Fibon Energy is a finalist at the Vision 2030 Awards: South Africa’s Future Makers

The annual Vision 2030 Awards have announced their 2019 finalists!  
The awards recognise the achievements and success stories of organisations, enterprises and individuals that are actively demonstrating alignment to the government’s Nine-Point Plan to boost economic growth and achieve the milestones set by the National Development Plan (NDP).
Fibon Energy has been nominated in the Driver For Change Award category for its commitment and significant contributions to moving the nation forward, as a leader in the sector and as a proponent of the national development plan.’
CEO of Fibon Energy, Avesh Padayachee is honoured to receive the nomination after what has been a significant year for the company in its vision to drive renewable energy solutions in the country. “It’s a great honour to receive this nomination particularly in the Driver for Change category because that’s exactly at the heart of what we do. All of our projects and innovations are about harnessing new ways of thinking about how we consume energy, generate energy and reduce cost for our clients,” says Avesh.
Leading by example, the winners showcased by the Awards will inspire their sector peers, and stakeholders nationwide to pledge commitment to the NDP – not in words alone but also in actions that move the nation forward.
Avesh notes, “the Vision 2030 Awards and Summit identify and share best practices of companies that have implemented successful development and investment projects and can clearly demonstrate success with measurable returns in relation to projects aligned to the NDP.”
The winners will be announced and celebrated on 20 November 2019 at Emperors Palace, Ekurhuleni.

CEO of Fibon Energy Awarded Entrepreneur of Year, 2018 in South Africa

On 15 November 2018, the Founder and CEO of Fibon Energy, Avesh Padayachee was awarded the Entrepreneur of the Year at the 16th annual National Business Awards, South Africa. The awards recognise companies with outstanding performance in areas including sustainability, customer focus, tech innovation and fast growth. With its rigorous research and criteria, the accolade is recognised as a benchmark for business excellence.

CEO of Fibon Energy announced as a finalist in the National Business Awards

The Founder and CEO of Fibon Energy, Avesh Padayachee has been selected as a finalist in the 16th annual National Business Awards in the Top Performing Entrepreneur of 2018 category. The awards recognise companies with outstanding performance in areas including sustainability, customer focus, tech innovation and fast growth. With its rigorous research and criteria, the accolade is recognised as a benchmark for business excellence. We wish Avesh and the Fibon Energy team all the best when the awards will be announced on 15 November 2018.

Life Healthcare launches third solar plant to reduce carbon footprint

Installation of solar PV panels at Life Eugene Marais Hospital

PRETORIA, September 12, 2018 – Life Healthcare Group has completed its latest environmental sustainability project with the installation of solar photovoltaic panels at the Life Eugene Marais Hospital in Pretoria. This is the third hospital in the Group to have the solar panels installed in line with the Group’s medium- to long-term environmental sustainability initiatives to reduce carbon emissions and pressure on the national energy grid.

The solar project consists of high efficiency monocrystalline PV modules installed on the hospital’s roof with a size of 333.6 kWp DC and annually will offset approximately 581 MWh of energy, 575 tonnes of CO2 and save 800 thousand litres of clean water. The solar project was designed and built for own use by the hospital and all energy produced by the solar project will be consumed by the hospital.

“Sustainability is an integral part of how we do business. Life Healthcare’s sustainability programme was established in 2013 in response to increasing energy costs, as well as the business commitment to responsible corporate citizenship,” says Bhekisisa Ngobese, Group Engineering Manager at Life Healthcare Group. “The installation of solar panels at the Life Eugene Marais Hospital is a further effort to optimise energy efficiency at our facilities. Life Healthcare Group is committed to ensuring that we play our part in terms of achieving the universal sustainable development goals to ensure increased energy efficiency as well as encourage responsible consumption and production of energy.”

The solar project was developed by Fibon Energy, a renewable energy company based in Johannesburg. The appointment of Fibon Energy, a level 1 B-BBEE Contributor which is wholly black-owned and controlled, forms part of Life Healthcare Group’s B-BBEE strategy to harness corporate growth and inclusive development opportunities in a sustainable manner.

