Eskom’s decision no longer to reserve grid capacity for Karpowership means this capacity can now be awarded to other projects.
Browsing: ACWA Power
South Africa’s hopes for a raft of new power projects to help it out of a crippling energy crisis are fading.
Eskom has imposed conditions to access the national grid on 1.85GW worth of new projects to prevent “grid hogging”.
Companies yet to complete financing arrangements to build 1.85GW of generation capacity may soon lose the right to connect to the national grid.
South Africa will resolve its electricity challenges, President Cyril Ramaphosa said during a visit to the Redstone solar plant in the Northern Cape.
South Africa’s plan to add an estimated R95-billion worth of private emergency power generation has been further delayed.
A court case filed by a losing bidder in South Africa’s emergency power programme threatens to delay the provision of the electricity by months.
ACWA Power plans to bid in South Africa’s next green electricity auction. Interest from the Saudi-based company is a positive sign after lengthy delays in a process to procure green power.