Private power companies leasing land from Eskom to provide 2,000MW of renewable electricity
Eskom has signed leasing contracts with four renewable energy companies to build new renewable energy facilities on land owned by the power utility.
The four companies — HDF Energy SA, Red Rocket SA...
Cabinet aims to approve second version of critical renewable funding plan this month
South Africa’s government will seek cabinet approval for an $8.5-billion (R150.6-billion) plan to transition away from the use of coal to generate electricity in order to secure funding from some of the world’s...
Elon Musk says more oil and gas needed for workable transition to renewables
The world needs more oil and gas now to deal with an energy shortage while pushing to transition to renewable supplies, Tesla Inc. Chief Executive Officer Elon Musk said.
“At this time, we actually need more oil and...
Eskom needs R1.2 trillion to shift to renewables by 2030 — And will need private investors
South Africa’s Eskom Holdings SOC Ltd. said its energy-transition plan may require as much as R1.2 trillion rand of investment for new-generation and distribution capacity, with the bulk of the money...