Diversified mining company Anglo American, in partnership with EDF Renewables, on Tuesday announces an agreement to form a new jointly owned company, Envusa Energy, to develop a regional renewable energy ecosystem in South Africa. The energy ecosystem is also expected to catalyse economic activity in South Africa’s renewable energy sector, supporting the country’s broader just energy transition. It follows the two companies signing a memorandum of understanding in March to explore the ecosystem’s development, designed to meet Anglo American’s operational power requirements in South Africa and support the resilience of the local electricity supply systems and the wider decarbonisation of energy in the country.
