ABB has agreed to pay 2.5 billion rand ($144 million) to South Africa in order to resolve criminal conduct relating to its work for power utility Eskom.
South Africa’s government will utilize 90% of an $8.5 billion climate-finance package that wealthy nations offered it to transition to cleaner energy to bolster its power supply, according to an investment plan released on Friday.
Eskom has signed land lease agreements with four renewable energy providers in an attempt to jumpstart South Africa’s power plans.
A substation in Durban exploded last night in a dramatic display, bringing more power problems to the country.
Starsight Energy and SolarAfrica have set out a plan to merge and expand into new areas, particularly Francophone West Africa.
South African President Cyril Ramaphosa has cut short his foreign travels and hurried home as the load shedding crisis mounts.
South African President Cyril Ramaphosa has set out a plan to tackle the country’s energy problems and seemingly winning support.
South Africa’s government is facing increased opposition on the topic of fuel prices, driven by global demand but also by Eskom’s increased needs.
Eskom will work with the National Prosecuting Authority (NPA) in an attempt to tackle the state capture allegations and the continuing cable theft problem.
South Africa has been struck by severe load shedding, although Eskom has denied that the country is facing a total blackout.
South Africa has made clear it is not moving away from hydrocarbons in the near term, talking up exploration plans and gas imports, in addition to scope for new coal generation.
Eskom will complete its unbundling by the end of this year, South Africa President Cyril Ramaphosa has said.
Eskom has said a “deliberate act of sabotage” raised the risk of stage 6 load shedding in South Africa.
An international partnership will provide $8.5 billion over the next three to five years to support South Africa’s move to a low-carbon economy.
A group of CEOs and government officials have launched the Energy Council of South Africa.
South Africa has an advantage if it can move fast to lock-in progress on the energy transition, Old Mutual Alternative Investments CEO Paul Boynton has said.
Protests will kick off tomorrow aimed at reforming South Africa’s Department of Mineral Resources and Energy (DMRE).
South African President Cyril Ramaphosa has approved plans to allow embedded generation projects with up to 100 MW of capacity.
Eskom has cleared its CEO André de Ruyter of allegations made against him, with the complainant having been found guilty of poor performance and sacked.
Eskom has signed a memorandum of understanding (MoU) with Agence Française de Développement (AFD) on developing a more competitive – and lower carbon – electricity system.
Eskom expects to have acceptable amounts of power generation by late this year, but load shedding will continue meanwhile.
Eskom has launched an investigation into accusations of racism made against the CEO André de Ruyter.
South Africa will issue two renewable energy bid windows this year, one in “the coming weeks”, South African President Cyril Ramaphosa has said.
The South African government plans to investigation “fruitless and wasteful” spending by Eskom on accommodation at the Kusile power plant.
South Africa’s carbon tax fails to provide a sufficient deterrent to emitters, PwC has said in a recent report.