Eskom Holdings SOC Ltd
South Africa's Eskom Program $7.2 B Investment in Wind & Solar
South African power utility Eskom Holdings SOC Ltd. is preparing to spend 106 billion rand, or $7.2 billion, in wind as well as solar energy by the end of the decade.
Eskom, which makes up two-fifths of the nation's greenhouse gas outcome, may execute its strategy either individually or through a collaboration.
Aug 31, 2021 // Markets & Finance News, Africa, South Africa, Gwede Mantashe, Eskom Holdings SOC Ltd, Cyril Ramaphosa, Andre de Ruyter
Is Eskom turning to solar?
The South African utility has issued a 20-strong tender for 50 kW solar inverters and mounting structures, to be used in four power plants. Although it is unclear whether the tender marks the energy company’s first step into solar energy, the procurement follows the recent publication of South Africa’s Integrated Resource Plan. Eskom is reportedly developing a renewables-linked large scale storage project which may explain the need for inverters.
Oct 28, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Inverters, tender, Africa, Chris Ahlfeldt, Eskom Holdings SOC Ltd, K.W. Miller
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