The measure will undermine spending controls and isn’t the solution to South Afric’s energy crisis, they say.
Browsing: Energy and sustainability
Ellies Holdings has agreed to buy 100% of Bundu Power, a company that specialises in alternative power solutions, for a maximum R202.6-million.
The company will build a utility-scale solar farm capable of generating 100MW of power after raising R11.8-billion in funds to assist with its expansion plans.
The state-owned utility said it will impose stage-6 load shedding on Tuesday evening as it fights breakdowns at its underperforming coal-fired power stations.
The government is considering declaring a national state of disaster as record power cuts cripple the economy.
Parts of Johannesburg, South Africa’s biggest city, are being subjected to renewed water-supply cuts as ongoing electricity shortages disrupt pumping operations.
Eskom has launched a tender for the second phase of a project to make land around its power stations available for the construction of private renewable energy projects.
Senior members of the ANC have blamed a range of factors outside their control for South Africa’s electricity crisis.
High hopes that government will soon lay out plans to take on a majority of Eskom’s debt have lifted the company’s bonds.
Eskom is examining how the suspension of a pact that enables it to import nuclear fuel components from the US.