African Rainbow Energy and Power is looking to boost renewable power generation to become one of the biggest clean energy providers in South Africa and Africa.
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Talks between Eskom and its biggest labour unions on wages have reached a stalemate, the latest crisis for the electricity utility.
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 CSIR has painted a bleak picture of the state of Eskom and energy supply in South Africa in its annual statistics on power generation for 2021.
Eskom has warned that there is an elevated risk of load shedding in the “coming weeks” as a shortage of generation capacity persists.
Energy regulator Nersa appears to be stepping up the pace when it comes to approving the registration of new private power generation plants in South Africa.
Government has signed power purchase agreements for 150MW of capacity from private projects by developer Scatec that were selected a year ago.
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.
Eskom has completed unit 4 at the Kusile power station, the long-delayed coal-fired power station, with the unit handed over to the company’s generation division on Tuesday.