Summit underscores importance of just energy transition, C&I industry

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is implemented in a just manner at the pace that is required, and the steps and strategies this would entail. This was highlighted by Seriti Resources Group CEO Mike Teke, delivering the keynote address during the first day of the C&I Solar+Storage Summit, being held this week in Sandton.
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NOA Group to supply Old Mutual Real Estate portfolio with wheeled renewable power

Property fund Old Mutual Real Estate Holding Company (OMREHC) has entered into an energy supply agreement with commercial and industrial renewable energy company NOA Group Trading to provide electricity for its property portfolio. The wheeling transaction will deliver more than 90% renewable energy penetration, thereby enhancing OMREHC’s renewable energy strategy, which is aimed at decarbonising and reducing energy costs through this bespoke offering of blended solar PV and wind energy.
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Two more battery projects achieve financial close, next set of bidders to be announced within weeks

Two more battery storage projects selected as preferred bids under South Africa’s first public procurement bid window (BW1) for the technology have achieved commercial close. The projects have a combined investment value of R4.7-billion and increase to 360 MW/1 440 MWh the amount of utility-scale storage capacity to have reached the milestone after two other projects reached financial close in mid-October.
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Eskom once again urges prepaid metered customers to recode their meters before Nov 24

State-owned power utility Eskom is once again urging all prepaid electricity customers to update their meters immediately to avoid an unexpected loss of electricity after the deadline of November 24. It is critical that all customers, including those who have not bought electricity in the past six months or more, to buy electricity tokens from authorised vendors by November 24 to prevent the meter from becoming inoperable, losing power and incurring replacement costs, says Eskom Distribution group executive Monde Bala.
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Zambia, Zimbabwe face wake-up call after Kariba dam water levels plunge, Minister says

A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a top official. “The over-dependence on hydropower has exposed the vulnerability of the energy mix,” Zambia’s Energy Minister Makozo Chikote said. “This has been a wake-up call that has taught us to start thinking of alternative sources,” he said at an energy summit Monday held in the resort city of Victoria Falls.
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