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World Bank’s Malpass visits Komati power station after approving JET loan
7th November 2022 By: Donna Slater

Public Enterprises Minister Pravin Gordhan welcomed World Bank president David Malpass to State power utility Eskom’s Komati power station following the bank’s approval of a R9-billion... 


Only the Scatec projects, pictured, signed under the RMIPPPP on June 2, have reached financial close and have entered into construction
DMRE confirms yet another extension for delayed IPP projects
7th November 2022 By: Terence Creamer

The Department of Mineral Resources and Energy (DMRE) has confirmed that the deadline for outstanding projects named as preferred bids under both the risk mitigation and bid window five (BW5) of... 


Mallinson’s model of what he sees as a realistic output from the Eskom coal fleet in the coming years
Accelerating replacement generation rather than 75% EAF should be main Eskom performance measure
7th November 2022 By: Terence Creamer

Setting a recovery in Eskom’s energy availability factor (EAF) to 75% as a key performance indicator (KPI) for the board and the executive is not only open to manipulation but is also the wrong... 


President Cyril Ramaphosa
$8.5bn ‘catalytic’ but insufficient to deliver $99bn Just Energy Transition Investment Plan
5th November 2022 By: Terence Creamer

President Cyril Ramaphosa says the $8.5-billion (R128-billion) in concessional climate financing on offer from various developed countries to South Africa will play a “catalytic” role in supporting... 


Photo of Terence Creamer
Repowering and repurposing Komati
4th November 2022 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the $497-million loan extended to South Africa for the repowering and repurposing of the Komati power station; the main elements of the repowering... 


The last Komati unit was shut at midday on October 31
$497m just transition loan for Komati repowering approved by World Bank
4th November 2022 By: Terence Creamer

South Africa’s request for a $497-million (about R9-billion) to decommission and repower the Komati coal-fired power plant using renewables and batteries has been approved by the World Bank Group... 


An image depicting a man, Jaco du Plooy, wearing a suit
Systems assist with loadshedding woes
4th November 2022 By: Sabrina Jardim

The current energy crisis sweeping South Africa has increased the need for reserve power, whereby complete management systems can help manage different energy sources, says power management company... 


Moody’s boosts Eskom’s ratings outlook to positive after budget
1st November 2022 By: Bloomberg

Moody’s Investors Service improved its outlook on Eskom Holdings’s debt ratings to positive after South African Finance Minister Enoch Godongwana announced last week the government could take over... 


A solar panel in front of the Komati coal station, the last unit of which was shut on October 31
Shutting of last Komati unit signals start of Eskom’s just energy transition journey
31st October 2022 By: Terence Creamer

Eskom has announced that the final unit at the Komati power station in Mpumalanga was shut at midday October 31, officially signalling the end of the station’s operating life as a coal-fired... 


SUSTAINABLE SHOPPING
Completed in January last year, the 1 219 kWp grid-tied solar PV parkade solution with generator integration at the Eastgate Shopping Mall will yield a significant electricity saving
Loadshedding impacting on embedded generation uptake
28th October 2022 By: Tracy Hancock

While loadshedding is driving the uptake of embedded electricity solutions, it is also deemed obstructive by renewable-energy solutions company Solareff, owing to the financial implications for... 


POWERING CHANGE
As of August this year, the City of Cape Town had 85.8 MVA of approved, commissioned grid-tied small-scale embedded generation
CoCT ahead in SSEG capacity locally
28th October 2022 By: Tracy Hancock

While the City of Cape Town’s (CoCT’s) small-scale embedded generation (SSEG) capacity is ahead of the curve compared with other local municipalities, there is still a lot of work to be done, says... 


Eskom Transmission MD Segomoco Scheppers
Eskom’s new grid plan says 53 GW of new generation must be connected by 2032
27th October 2022 By: Terence Creamer

Eskom’s latest Transmission Development Plan (TDP2022) includes assumptions that deviate materially from those contained in the outdated Integrated Resource Plan of 2019 (IRP2019) and points to the... 


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... 


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