Avesh Padayachee, the managing director of Fibon Energy, says: “It is a privilege to be part of this flagship project and to structure a renewable energy product that will provide clean, sustainable and attractive financial returns for Life Healthcare Group. We currently have other solar projects under construction for the Life Healthcare Group and look forward to continuing to deliver value.”

Ngobese adds, “Our previous pilot projects at Life Anncron Hospital in Klerksdorp and Life Fourways Hospital in Johannesburg have proven to be successful and yielded tangible results. Following the successful implementation of the two pilots, we are excited to extend the project to Life Eugene Marais Hospital. This investment into efficient energy will go a long way to reduce the emissions footprint of our hospitals as well as contribute in relieving the municipality electrical grid pressure in the communities we operate in.”

Life Healthcare has identified several key focus areas – such as increased thermal insulation and various other efficient designs that are in various stages of implementation – and continues to investigate further opportunities. “Although a 10% reduction target has been set over a five year period, it is the intention of Life Healthcare to entrench a culture of environmental awareness throughout the organisation and continually strive for further efficiencies,” concludes Ngobese.

Project Specifications:

  • Nearly 334kWp solar power installations for Life Eugene Marais hospital (30% supply of the total facility)
  • 12 solar panel arrays
  • PV (photovoltaic) systems = 1 system across 2 DB boards
  • 914 panels installed
  • Capability of producing 324kW after losses
  • Additional capability of producing an average of 1318kWh per day dependant on environmental conditions
  • Expected production of 481MWh per annum

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For more information contact:

Tanya Bennetts
Life Healthcare, Group Communications Manager
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+27 11 219 967
Thembi Tlale
Fleishman Hillard
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+27 11 548 2098

 

About Life Healthcare Group:

The Life Healthcare Group is listed on the Johannesburg Stock Exchange and its head office is located in Johannesburg, South Africa. It is one of the largest hospital groups in the country and has more than 32 years’ experience in the private healthcare industry. The company’s primary business is private acute hospital care available through 64 healthcare facilities located in seven of South Africa’s nine provinces as well as one hospital in Botswana. In addition the Group provides services for a range of complementary healthcare services including acute physical rehabilitation, acute mental healthcare and renal dialysis. Life Employee Health Solutions, a division of the Group, also provides both occupational health and employee wellness services to private and public employers. The Group has a significant an international presence through Alliance Medical Group (UK and Europe); Scanmed S.A. (Poland) and Max Healthcare (India).
For more information visit lifehealthcare.co.za

About Fibon Energy

Fibon Energy is a South African company that develops renewable energy products. We specialise in rooftop and ground mounted solar assets. We develop, build, own, operate and maintain solar assets for the commercial and industrial sectors in Africa. Fibon Energy is a wholly Black-owned and controlled South African company with a multi-disciplinary team of energy experts with a strong knowledge of empowerment transactions. Fibon Energy is a Level 1 B-BBEE Contributor.

Vision 2030

Fibon Energy Awarded South African Future Maker’s award

On 28 June 2018, Fibon Energy was awarded the South African Future Maker’s award at the Vision 2030 Awards for their work as a developer of solar assets. This award recognises the achievements of companies and individuals which have implemented successful development and investment projects that are aligned to the South African Government’s Nine-Point Plan. One of Fibon Energy’s focus was on promoting and encouraging public-private partnership investment opportunities in provincial and local government.

Fibon Energy announced as finalist at the Future of HR Awards

Fibon Energy has been announced as a finalist at the Future of HR Awards in the Employer of Choice Small to Medium Category. The awards recognise individuals, teams and organisations for their outstanding achievements in people management by showcasing strategies and practices that deliver direct impact on business performance and innovations that set new standards for the industry. The awards take place on 13 June 2018 and our CEO, Avesh Padayachee shall be in attendance.

Fibon Energy Announced as Finalist at the Vision 2030 Awards

Fibon Energy has been announced as a finalist at the Vision 2030 Awards: South Africa’s future makers. The awards recognise the achievements and success stories of organisations, enterprises and individuals that are actively demonstrating alignment to the government’s Nine-Point Plan to boost economic growth and achieve the milestones set by the National Development Plan (NDP). The awards take place on 21 June 2018 and our CEO, Avesh Padayachee will be in attendance.

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