As part of an investigation into the awarding of contracts to independent renewable power producers. South Africa’s graft ombudsman will hold a week of hearings as part of an investigation into the awarding of contracts to independent renewable power producers. The probe was established in 2019 after a complaint by a non-governmental organization that alleged […]
South Africa selects 25 bidders for renewable energy projects – EQ Mag Pro
Bid round part of plan to add generation capacity, cut outages South Africa has had a record number of power cuts this year South Africa picked 25 wind- and solar-power projects to be built by private developers, part of a plan to reduce the nation’s reliance on coal for electricity and end rolling blackouts that […]
Mainstream Renewable Power and Partners Awarded 1.27 GW of New Wind and Solar Projects in South Africa – EQ Mag Pro
Mainstream Renewable Power (“Mainstream”), the global wind and solar company majority-owned by Aker Horizons, announces today that twelve of its projects have won preferred bidder status in Round 5 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The wind and solar projects have a total capacity of 1.27 GW and represent half […]
South Africa Picks Bids for $3 Billion of Renewable Projects – EQ Mag Pro
South Africa picked 25 wind- and solar-power projects to be built by private developers, part of a plan to reduce the nation’s reliance on coal for electricity and end rolling blackouts that are curbing economic growth. The bidders will add 2,583 megawatts of capacity to the grid using clean-energy technologies, Mineral Resources and Energy Minister […]
South Africa seeks over $27 bln of finance for shift from coal
JOHANNESBURG : South Africa is seeking cheap finance for more than 400 billion rand ($27.6 billion) of electricity infrastructure as part of its plans to move away from heavily polluting coal, a senior presidency official said on Thursday. Through a funding facility backed by rich nations and development finance institutions, South Africa hopes to build […]
EQ Webinar on South Africa Rooftop/Distributed Solar Market- Opportunities & Challenges Powered by LONGI on 20th October 2021 (Wednesday) 2:30 PM IST Onwards…. Register Now !!!
Warm Greetings from EQ We are happy to present South Africa Rooftop/Distributed Solar Market- Opportunities & Challenges Webinar. When : 20th October 2021 (Wednesday) From 2:30 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation email containing information about joining the meeting. Confirm […]
South Africa Miners Back Gradual Move Away From Coal-Fired Power – EQ Mag Pro
South Africa’s mining industry has given its backing to moving the continent’s most developed economy away from coal but said it must be done gradually and responsibly. In a presentation to the country’s Presidential Climate Change Coordinating Commission late last week the main body representing the industry said that 60% of the country’s $302 billion […]
STATEMENT: South Africa’s Climate Commitment Much More Ambitious Than Before – EQ Mag Pro
WASHINGTON : Today South Africa released its latest national climate commitment under the Paris Agreement. The country intends to limit GHG emissions to 398-510 MtCO2e by 2025, and to 350-420 MtCO2e by 2030, significantly lower than targets communicated in 2016. These new targets will also see South Africa’s emissions decline in absolute terms from 2025, […]
South Africa’s Green Energy Push Hinges on $28 Billion Debt Fix – EQ Mag Pro
The head of South Africa’s state power utility needs to substantially reduce its 402 billion rand ($28 billion) of debt to realize his vision of transforming the coal-addicted behemoth into a leading green-energy producer and create as many as 300,000 jobs in the process. Eskom Holdings SOC Ltd. supplies more than 90% of the nation’s […]
Eskom Considers $7.2 Billion in Wind and Solar Investment by 2030 – EQ Mag Pro
Eskom Holdings SOC Ltd., which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending 106 billion rand ($7.2 billion) on wind and solar energy by 2030. The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of the utility’s ambition to move […]