Cabinet approves plan for $8.5-billion international renewable funding package
South Africa’s cabinet endorsed an investment plan to help the country transition away from the use of coal, a key step in securing $8.5 billion in climate finance on offer from the world’s richest nations.
The...
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...
Shocker — Only 3 of 25 delayed Bid Window 5 IPP projects ready to be signed
South Africa will move ahead with the allocation of three onshore wind stations from a delayed round of bidding to provide renewable power, an initiative intended to help mitigate record levels of power cuts.
The...
Eskom coal supplier getting wind power to support its mines
Seriti Resources, a key coal supplier to South Africa’s power utility, will buy a majority stake in renewable energy developer Windlab Africa.
The deal worth R892 million ($55 million) will give Seriti a 51% stake in the wind and...
Ramaphosa's Eskom 2.0 plan — from a country that can't run SAA, Transnet, Denel, or Eskom 1.0
Energy expert Chris Yelland does not believe that forming a second power utility to compete with Eskom is a viable solution to the country's energy problems.
In an interview with Business Day TV...
South African municipalities threatened by private power
Poor service delivery could see South African municipalities lose revenue from electricity tariffs as more private power producers are expected to come online in the coming years.
That is according to economist Dawie Roodt, who recently...
Anglo American planning up to 5,000MW of solar and wind power for SA mines
Anglo American Plc’s plans to target carbon neutrality at its mining operations will bolster South Africa’s renewable electricity output and provide a major boost to private generation in the energy-starved nation...
R50 billion in private solar and wind power for South Africa
The bidders will add 2,583 megawatts of capacity to the grid using clean-energy technologies, Mineral Resources and Energy Minister Gwede Mantashe told reporters on Thursday. The projects total about 50 billion rand ($3.3 billion) of...
Wind will be the largest South African power source by 2040
Eskom's power generation woes mean that it may be time to look to alternative energy sources that can assist in keeping the national power grid running.
This is particularly important given the monumental failure that has been South...
Microsoft in wind power deal
As part of an effort to become carbon neutral, Microsoft Corp. has entered a 20-year deal to buy power from a new wind farm in Texas