SA tech company harnessing Cape waves for energy - Impact-Free Water

Loading player...
When discussing clean energy solutions, wind and solar often steal the spotlight. However, there's another potential source of energy that's worth exploring—wave energy. Some scientists believe that, if fully harnessed, wave energy could theoretically meet the world's electricity needs. However, technologies needed to harness wave energy are still in the developmental stages. In South Africa where we are surrounded by two vast oceans, a tech company called Impact-Free Water is working on a solution to produce electricity from waves and their solution could also provide fresh water. In an interview with Biznews, The Founder and CEO of Impact-Free Water, Simon Wijberg said his company aims to compete with other renewable sources in terms of cost but has the added benefit of providing energy 24/7 and there is a reduced need for storage. He and the Business Director of the company, Anton Berkovitz highlighted the challenges of limited funding available in South Africa for wave energy solutions and said it forced them to develop smaller units which turned out to be beneficial as it is easier to scale and made their system more commercially viable.– Linda van Tilburg
6 Oct 2023 12PM English South Africa Investing · Business News

Other recent episodes

Zuma in crisis: Disgruntled MKP members to vote ARU - Jabulani Khumalo

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, comes out in support of The African Renaissance Unity Party (ARU) founded to lobby for the interests of traditional chiefs and their communities. With Khumalo's battle to reclaim control of the party - “hijacked” by former…
27 Jul 10AM 17 min

Eva Crouwel - When the State comes to your Gate….

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on…
27 Jul 7AM 10 min

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min