Tag Archive for: Electricity

Mineral Resources and Energy Minister Gwede Mantashe has appointed Advocate Nomalanga Petronella Sithole as CEO and full-time regulator member of the National Energy Regulator of South Africa (Nersa). Sithole’s appointment is for a five-year period, effective from August 25.

The National Executive Committee (NEC) of the African National Congress (ANC) has given its backing to the just energy transaction being pursued by State-owned electricity producer Eskom. In closing remarks following the NEC’s September lekgotla, ANC president Cyril Ramaphosa said that the lekgotla welcomed the detailed planning Eskom had done for a just energy transaction at one power station, which “would ensure that workers and community wellbeing was assured and advanced in this process”.

Renewable energy company Scatec Solar has signed a two-year lease agreement with Engie to provide a mobile plug-and-play solar photovoltaic (PV) plant at its hydrogen production plant at Anglo American Platinum’s Mokalakwena mine, in Limpopo.

Scatec launched its Release by Scatec service in September 2019 – a service through which it offers industrial players in emerging markets access to flexible, reliable and low-cost power.

ACWA Power, one of Saudi Arabia’s main vehicles for building renewable energy projects, said meetings with potential investors ahead of an initial public offering have gone “very well.” The company, half-owned by the kingdom’s sovereign wealth fund, is pushing ahead with an IPO it’s been discussing for years, CEO Paddy Padmanathan said in an interview with Bloomberg TV. Over the next five years, the company will double the amount of power it generates, mostly from renewable sources amid a global shift away from burning fossil fuels, he said.

President Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or more customers without a licence, as a “defining moment in energy generation in our country”. Responding to a Parliamentary question on the progress being made on government’s Economic Reconstruction and Recovery Plan (ERRP), the President said that the reform, which was implemented in August, had been “widely welcomed, not only in our country, but also globally”.