South African independent power producer Mulilo has successfully reached financial close on the Hartebeesfontein battery energy storage system (BESS) project, a 77 MW/308 MWh facility located near Klerksdorp, in the North West. This is Mulilo’s second renewable-energy project to be executed within the Matlosana local municipality, which is strategically located near State-owned Eskom’s Hermes main transmission substation.
Electricity and Energy Minister Dr Kgosientsho Ramokgopa has indicated that he intends approaching Cabinet in the coming weeks to seek approval to extend concessional electricity tariffs similar to those that have already been approved for two ferrochrome producers to other electricity-intensive industries. In addition, he told delegates to a Steel and Engineering Industries Federation of Southern Africa (Seifsa) conference on June 11 that lower tariffs could also be made available to less electricity-intensive sectors such as steel; a sector which he described as strategic and where electricity costs had been flagged as one of the reasons for recent production closures.
INDUSTRY NEWS
- South Africa facing major mismatch between renewable energy, grid managementJune 15, 2026 - 1:07 pm
- SAPVIA calls for fair access to limited grid as new renewable utility Eskom Green powers upJune 15, 2026 - 11:27 am
- Mulilo makes further inroads with Hartebeesfontein BESS financial closeJune 11, 2026 - 6:17 pm
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