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Our Engineering and Commissioning (E&C) team are f

Our Engineering and Commissioning (E&C) team are finely tuned machines. Involved in all the phases of our projects this team takes care of our engineering and commissioning activities.

During the development and transaction phases, E&C provide value engineering to make projects reliable and improve returns on them. During the construction and operations phases, it manages the project engineering and commissioning of projects through our civil, electrical, and mechanical engineers.

Given the dynamic nature of renewable energy technologies, E&C is responsible for continually optimizing our plants by ensuring that our selection of technical solutions and ability to innovate is at the cutting edge.
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#teamspotlight
#Engineering

It's our determination to do, that makes all the d

It's our determination to do, that makes all the difference. That's the #redrocketway.
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#renewableenergy
#motivationmonday

Roggeveld Wind Power is owned in majority by Red R

Roggeveld Wind Power is owned in majority by Red Rocket and AIIM's Ideas Fund via a holding company.

The other shareholders are H1 Holdings, the Government Employees Pension Fund funded via the Public Investment Corporation (PIC) and local communities through the Roggeveld Wind Power Trust.
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#renewableenergy
#windpower
#roggeveldwindfarm

Constructed at an estimated cost of R4,4billion, t

Constructed at an estimated cost of R4,4billion, the 47 Nordex turbines at Roggeveld will generate 613GWh per year.

The energy generated will satisfy the energy needs of 49 200 households while avoiding 502 900tons of carbon emissions annually.
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#renewableenergy
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#roggeveldwindfarm

Roggeveld Wind Power was awarded Preferred Bidder

Roggeveld Wind Power was awarded Preferred Bidder in Round 4 of South Africa's Renewable Energy Independent Power Producers' Programme (REIPPPP).

The Roggeveld Wind Farm achieved Commercial Operations on 26 February 2022 and has a contracted capacity of 140MW.
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#windpower
#roggeveldwindfarm

Doing what we love to do habitually, is how we del

The Environmental, Social & Governance (ESG) team

The Environmental, Social & Governance (ESG) team keep us on course as we preserve our precious world. Our ESG team was formed to align with the increasing importance of environmental and social considerations and impacts, that arise during the life cycle of projects.

The role of this team is multi-faceted and includes the responsibility of acquiring necessary environmental and social permits, ensuring compliance with such permits, assessing risk and undertakes audits to manage projects risks during the life cycle of our projects.

The team also facilitates consistent improvement of environmental, social and governance throughout the business. ESG also implements an Environmental Social Management System (ESMS) that is compliant with the International Finance Corporation (IFC) Performance Standards and Equator Principles (EP).
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#teamspotlight

Ours is never a solo journey because we understand

Ours is never a solo journey because we understand what it takes to succeed.

At Red Rocket, the brilliant minds of our Rocketeers working in collaboration, make every project a win.
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#renewableenergynow
#motivationmonday

South Africa has great wind resources especially a

South Africa has great wind resources especially along coastal areas of the Western and Eastern Cape. The amount of wind energy that can be harnessed to generate electricity depends on wind speed. A wind turbine is a rotary device used to extract energy from the wind. Blades on the device spin a shaft that is connected to a generator to produce electricity.

The programme to procure utility or large scale renewable energy that includes wind power, in South Africa, is called the Renewable Energy Independent Power Producers’ programme or REIPPPP. The first bidding window took place in 2011. Bid Window 6 was officially released to the market released in April 2022.

According to the South African Wind Energy Association (SAWEA), the country has a total of 3672MW of wind energy feeding the national grid. In total there are more than 1,365 wind turbines spinning across South Africa. (2021)
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#windpower

Yesterday, International Workers’ Day was offici

Yesterday, International Workers’ Day was officially commemorated across the globe. Today, we remind ourselves to push the limits of our own imaginations to make our work more meaningful.
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#renewableenergy
#motivationmonday

Meet Braam Groenewald, Financial Analyst and membe

Meet Braam Groenewald, Financial Analyst and member of the Corporate and Investment Finance team at Red Rocket. Braam started at our company in 2019 while completing his Bachelors in Commerce. He is currently completing his BComm (Honours) in Economic Analysis of Financial Markets.

