Eskom said it is disappointed by the decision as the current board and management “have worked painstakingly hard to try and resolve corporate governance issues of the past regime”.
Browsing: Energy and sustainability
Eskom warned on Monday night that forced blackouts could return at short notice due to the “unexpected loss of some generation units over the weekend”.
Africa Data Centres, a pan-African company that provides data services, has expanded its use of solar power by ordering the installation of a 1.2MW plant at its facility in Nairobi.
The cost of propping up South Africa’s debt-stricken state power utility is mounting, placing severe pressure on the national budget and exacerbating the risk it poses to the nation’s finances.
South Africa has unveiled its long-awaited plan to save its debt-stricken state power utility, including exposing it to greater competition, lowering fuel costs, increasing renewable energy output and selling non-core assets.
Serious disagreements between developers that want to build an 11GW hydropower plant in the Democratic Republic of Congo may scuttle plans for the project, which is meant to provide power to South Africa.
Volkswagen Group South Africa is poised to implement a plan to move its manufacturing plant in Uitenhage, plus some of its component suppliers in an adjacent supplier park, off the national electricity grid.
Following major problems that brought Eskom’s Medupi power station to its knees last week, Medupi manager Rudi van der Wal is leaving Eskom to take up a position overseas.
President Cyril Ramaphosa said Eskom’s financial position “remains untenable” and urged non-paying citizens to change a culture of non-payment.
Eskom remains the single largest fiscal threat to South Africa. And despite many promises from the president, he is yet to release a restructuring plan or appoint a permanent CEO of the utility.