Eskom will implement load reduction in Gauteng in order to avoid network overloading from 5pm until 10pm on Thursday.
Browsing: Energy and sustainability
The energy ministry on Sunday began consultations with industry on preparations for a proposed 2.5GW nuclear power plant building programme, which has faced opposition from environmental campaigners.
South African blockchain-based renewable energy start-up Sun Exchange has raised R50-million from a company backed by one of the country’s richest businessmen.
Pele Green Energy plans to expand its wind and solar projects in Africa after raising capital with the help of Investec, the South African and UK specialist bank.
Norman Moyo, CEO of Econet Group-owned Distributed Power Africa, believes Africa can solve its power supply woes by unleashing the private sector in the same way as has happened in telecommunications.
Eskom has demanded that consultancy PwC repay it R95-million, alleging the money was disbursed under an invalid contract. PwC has denied the allegation.
Efforts to address Eskom’s R450-billion debt burden have taken a back seat to the government’s focus on fighting the Covid-19 pandemic.
Chinese manufacturers that dominate nearly every step in the global solar power supply chain are being forced to slash prices as the coronavirus disrupts projects around the world.
Johannesburg households and businesses using prepaid electricity are in for a shock if the fixed charges proposed in the city’s draft budget are approved.
The Public Investment Corp has submitted a proposal to government on converting bonds it holds in struggling state utility Eskom into equity, PIC chairman Reuel Khoza said in an interview.