Why South Africa is using powerships to combat energy shortage
Energy minister Gwede Mantashe announced the preferred bidders for the government’s emergency risk mitigation IPP programme in March, which include three liquid natural gas powerships.
The Risk Mitigation IPP Procurement Programme...
What to expect from the powerships coming to South Africa
The Department of Mineral Resources and Energy (DMRE) has appointed Karpowership SA as a preferred bidder for power projects in the ports of Coega, Saldanha, and Richards Bay.
Karpowership SA is a subsidiary of Karadeniz Holding, a...
Powership contract will cost South Africa R218 billion - CSIR
Karpowership, a unit of the Turkish Karadeniz Energy Group, is on track for its longest contract to date to supply power from vessels to South Africa in a deal worth as much as R218 billion ($15 billion).
The company that advertises...
How Powerships can solve South Africa’s electricity problems
Powerships can produce electricity at a much cheaper rate than Eskom’s open cycle gas turbines, and can provide the additional power the country needs to avoid most load shedding.