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Finance Minister Enoch Godongwana
Higher revenue collections support consolidation as growth headwinds strengthen
26th October 2022 By: Terence Creamer

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.... 


A photo taken at Eskom's Megawatt Park
Details of Eskom debt relief to be unveiled in Feb as loadshedding crimps growth outlook
26th October 2022 By: Terence Creamer

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... 


Eskom debt plan in focus at South Africa's mid-term budget
25th October 2022 By: Reuters

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... 


Rand takes big hit as investors worry about Godongwana speech, Beijing developments
25th October 2022 By: News24Wire

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... 


An image of DHL battery logistics development lead and EV team logistics business and commercial development VP Fabio Sacchi
DHL expands EV logistics centres to manage EV battery logistics
21st October 2022 By: Donna Slater

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... 


Photo of Terence Creamer
Cabinet endorses JET-P Investment Plan
21st October 2022

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... 


Eskom lenders hire PwC as power cuts grip South African utility
19th October 2022 By: Bloomberg

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,... 


A photo of Eskom's logo
EIUG, SAPVIA, Busa welcome appointment of new Eskom board with balanced skills
3rd October 2022 By: Schalk Burger

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... 


Sacci calls for independent commission to select, recruit SOE board members, CEOs
29th September 2022 By: Schalk Burger

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... 


Komati, which will shut entirely later this year and which has been designated as the flagship site for Eskom’s JET strategy
Firms in Steve Tshwete municipality ‘just want to get on with JET business’
29th September 2022 By: Terence Creamer

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... 


Eskom plans to power SA households with micro-grids made of upcycled shipping containers
29th September 2022 By: News24Wire

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 Shell snaps up African solar provider Daystar Power
28th September 2022 By: Reuters

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
Eskom board to be reconstituted, restructured
27th September 2022 By: Darren Parker

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.... 


An image of Rheinmetall's containerised mobile hydrogen pilot plant
Mobile green hydrogen platform launched by Rheinmetall
27th September 2022 By: Donna Slater

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... 


IEA launches Cost of Capital Observatory to improve borrowing costs transparency
23rd September 2022 By: Schalk Burger

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... 


The Komati power station is being decommissioned and repurposed
Eskom, partners to establish renewables training facility at Komati
23rd September 2022 By: Darren Parker

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... 


Green Energy Africa Summit selects ten green tech startups as finalists
21st September 2022 By: Schalk Burger

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... 


Eskom expects $476m World Bank loan decision by November
16th September 2022 By: Reuters

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... 


Photo of a person working on a laptop
Eskom invites experts to join skills crowdsourcing platform
16th September 2022 By: Schalk Burger

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... 


Ebitda, operating profit improvements illustrate Bushveld’s ‘strong’ interim results
13th September 2022 By: Nadine James

Aim-quoted integrated vanadium producer and energy storage solutions provider Bushveld Minerals on September 13 reported significant improvements in revenue, earnings before interest, taxes... 


IDC CEO TP Nchocho
R14bn green economy pipeline seen as key to IDC’s ramp-up after investment slump
12th September 2022 By: Terence Creamer

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... 


Eskom restarts sale process for R9bn home-loan book
9th September 2022 By: Bloomberg

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”... 


Rich nations to fund 80% of South Africa's climate plan with loans, some hard to unlock
1st September 2022 By: Reuters

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... 


An Eskom power station
Eskom warns of summer load-shedding as it confirms 91 days of cuts for year to date
31st August 2022 By: Terence Creamer

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... 


Impower to supply Capitec with battery backup system
31st August 2022 By: Tasneem Bulbulia

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... 


BULK UP STORAGE
As part of its plan to end load-shedding, South Africa should invest in another pumped-storage scheme system, such as Ingula, as part of its effort to avoid future energy storage challenges
Eskom losing skills to overseas utilities
26th August 2022 By: Tracy Hancock

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... 


The Peco Powerbrick
Wits-developed minigrid solution set for retail debut
25th August 2022 By: Terence Creamer

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... 


Photo of Terence Creamer
Coal miners starting to take energy-transition steps
19th August 2022 By: Creamer Media Reporter

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... 


A photo of the Paarl Mall
Growthpoint invests R50m in solar-charged battery system for the Paarl Mall
16th August 2022 By: Schalk Burger

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... 


Private sector assistance in public sector issues requires clear, concise objectives – BLSA
15th August 2022 By: Donna Slater

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... 


A photo of solar photovoltaic panels
Utilities that can provide services will thrive in a disrupted energy sector
11th August 2022 By: Schalk Burger

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... 


WindAc Africa to showcase research that focuses on latest developments in wind energy sector
10th August 2022 By: Donna Slater

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... 


USTDA director Enoh Ebon
USTDA expects to support project preparation for South Africa’s just energy transition
10th August 2022 By: Terence Creamer

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
Electricity reforms to spur ‘boom in private fixed investment’
5th August 2022 By: Terence Creamer

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... 


Terence Creamer photo
Ministers provide some clarity on elements of the new energy strategy
5th August 2022 By: Creamer Media Reporter

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... 


Batteries being tested by Eskom
Eskom confirms R4.4bn battery contracts as it moots bigger roll-out
29th July 2022 By: Terence Creamer

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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