Eskom has struck a deal with ABB under which the engineering company will repay 1.56 billion rand ($103.1 million).
Access to capital is the major challenge facing sub-Saharan Africa’s energy sector.
Sasol has set out steps to cut carbon emissions in a 10-year pivot away from coal and towards alternative energy sources.
South Africa has launched a reconstruction and recovery plan, with power provision one of the key initiatives for improvement.
Eskom has released a report investigating its CEO amid accusations that he had misled the South African power company’s board.
The first of Koeberg’s new replacement steam generators arrived at the plant on September 29, Eskom has reported.
Eskom and the Department of Mineral Resources and Energy (DMRE) have come out in support of the National Energy Regulator of South Africa’s (Nersa) plans to secure new power generation.
A conveyor belt has broken at the Medupi power plant, in South Africa, leading Eskom to warn that any further breakdowns would spark Stage 2 load shedding at short notice.
Eskom has announced Stage 4 load shedding as the power system struggles to keep up with cold weather-driven demand.
With Allister on his hols (somewhere in lockdown Aberdeen), special guest Stuart Broadley, chief executive of the Energy Industries Council – which sponsors this episode – joined Mark and Ed to size up the week’s biggest stories.
Eskom has launched an attempt to recover cash lost to alleged corruption, which took place in 2015-16.
UK investors are faced with a fundamental problem around solar, in that the sun does not shine that much.
South Africa will merge the three subsidiaries of the Central Energy Fund (CEF) into one National Petroleum Company.
Eskom has been instructed to halt work at a number of units at its Kendal power plant by the South African Department of Environment, Forestry and Fisheries (DEFF).
Eskom has cleared its COO of accusations, including corruption and abuse of power, following an external investigation.
South Africa should reconsider its role in the ambitious Inga III hydropower project in Congo Kinshasa, a report has argued.
Eskom has launched an investigation its COO following accusations of corruption, stemming from an employee.
South Africa has many challenges but perhaps the most emblematic is Eskom and the country’s power sector.
Eskom has set out plans for a new “philosophy maintenance”, under which its power plants will be serviced in line with how they were supposed to be, while also seeking cost savings and taking a harder line with lenders.
Eskom’s new CEO Andre de Ruyter has begun his tenure, faced with a major challenge of how to address the company’s debt load and power outs.
South Africa’s Hawks police squad has arrested a former minister Bongani Bongo, and MP from the ruling African National Congress (ANC) party, over alleged improprieties at the Eskom power utility.
Plans are afoot for an initial public offering (IPO) of South Africa’s Engen, which might provide a rare bright spot in the country’s institutional outlook.