Germany, France in climate deal loan talks with South Africa

Germany and France are in talks with South Africa’s National Treasury over about €600-million to help it transition away from the use of coal. The loans may form the first part of $8.5 billion in financing offered to the country during last November’s global climate summit. The money will go some way toward addressing the funding needs of the beleaguered national power utility, Eskom Holdings, as it prepares to close down some of its coal-fired plants and re-purpose them for the production of green energy.
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Salga to assist municipalities with energy infrastructure challenge

The South African Local Government Association (Salga) says it is taking decisive action to close the electricity gap and help municipalities take advantage of the policy shift in energy generation, with regulations having changed to allow municipalities to procure power independently to ensure energy security of supply. Several municipalities are already in the process of procuring power independently.
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R20bn Koeberg life-extension cost estimate of 2010 now ‘significantly different’

Eskom has confirmed that the change to the schedule for replacing the six steam generators at the Koeberg nuclear power station, will have an impact on the cost of the life-extension project, which was originally estimated at R20-billion. This confirmation was provided during a joint meeting of the portfolio committees on mineral resources and energy and on public enterprises, convened to deliberate on a complaint made by the National Union of Mineworkers (NUM) regarding what the union claims to have been the unfair suspension of three senior Koeberg employees.
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Eskom board to be reconstituted, restructured

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. Gordhan has met with members of the Eskom board whose term expired in 2021 and was extended subject to a review and has said that they will be informed of the outcome of the process in due course.
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Mobile green hydrogen platform launched by Rheinmetall

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 21.

The turnkey and modular solution offered by Rheinmetall group subsidiary Rheinmetall Denel Munition (RDM) in South Africa provides electricity for stationary and mobile infrastructure in civil and industrial settings, as well as for expedition and outdoor applications.

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