Redefine Properties has signed a 20-year agreement with NOA to supply 37 GWh of renewable energy annually to 11 Eskom-connected sites, reducing CO₂ emissions by over 39,000 tonnes per year. This deal supports Redefine’s decarbonisation strategy, cuts costs, and boosts renewable energy use across its property portfolio.
Eskom recently received approval from Nersa for a reduced tariff increase of 12.74%, effective 1 April 2025. While this is lower than the initially proposed hike, it still adds financial pressure on South African consumers and businesses – especially as load shedding remains a persistent challenge. As a result, more people are turning to solar power.
Etana Energy, a South African energy trading company, has secured an R1.8 billion guarantee facility from GuarantCo and British International Investment (BII), each providing US$50 million in default guarantee finance.
Data centres' critical role in the digital economy cannot be overstated. With data growing exponentially and the increasing demand for cloud services, data centre energy consumption has become a significant concern.
Cape Town Mayor Geordin Hill-Lewis, and Energy Mayco Member, Alderman Xanthea Limberg, have turned the sod at the City’s 7MW – 10 MW Atlantis solar photovoltaic (PV) plant. Cape Town is the first metro in South Africa to start construction on its own solar PV plant as the City moves to diversify energy resources and become a future fit.
Leading consulting engineering and infrastructure advisory practice Zutari has completed the mechanical, electrical, and plumbing upgrade for the 6 MW capacity expansion at the Cape Town 1 (CPT1) facility of Africa Data Centres.
The commercial rooftop solar photovoltaic (PV) market is growing rapidly in South Africa, with solar systems providing an ideal solution for commercial landlords looking to reduce electricity costs, go green and offer tenants a more sustainable offering.
At a media briefing on 20 September 2024 addressed by Energy and Electricity Minister Kgosientsho Ramokgopa, Eskom CEO Dan Marokane and Sasol CEO Simon Baloyi, a memorandum of understanding (MoU) was announced between Sasol and Eskom in new efforts to address a looming “gas cliff” in South Africa.
The loan from the African Development Fund, the Bank Group’s concessional financing window, includes funding from the Transition Support Facility