G20 energy work group set to meet amid divergence over just energy transition

The G20 Energy Transition Work Group will have its inaugural meeting this week to discuss the energy priorities that South Africa is seeking to place on the international agenda during its G20 presidency. Electricity and Energy Minister Dr Kgosientsho Ramokgopa has confirmed that the meeting will take place virtually on February 27 and 28 and will be attended by senior officials from all G20 countries, including a senior official from the US Department of Energy.
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Capetonians reach R55m earnings mark in Cash for Power programme

Cape Town businesses and households have broken through the R55-million earnings mark since the start of the city’s Cash for Power programme in 2022/23, until January 31 this year. Cape Town is the first metro to buy excess solar PV power from small-scale generators, with more than 1 840 small-scale power sellers now participating.
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Futuregrowth agrees to R300m funding for Decentral Energy’s projects

South African energy solutions provider Decentral Energy has secured a R300-million funding commitment from specialist investment company Futuregrowth Asset Management.‍ The funding will enable Decentral Energy to accelerate the expansion of its integrated energy asset portfolio and to continue delivering sustainable energy to customers in the retail, tourism, agriculture, residential and commercial and industrial (C&I) sectors across the country.‍
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Loadshedding downgraded to Stage 2

Power utility Eskom downgraded loadshedding to Stage 2 from 05:00 on Tuesday, from Stage 4 on Monday. This followed the successful recovery of eight out of ten generation units and the restoration of 3 808 MW from units that tripped over the weekend.
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