South Africa’s environment ministry is investigating a “stench” that has settled over Gauteng this week.
Author: Antony Sguazzin
Eskom said it will give the transmission unit that it’s transforming into a separate entity a R39.9-billion loan to make sure it can complete projects and be financially viable.
The R135-billion Medupi power plant won’t ever make a profit because of delays, design defects and increasing opposition to coal-fired electricity generation, one of its funders said.
Karpowership said some government agencies have stalled its projects and their conduct isn’t conducive to creating an attractive investment environment.
South Africa will need to spend $250-billion over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a study.
South Africa will need to attract investment of R224-billion if it’s to develop a substantial green hydrogen industry, the head of government’s climate finance task team said.
By 2030, the company plans to convert its global fleet of 400 mine haul trucks – which operate across platinum, copper and iron ore operations – to hydrogen.
Anglo American has unveiled the world’s biggest green-hydrogen powered truck at a platinum mine where it aims to replace a fleet of 40 diesel-fuelled vehicles.
Karpowership said it’s committed to delivering what would be its biggest-ever project as activists mounted a fresh legal challenge against the company’s plans.
Karpowership is expanding its generation capacity by 50% to tap global demand even as it struggles to get projects going in potentially its biggest market.