Steel producer ArcelorMittal South Africa (AMSA), which reported a loss of R2.6-billion for the interim period to June 30, warned on Thursday that it expected steel demand to remain subdued for the foreseeable future and indicated that it was pushing a…
AMSA implements large-scale, but ‘flexible’, labour reorganisation as Covid-19 bites Read More »
In a scathing judgment made on July 28, the court has declared as illegal the National Energy Regulator of South Africa’s (Nersa’s) decision to deduct a R69-billion equity injection into Eskom from its allowable revenue for the period 2019/20 to 2021/2…
Environment, Forestry and Fisheries Minister Barbara Creecy has made a direct link between government’s proposed designation of Renewable Energy Development Zones (REDZs) in the coal and gold mining towns of Emalahleni and Klerksdorp respectively, and …
Renewables zones in Emalahleni and Klerksdorp part of just-transition vision – Creecy Read More »
Bid documentation for the procurement of 2 000 MW of “emergency” power to address an immediate supply shortfall that is making South Africa vulnerable to ongoing load-shedding will be released to the market by the end of July or early August at the lat…
Bid documentation for 2 000 MW of emergency power by ‘end July, early August’ Read More »
African Development Bank (AfDB) is the latest financial institution to confirm funding for the $20-billion Mozambique Liquefied Natural Gas (LNG) project, which is being developed by a Total-led consortium in northern Mozambique. In a statement, the de…
AfDB says $400m loan for LNG project in line with Moz country strategy Read More »
Environment, Forestry and Fisheries Minister Barbara Creecy has called for public comment on government’s intention to add three more Renewable Energy Development Zones (REDZs) to the eight that have already been proclaimed for the purpose. Renewable-e…
Creecy moves ahead with plan to declare coal and gold towns as renewables zones Read More »
South Africa’s State-owned Development Bank of Southern Africa (DBSA) has confirmed financing of $120-million for the $20-billion-plus liquefied natural gas (LNG) project being developed by a Total-led consortium in northern Mozambique. On July 17, Tot…
DBSA confirms financing of $120m for giant Mozambique LNG project Read More »
South African banking group Standard Bank confirmed on July 17 that it would contribute $485-million (over R8-billion) in debt finance to the $20-billion Mozambique Liquefied Natural Gas (LNG) project, being developed by a Total-led consortium in north…
Standard Bank signs $485m financing deal for mega Mozambique gas project Read More »
Mineral Resources and Energy Minister Gwede Mantashe met with renewable-energy stakeholders on Thursday in an effort to build trust, improve communication and reduce obstacles to the roll-out of renewable energy in South Africa. The virtual meeting pro…
Mantashe agrees to creation of engagement forum with renewables stakeholders Read More »
A more ambitious renewable-energy build programme than the one outlined in the Integrated Resource Plan 2019 (IRP 2019), which already has a large renewables component, will greatly benefit South Africa and should begin immediately, a new study asserts…
