Though Amazon.com is staying mum for now on details of its planned “utility-scale” renewable energy project in South Africa, it has emerged that it will source the power from a giant solar farm to be built in the Northern Cape.
Browsing: Eskom
ABB will repay R1.56-billion to Eskom, the latest international company to return money after being ensnared in corruption probes in the country.
Renewable energy procured from private generators contributed more than a quarter of the peak-time electricity South Africans consumed during the first half of 2020.
The Public Investment Corp is willing to help Eskom resolve its debt crisis, finance minister Tito Mboweni said at the Bloomberg Capital Markets Focus virtual event.
The ANC has proposed using state-run unemployment and compensation fund surpluses to help rescue Eskom, raising the ire of labour unions.
Sales of hybrid and electric cars are growing much more slowly in South Africa than in the rest of the world. There are many reasons for this.
Debt-ridden Eskom may eliminate carbon emissions at its power plants only by 2050, according to a government taskforce.
A drive to shift South Africa’s electricity production to renewable energy is threatening as many as 120 000 jobs at coal mines and power plants that use the fuel, a research consultancy said.
Eskom on Friday said it made a net loss of R20.5-billion in its financial year ending in March 2020, down slightly from R20.9-billion the previous year.
South Africa’s biggest cities are preparing to source their own power after the energy ministry this month approved letting them wean themselves off the state utility.