NERSA grants trading licence to NOA Trading
NOA Group Trading (Pty) Ltd (“NOA Trading”), the trading subsidiary of NOA Group, has been awarded its long-anticipated trading licence by the...
NERSA grants trading licence to NOA Trading
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Highlights
NERSA grants trading licence to NOA Trading
NOA Group Trading (Pty) Ltd (“NOA Trading”), the trading subsidiary of NOA Group, has been awarded its long-anticipated trading licence by the National Energy Regulator of South Africa (NERSA). The approval was granted at NERSA’s Executive Committee Meeting on 31 January 2025. This licence greenlights the implementation of NOA Trading’s innovative business model and energy aggregation offering, designed to aggregate energy from geographically dispersed renewable generation facilities and supply it to customers across the country. Unlike embedded generation and physical bilateral...