DBSA, IDC and NEF team up to mobilise finance for just transition to low-carbon economy

The CEOs of three leading South African development finance institutions (DFIs) have established a collaborative platform, known as the DFI CEOs Forum, that aims to support the financing of the country’s just transition to a low-carbon economy and climate resilient society by 2050. Led by Development Bank of Southern Africa CEO Patrick Dlamini, Industrial Development Corporation CEO TP Nchocho and National Empowerment Fund CEO Philisiwe Mthethwa, the forum will seek to locate, define and execute just transition financing.
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Study shows potential of off-grid anaerobic biogas energy in South Africa – SANEDI

A study, commissioned by the South African National Energy Development Institute (SANEDI), has uncovered the untapped potential for a micro-digester sector to aid in climate mitigation and the green circular economy, and showed that the sector has significant opportunity to grow if it can strengthen partnerships within the sector and with stakeholders in allied sectors. South Africa’s uptake of this technology is low compared with other African countries. South Africa’s total number of small-scale biogas digesters installed is estimated to be only 350 compared with 14 000 in Kenya, 11 000 in Uganda and 10 000 in Ethiopia, the study finds.
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DA wants State of Disaster declared on Eskom

Democratic Alliance (DA) Shadow Minister of Public Enterprises Ghaleb Cachalia on Thursday called for a State of Disaster to be declared on power utility Eskom following a heavy run of load-shedding this year. The DA has also written to Presidency Director-General Phindile Baleni requesting a State of Disaster on Eskom and asking for the electricity sector to be placed on the agenda of the next Cabinet meeting.
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Eskom says power cuts to resume on Thursday

Power utility Eskom will again implement rotational power cuts from 117:00 to 22:00 on Thursday, as it struggles with breakdowns at its generating units. Eskom said in a statement the outages will be under Stage 2, which requires up to 2 000 MW to be cut from the national grid.
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Eskom sets August 2024 target date for return of damaged Medupi 4

Electricity utility Eskom has set a target date of August 2024 for the return to service of Medupi Unit 4, the generator of which was “catastrophically” damaged during an explosion on August 8, 2021. Acting generation MD Rhulani Mathebula, who has stepped into the role following the resignation of Phillip Dukashe, says assurance and forensic investigations have been completed and that management expects to institute consequence management against those involved by the end of May.
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