Thee Sneak PreviewThee Sneak Preview
    Facebook Twitter Instagram
    Facebook Twitter Instagram Vimeo
    Thee Sneak PreviewThee Sneak Preview
    Subscribe Login
    • HOME
    • ENTERTAINMENT
    • CAREERS
    • SPORTS
    • LIFESTYLE
    • MOTORING
    • TECHNOLOGY
    • BUSINESS
    Thee Sneak PreviewThee Sneak Preview
    Home » STANDARD BANK FUNDS MIDVAAL PRIVATE HOSPITAL’S R34 MILLION RENEWABLE ENERGY SYSTEM
    BUSINESS

    STANDARD BANK FUNDS MIDVAAL PRIVATE HOSPITAL’S R34 MILLION RENEWABLE ENERGY SYSTEM

    Nhlanhla SecheleBy Nhlanhla SecheleDecember 1, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Midvaal Private Hospital in Vereeniging, has completed the installation of a new renewable-energy system valued at R34 million. The project, which was funded by Standard Bank, will improve energy stability for critical medical services and enhance the long-term sustainability of the facility as well as the community it serves.

    The solution includes a 1.2 megawatts (MW) Solar photovoltaic (PV) installation and a 2.5 MW Battery Energy Storage System (BESS). Combined, the system is expected to generate approximately 1,426 MWh of clean energy in its first year, significantly reducing the hospital’s reliance on the national grid and ensuring continuous power for operating theatres, intensive care units and essential diagnostic equipment.

    Delivered with the support of Bespoke Energy (Engineering, Procurement and Construction contractor) and TAQA Energy (Project Manager), the installation uses LONGi solar panels, Sungrow inverters and SolarMD battery technology to deliver high-performance, dependable energy supply suited to a healthcare environment.

    “Reliable and affordable energy is fundamental to patient care and operational continuity, as is true for all industries. When energy supply is unreliable and costly, the downstream impact on critical services like these, is detrimental”, says Deerosh Maharaj, Executive Head for Energy, Infrastructure & Mining at Business and Commercial Banking, Standard Bank South Africa. “By funding this installation, Standard Bank is supporting Midvaal Private Hospital’s ability to operate safely and efficiently, even in challenging energy conditions. This is the kind of solution that strengthens essential services and serves communities for the long term.”

    “Power stability is both a clinical necessity and an administrative convenience, and this investment supports our ability to maintain uninterrupted care, ensuring that we can continue serving patients with confidence, regardless of external grid pressures”, says Andre Joubert, Hospital Manager at Midvaal Private Hospital.

    Standard Bank Group’s broader commitment to sustainability and resilient infrastructure includes mobilising over R450 billion in sustainable finance between 2022 and 2028, to support Africa’s just energy transition and strengthen essential sectors, including healthcare.

    The completed Midvaal Private Hospital renewable-energy system is expected to reduce exposure to rising energy costs, improve operational certainty and support a more predictable clinical environment. Additionally, the project offers a replicable model for other healthcare facilities seeking to enhance resilience, manage cost pressures and adopt practical renewable-energy solutions.

     

    featured Midvaal Hospital R34Million Standard Bank Thee Sneak Preview
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Nhlanhla Sechele

    Related Posts

    VODACOM NAMED AFRICA’S TOP EMPLOYER FOR THIRD YEAR RUNNING, SETTING GLOBAL BENCHMARK IN INNOVATION AND ETHICAL AI

    January 18, 2026

    EPSON LAUNCHES BACK-TO-SCHOOL CAMPAIGN WITH SHAKIRA SUPPORTING SOUTH AFRICAN STUDENTS’ CREATIVITY

    January 18, 2026

    HONOR TO LAUNCH THE SEQUEL TO THE RUNAWAY SUCCESS OF THE HONOR X9C

    January 18, 2026

    FRESH VIBES INCOMING – LEPAS ARRIVES IN MZANSI Q1 2026

    January 14, 2026

    Recent Posts

    • VODACOM NAMED AFRICA’S TOP EMPLOYER FOR THIRD YEAR RUNNING, SETTING GLOBAL BENCHMARK IN INNOVATION AND ETHICAL AI
    • EPSON LAUNCHES BACK-TO-SCHOOL CAMPAIGN WITH SHAKIRA SUPPORTING SOUTH AFRICAN STUDENTS’ CREATIVITY
    • HONOR TO LAUNCH THE SEQUEL TO THE RUNAWAY SUCCESS OF THE HONOR X9C
    • FRESH VIBES INCOMING – LEPAS ARRIVES IN MZANSI Q1 2026
    • LIONS CRICKET PARTNERS WITH THE EXTRAORDINARY HOSPITALITY GROUP TO BRING WILDLIFE CONSERVATION INTO SCHOOLS AND STADIUMS

    Recent Comments

    No comments to show.
    Facebook Twitter Instagram Pinterest
    • HOME
    • ENTERTAINMENT
    • CAREERS
    • SPORTS
    • LIFESTYLE
    • MOTORING
    • TECHNOLOGY
    • BUSINESS
    Copyright ©2023 Thee Sneak Preview. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?