Eskom says standalone renewables unit could seek to tap market appetite for green electricity

Eskom group executive for strategy and sustainability Nontokoza Hadebe says the decision to establish a ‘GreenCo’ renewables business as a standalone subsidiary separated from Eskom Generation is to help facilitate partnerships, as well as to potentially tap the growing market appetite for green electricity. Speaking at Resources for Africa’s Coal & Energy Transition Day, Hadebe reiterated the State-owned utility’s aspiration to build 20 GW of renewable energy by 2035, 5 GW of which would arise from just energy transition-linked “repowering” initiatives at existing coal power station sites that are scheduled for decommissioning by 2030.