generating more power ahead of its schedule.”
For more information and comments from Eternity Power contact Jacques Malan from Eternity Power on firstname.lastname@example.org or visit www.vuselela-energy.com; www.h1holdings.co.za.. Communications at Eternity Power: Janine Tilley email@example.com
Published articles about Eternity Power:
July 2015 – TSiBA – Igniting Opportunity
TSiBA NPC is a private university which offers a business administration degree and has been operating for 10 years. The Tertiary Institute for Business Administration (TSiBA) is unusual in that it does not receive any subsidy and offers all qualifying students a fully funded bursary. Reyburn Hendricks, director at H1 Holdings, has been a trustee of the TSiBA Education Trust since 2008. Reyburn is a director of the university since 2014 and volunteers time to help build the financial sustainability of the university. More information about TSiBA and its good work can be found at www.tsiba.org.za.
For the past few years H1 Holdings has been sponsoring Haley Chapendeka and in July this year she graduated from TSiBA with a Bachelor in Business Administration. Haley Chapendeka is 22 years old and after graduating will further her studies through UNISA. Janine and Unathi from H1 Holdings attended her graduation and attached to this post is a picture they took of Haley and her proud parents. We will follow Haley’s journey in the future and wish everything of the best.
June 2015 – Clean Energy is Coming…
Eternity Power is a Thermal Harvesting™ Power Plant at the Anglo Platinum Waterval Smelting Complex near Rustenburg. It represents an innovation in the field of energy efficiency and is the world’s first power plant of its kind. The plant is designed to generate 4.3MW of clean energy using waste heat generated by the converter and will result in a reduction of the smelter’s carbon footprint. In June 2015, the plant was hot commissioned and is performing beyond expectations, generating more power than designed even at lower than expected heat loads.
We are extremely satisfied with the results so far. It demonstrates that our Thermal Harvesting™ concept can deliver cheaper clean power at high levels of availability with no impact on the client’s underlying operations. It is a concept that we believe can be successfully implemented at other large South African mining and industrial companies.
Vuselela Energy is the original developer of the project and operates and manages the plant. Both Eternity Power and Vuselela Energy are subsidiaries of H1 Holdings.
Read more about Eternity Power on Engineering News
April 2015 – Roggeveld Wind Farm and Kruisvallei Hydro
In August 2014 we teamed up with our partner, Building Energy, to submit a number of projects under Round 4 of the Renewable Energy Independent Power Producer Programme (REIPPP) run by the Department of Energy. In April 2015, two of the projects we submitted were announced as preferred bidders under Round 4 of the REIPPP. Roggeveld Wind Farm is a 138 MW wind project situated between Sutherland and Laingsburg in the Northern Cape. Kruisvallei Hydro is a 4.7 MW hydro project along the Orange River using the flows released from the Vanderkloof dam. We are pleased that our projects will make a contribution towards increasing the supply of power in South Africa and that this power will be generated from clean and renewable sources. Our next task is to work towards the achievement of financial close for these two projects after which construction can begin.
August 2014 – Another first for South Africa – Eternity Power
In August 2014 H1 Holdings concluded a transaction to acquire the majority of Vuselela Energy and Eternity Power. Eternity Power is constructing a thermal harvesting power plant at the Anglo Platinum Waterval smelter. The plant is designed to generate 4.3MW of power. Commercial operations will commence in 2015. Vuselela Energy was the original developer of the project and will operate and manage the plant’s commercial operations. The Eternity Power project is the first of its kind in Africa and is a concept we intend to promote.
November 2013 – A first for South Africa – Mkuze Biomass Renewable Energy Project
In 2013 we teamed up with a technical partner, Building Energy, to submit projects to the Renewable Energy Independent Power Producer Programme (REIPPP) run by the Department of Energy. An approximately 700 million Rand 16MW biomass project which is set to convert sugar cane waste into 132 000 MW per annum has been confirmed as the Department of Energy’s only biomass project. Once operational it will supply electricity to the national electricity grid using sustainable organic waste from sugar cane. The project may create 400 jobs on the KZN sugar cane farm it is located on and is set to feed electricity back to the Eskom grid in 2017. Read more here: SA Invests in Biomass Energy.
May 2013 – Berkshire Hathaway AGM
In May 2013, I went to Omaha, Nebraska to attend the Berkshire Hathaway AGM. Berkshire Hathaway is run by Warren Buffett, one of my business and investment heroes. This AGM is different in that it is spread over an 8 hour period and is attended by thousands of shareholders with a very festive atmosphere. Attending the AGM was an opportunity to reflect on the long-term business philosophy which has worked so well for the Berkshire Hathaway shareholders, and which we hope to be able to emulate in our company. Posted by Reyburn Hendricks.
October 2012 – Upington Community Radio
One of our long-term holdings, Desert Palace Casino Resort, makes monthly donations to various charities and social projects in the Upington area. We really liked the way this one was structured because of the impact it made on the organisation. Radio Riverside, a community radio station based in Upington received a grant to upgrade their studio and broadcast facilities on condition that they rent or buy better premises (their existing broadcast centre was a tiny office within the Upington Fire Department). In October 2012, Desert Palace Casino made a contribution of R216,000 to the community station which was used as a deposit to purchase bigger premises for the station.