Global crane rental, heavy lift and engineered transport group Sarens has highlighted the capabilities of its training centre in Cape Town, the Sarens Academy South Africa, particularly its focus on developing the skills required by the country’s, and the region’s, growing wind power sector. The wind power training and skills development courses provided by the academy are aligned with the standards of the Global Wind Organisation (GWO). “The wind industry in South Africa will generate between …
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State-owned utility Eskom has confirmed the successful resolution of a long-standing commercial dispute that began in 2022, with the Stefanutti Stocks Basil Read (SSBR) joint venture (JV) relating to the buildings contract at the Kusile power station, in Mpumalanga. The resolution follows the completion of the formal Dispute Adjudication Board (DAB) process for Claim 5, which is a standard mechanism used on large infrastructure projects to resolve complex contractual claims.
Japan is in talks with South Africa over potentially helping the country finance the reorganisation of its energy sector. The funding, if implemented, would add to the as much as $150-million lent to the state-owned Development Bank of Southern Africa by Japanese institutions late last year for the funding of renewable energy projects.
State-owned utility Eskom has welcomed S&P Global Ratings’ decision to upgrade the company’s foreign and local currency long-term credit ratings from B to B+, with a stable outlook. The upgrade also applies to Eskom’s senior secured and unsecured debt, while government-guaranteed foreign currency debt was raised from BB- to BB+. Eskom’s national scale rating improved from zaBBB+/zaA-2 to zaAV/zaA-1.
Brazil’s COP30 presidency pushed through a compromise climate deal on Saturday that would boost finance for poor nations coping with global warming but that omitted any mention of the fossil fuels driving it. In securing the accord, Brazil hoped to demonstrate global unity in addressing climate change impacts even after the world’s biggest historic emitter, the United States, declined to send an official delegation.
Eskom has identified 14 municipalities for the implementation of five-year Distribution Agency Agreements (DAAs), a controversial mechanism for dealing with arrear debt owed to the utility that now has Cabinet approval. Acting group executive for distribution Agnes Mlambo confirmed in a briefing to lawmakers that the arrear debt owed to Eskom currently stood at R105-billion, with the 14 municipalities representing 58% of this outstanding debt.
Engineering News editor Terence Creamer discusses the growing problem of municipal arrear debt owed to Eskom; the support Eskom has received for its Distribution Agency Agreement (DAA) mechanism to tackle this problem; and what is likely to happen next.
Unlocking Africa’s resources potential requires infrastructure development and this should be pursued collaboratively, Electricity and Energy Minister Dr Kgosientsho Ramokgopa said on the second day of the Business 20 (B20) Summit, in Sandton, on November 19. The B20 South Africa 2025 Summit is being held for the first time in Africa, as part of South Africa’s G20 presidency.
Eskom has welcomed Finance Minister Enoch Godongwana’s formal endorsement of the Distribution Agency Agreement (DAA) intervention for addressing municipal arrear debt, which had climbed to R105-billion as of the end of September. CEO Dan Marokane told the Parliamentary Portfolio Committee on Electricity and Energy that the DAA was but an interim solution to halting the steep climb in outstanding payments and would have to be followed up by a “fundamental restructuring” of the distribution sector to make it viable.
Chinese solar and storage solutions manufacturer Sungrow has launched new models of commercial and industrial (C&I) battery energy storage systems (BESS), which improve on their predecessor models, in the South African market. The new ST255 and ST510 systems are designed for larger alternating current (ac) and direct current (dc) C&I applications with grid-forming technology that can ensure stable and secure power supply.
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