An avid mountain climber, he loves nature and readily makes himself available to guide our Rocketeers on social hikes and nature adventures. Braam’s love of nature and everything outdoors extends to his love of people. He has a natural ability to reach into the hearts of every Rocketeer.

In his role as our Financial Analyst, Braam assists his team in driving projects to financial close with a specific focus on financial modelling and analysis. We have come to appreciate that his talent with financial modelling goes beyond the numbers and for Braam, our footprint of positive impact starts with ensuring every project is meaningful.
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#meettheteam

Responsible for wealth generation, the Corporate a

Responsible for wealth generation, the Corporate and Investment Finance team is integral to ensuring our longevity as an energy platform. This team executes financial forecasting and analytical projects that drives our financial strategy and ability to execute decisively at all levels of the company.

At a corporate level, the team prepares forecasts and budgets that equip us to plan and manage our corporate financial transactions. At an individual project level, the team manages the financial modelling in all phases of our projects from development to operation.
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#renewableenergy
#teamspotlight

We’ve said this often but for us, the sky’s no

We’ve said this often but for us, the sky’s not the limit. As an organisation that pushes through the boundaries of every possibility, we’re very confident that we are building our dreams into reality.

We believe that: "Only those who will risk going too far, can possibly find out how far one can go."
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#redrocketenergy
#renewableenergy
#motivationmonday

Today, we join more than 1billion people in 193 co

Today, we join more than 1billion people in 193 countries to commemorate Earth Day. This year’s theme for Earth Day is ‘Invest in Our Planet’.

By designing, developing, and distributing clean energy, we are investing in our planet and people every day.

Led by our dedicated Environmental, Social and Governance (ESG) team and a network of specialists, we ensure that as we grow, we’re always climate responsible.

Red Rocket upholds the highest environmental, social, and business integrity standards. Our goal is to leave a lasting, positive legacy in the communities where we invest.

Red Rocket is committed to #action to protect the planet from harm, that’s the Red Rocket way.
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#renewableenergy
#EarthDay

A Power Purchase Agreement or PPA for renewable en

A Power Purchase Agreement or PPA for renewable energy projects is a contractual agreement between energy buyers and sellers.

Under a PPA the buyer and seller agree to buy and sell electricity which is or will be generated by a renewable energy asset such as a wind farm, solar facility or a hydro-electricity facility.

Power Purchase Agreements are usually signed for a long term period of between 10-20 years.
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#renewableenergy
#whattoknow

To be truly pioneering requires falling over sever

To be truly pioneering requires falling over several times and defining new pathways to success. Our teams at Red Rocket understand that refining what we do well, takes continuous learning.

We set goals. Achieve. Analyse. Repeat.
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#renewableenergy
#motivationmonday

Legal ease across our organisation, is provided by

Legal ease across our organisation, is provided by the Legal Affairs team.

Established as a core strategic function, the team is responsible for oversight of the corporate and secretarial activities of the companies in the Red Rocket group.

Legal Affairs also assists the Transaction and Development teams in the acquisition and closing of our renewable energy projects.
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#renewableenergy
#teamspotlight

It’s all about endurance, to ensure that we achi

It’s all about endurance, to ensure that we achieve our goals.

Our enthusiasm never wanes, it always endures.
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#redrocketenergy
#renewableenergy
#motivationmondays

Our Transactions team, is always closing and is re

Our Transactions team, is always closing and is responsible for ensuring that our projects that are awarded, under competitive tenders, reach Financial Close within stipulated time frames.

During the development phase of our projects this team supports and optimises project financial models, terms, and deal structures.

Once projects are awarded, Transactions project manage the development and engineering activities as well as budgets to achieve the milestone of Financial Close.
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#renewableenergy
#teamspotlight

As a reminder of what we aim to achieve, we draw i

As a reminder of what we aim to achieve, we draw inspiration from people who have undertaken journeys with positive personal and universal impact.

We are more fulfilled when we are involved in something bigger than ourselves.
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#redrocketenergy
#renewableenergy
#motivationmonday

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