Eskom welcomes DAA endorsement to tackle R105bn municipal arrear debt

Eskom has welcomed Finance Minister Enoch Godongwana’s formal endorsement of the Distribution Agency Agreement (DAA) intervention for addressing municipal arrear debt, which had climbed to R105-billion as of the end of September. CEO Dan Marokane told the Parliamentary Portfolio Committee on Electricity and Energy that the DAA was but an interim solution to halting the steep climb in outstanding payments and would have to be followed up by a “fundamental restructuring” of the distribution sector to make it viable.
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Storage specialist Sungrow launches new commercial, industrial BESS models

Chinese solar and storage solutions manufacturer Sungrow has launched new models of commercial and industrial (C&I) battery energy storage systems (BESS), which improve on their predecessor models, in the South African market. The new ST255 and ST510 systems are designed for larger alternating current (ac) and direct current (dc) C&I applications with grid-forming technology that can ensure stable and secure power supply.
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Globeleq appoints construction MD

Independent African power company Globeleq has appointed Stefan van Niekerk as its new MD of construction, effective November 1. With more than two decades of experience in the African power sector, he is said to bring a wealth of expertise in renewable energy development, construction and operations to his new role.
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Nersa initiates first municipal tariff review following adverse court ruling

The National Energy Regulator of South Africa (Nersa) has initiated the review process for municipal tariff applications for the 2026/27 financial year, which begins on July 1 2026, setting a submission deadline of December 12 for licensed municipalities and private electricity distributors. Nersa said public consultation processes would be undertaken in November and December to meet the March 15, 2026 deadline for approving municipal tariffs as required by the Municipal Finance Management Act.
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PowerChina targets Africa for renewables-focused growth

China’s state-owned Power Construction Corp (PowerChina) is aiming for significant growth in Africa, focusing on renewable energy projects as part of its overseas expansion strategy, a company executive said. Chinese lending to African governments has fallen sharply from a 2016 peak of about $28-billion a year as Beijing grows more cautious about debt risk, but state-backed companies such as PowerChina are still pushing ahead with new projects, increasingly in renewable energy rather than coal.
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