south africa

The impasse between South African utility Eskom and the renewable energy IPPs “has been broken”, according to energy minister Tina Joemat-Pettersson.

South African utility Eskom is defying the injunction of president Jacob Zuma by attempting to negotiate tariffs with preferred bidders as opposed to signing existing PPAs outright, according to the South African Renewable Energy Council (SAREC).

Eskom is conditionally committing to follow through with South African president Jacob Zuma’s announcement that the utility will indeed sign the remaining PPAs under the government’s renewable procurement programme (REIPPPP).

Jacob Zuma, the South African president, announced on Thursday that the country’s biggest utility Eskom will indeed sign the outstanding PPAs won in the fourth round of the successful Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

This week's Movers & Shakers segment features a company rebrand, a global expansion for India's Adani and good news for US solar, which has experienced 25% jobs growth year-on-year.

Investors from Solarcentury and Actis imparted wisdom on how to manage the risks and reap the benefits of African PV at Solar Media’s Solar Finance & Investment Europe event.

The battle between South Africa’s utility Eskom and renewable independent power producers (IPPs) continues with legal confirmation that IPPs can force Eskom’s hand to force it to sign the power purchase agreements (PPAs) under the government’s procurement programme.

Eskom may face legal action over its delay to fulfil power purchase agreements (PPAs) for renewable projects, the South African renewable Energy Council (SAREC) has said.

An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.

Some of the BRICS nations are witnessing a shortfall of billions of dollars in the renewables investment required to meet climate change mitigation policies, according to a report from the Institute of Energy Economics and Financial Analysis (IEEFA).