The City of Cape Town has issued an energy trader tender that targets the procurement of 500 MW through power purchase agreements (PPAs), spanning one to ten years, from a variety of power generation technologies, including solar. Interested parties have until May 13 to respond to this tender, aimed at diversifying the city’s energy mix and protecting it against Eskom’s loadshedding schedule and the utility’s rising electricity charges.
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Global renewable energy capacity increased by 15.5%, or 692 GW, year-on-year to 5 149 GW in 2025, intergovernmental organisation the International Renewable Energy Agency (IRENA) has revealed. Its ‘Renewable Capacity Statistics 2026’ report also shows that renewable energy dominated the total capacity expansion in 2025 at an 85.6% share, while non-renewables continued to account for a smaller share of additions.
Investment commitments by South African and international renewables investors featured prominently at the sixth South Africa Investment Conference, with combined pledges of more than R50-billion announced. In addition, green energy also featured strongly in an energy-related investment prospectus released by government at the event, where a new R2-trillion investment target was set for the period to 2030.
During the South Africa Investment Conference on March 31, Finance Minister Enoch Godongwana and Public Works and Infrastructure Minister Dean Macpherson spoke about how the government was supporting greater investment by private-sector players in the economy. Godongwana emphasised that a reliance on monopolies in an economy meant that, if there was a problem with a monopoly, the entire sector it served was challenged.
President Cyril Ramaphosa used the 2026 edition of the South Africa Investment Conference (SAIC) to highlight the new prospects being opened to domestic and foreign investors by the country’s ongoing economic reforms, which he described as “irreversible”. The sixth edition of the SAIC drew 1 200 delegates from 50 countries and is the first such gathering to be hosted since 2023, as well as the first since the formation of the multi-party Government of National Unity, which Ramaphosa leads.
The South African Nuclear Energy Corporation (Necsa) issued, on Tuesday, an expression of interest (EoI), to invite technology providers, organisations and consortia, with the appropriate qualifications and experience, to partner in a Small Modular (nuclear) Reactor (SMR) programme in South Africa. Such a partnership will develop, customise, demonstrate and deploy SMRs in the country, for a number of purposes. This initiative is aligned with Decision 4 of the national Integrated Resources Plan …
The Glencore Merafe Chrome Venture has agreed to again delay a retrenchment process under way at its ferrochrome smelters after Eskom formally requested an extension to conclude internal governance processes relating to a proposed 62c/kWh electricity tariff offer to the South African ferrochrome industry. In a statement, Glencore Merafe, which earlier sent a counter proposal to what it described as “unworkable” conditions linked to Eskom’s initial offer, welcomed the progress being made and said it remained confident that a balanced and workable solution could be reached.
Development finance institutions (DFIs) the Industrial Development Corporation (IDC) and the Development Bank of Southern Africa (DBSA) have formed a partnership to collaborate on the development, financing and implementation of energy security projects within special economic zones (SEZs). Energy security within SEZs contributes to greater competitiveness by ensuring that industries are able to thrive without disruption, as SEZs attract significant investments, contribute to creating employment opportunities and are key drivers of economic growth.
The National Transmission Company South Africa (NTCSA) has confirmed that the target date of April 1, 2026, for the launch of the South African Wholesale Electricity Market (SAWEM) will not be met, and has announced that the launch has been delayed to the third quarter of 2026. The delay is not unexpected, and followed an assessment undertaken with the National Energy Regulator of South Africa (Nersa) and industry participants, where it was concluded that additional work was required to ensure that all market, operational and regulatory requirements were fully in place ahead of the launch.
While State-owned Eskom on March 13 said it had achieved more than 300 consecutive days without needing to implement loadshedding, a milestone reflecting a real and hard-won recovery in generation performance, a new national dataset indicates that, while loadshedding has receded, the lived experience of unreliable power has not. The ‘Wetility 2025 Energy Resilience Report’, based on real-time telemetry from a national network of solar and battery systems, recorded 91 934 unique grid power outages across South Africa in 2025.
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