The announcement came a year after Xi surprised world leaders by pledging to make China carbon-neutral by 2060 after reaching peak emissions by the end of the decade. He has come under pressure to back up that promise with concrete short-term goals ahead of global climate talks, known as COP26, to be held in Glasgow, Scotland, in November.
The decision was taken at a special meeting of the energy regulator on Tuesday afternoon. The regulator approved generation licences for Karpowership at Saldanha Bay, Coega and Richards Bay.
Officials at three of the seven preferred bidders selected to provide power by August 2022 said the lenders are refusing to sign off on the projects until the court case is complete. They asked not to be identified because the talks are confidential.
Of interest to Sasol is research in hydrogen production, renewable energy, energy storage and carbon dioxide conversion to chemical and fuels – all key areas critical to enabling its environmental and business sustainability goals.
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