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Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget....
Finance Minister Enoch Godongwana has confirmed that government will take over between one-third and two-thirds of Eskom’s R400-billion debt, as intense loadshedding, which government expects to...
South Africa's finance minister is expected to announce a plan to take on part of power utility Eskom's mammoth debt in a mid-term budget on Wednesday, although analysts say the legally complex...
On Tuesday morning, the rand approached R18.50/$ - trading at levels last seen in early 2020 as the country digested the implications of the first hard Covid-19 lockdown. The currency is under...
Logistics company DHL is expanding and refining its development of an end-to-end electric vehicle (EV) battery logistics supply chain solution to bridge the gap between moving EV battery materials...
Engineering News Editor Terence Creamer discusses the latest developments with regard to South Africa's Just Energy Transition Partnership Investment Plan; Cabinet's endorsement of the plan; and...
Lenders to Eskom Holdings have hired financial advisers as South Africa’s State-owned power utility restructures its business. The banks asked consultants at PwC to assist them with negotiations,...
Industry nonprofit the Energy Intensive Users Group (EIUG) welcomes the "overdue reconstitution of the Eskom board" and says "the new board seems complete and well balanced in terms of its skills...
Business organisation the South African Chamber of Commerce and Industry (Sacci) says changes to power utility Eskom's board of directors should take place within normal rotation principles in line...
The business community in the Steve Tshwete local municipality of Mpumalanga, which encompasses Middelburg, have been urged to align their product and service offerings to the opportunities being...
With nearly a third of the country not yet electrified, Eskom believes its containerised micro-grids - made of repurposed shipping containers - are an innovative way to solve for energy access,...
Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday. Shell is one of the most influential...
Public Enterprises Minister Pravin Gordhan has announced that, following the finalisation of an extensive review, the board of State-owned Eskom would soon be reconstituted and restructured....
Integrated technology company Rheinmetall launched its newly designed and pilot-phase mobile green hydrogen production and storage platform at the Africa Aerospace and Defence Expo on September...
Intergovernmental organisation the International Energy Agency (IEA) and several partners have launched a new tool, the Cost of Capital Observatory, to track financing costs for energy projects...
State-owned Eskom, the South African Renewable Energy Technology Centre (Saretec) – based at the Cape Peninsula University of Technology (CPUT) – and the Global Energy Alliance for People and...
The Green Energy Africa Summit (GEAS) has announced ten green technology startup companies as finalists that will have the opportunity to present to potential investors at a pitching event in...
South African power utility Eskom expects a final decision on a new $476 million World Bank loan to repurpose its Komati coal-fired power plant into a renewable station before November's COP27...
State-owned power utility Eskom is developing a crowdsourcing digital platform to allow it to supplement its existing skills base to help address its operational challenges. It has invited...
Aim-quoted integrated vanadium producer and energy storage solutions provider Bushveld Minerals on September 13 reported significant improvements in revenue, earnings before interest, taxes...
The Industrial Development Corporation (IDC) believes its R14-billion green-economy project pipeline could provide the platform for a strong recovery in investment funding, following a sharp drop...
South Africa’s indebted power utility Eskom Holdings restarted the sale of its mortgage unit, one of many measures the utility is taking to stabilise its finances. Eskom “commenced with a process”...
About 80% of the-billions of dollars pledged by rich nations for South Africa's shift away from coal will be loans, not grants, and some may be hard to unlock due to national rules protecting...
Electricity utility Eskom told lawmakers on Wednesday that the risk of load-shedding remained high for the upcoming summer season, while confirming that there had already been 91 days of...
Financial services provider Capitec has commissioned solar installation company Impower to design, install and maintain an electricity solution that integrates both solar and a battery backup...
The continued flight of highly skilled and experienced technical staff from State-owned power utility Eskom to the local private sector and overseas power utilities is concerning, but also...
A homegrown expandable minigrid solution that researchers at the University of the Witwatersrand (Wits) have been developing, testing and refining for several years has now been fully...
Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about plans by South African coal miners Seriti Resources, Exxaro Resources and Thungela Resources in the...
JSE-listed real estate investment trust Growthpoint Properties is piloting a 4.5 MW battery system at Paarl Mall, in the Western Cape, for continuous, cost-efficient power supply, which will be...
Business Leadership South Africa (BLSA) CEO Busi Mavuso says clear and concise requests by the public sector or government go a long way in helping the private sector plan and implement initiatives...
Municipal utilities and distributors will have to "provide more than one product" and will have to develop new services and business models to effectively serve the market, such as by reselling and...
The South African Wind Energy Association (SAWEA) is inviting renewable energy researchers to showcase the latest developments in wind power at its yearly wind energy academic conference WindAc...
US Trade and Development Agency (USTDA) believes it is well positioned to feed projects into the Just Energy Transition Partnership (JETP), which was established between South Africa and several...
Minister in the Presidency Mondli Gungubele says the reforms under way in the electricity sector – including the removal of the 100 MW licensing threshold for distributed generation projects and...
Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the clarity that has been provided about what will be prioritised at Eskom as part of government's new energy...
State-owned electricity utility Eskom has confirmed the award of contracts, with a combined value of R4.4-billion, to Hyosung Heavy Industries, of South Korea, and the Pinggao Group, of China, for...
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