Eskom CEO Andre de Ruyter says power cuts should start easing within the next 10 days when big generation units are expected to come back online.
Makwana, who was named along with most of the new board last week, said the plants’ performance will be reviewed over the next 30 to 60 days to ascertain how to make them operational at an average of 75% of the time, a target set by public enterprises minister Pravin Gordhan. Their electricity availability factor, a measure of when they can produce electricity, is less than 60%.
In a first step, Envusa will develop more than 600MW of wind and solar projects, the companies said on Tuesday. Funding will include debt-financing and construction is expected to begin next year. The climate finance deal, unveiled at UN-led talks in Glasgow last year, was hailed as a prototype for helping coal-dependent developing countries transition to cleaner energy sources. Its success or failure could have a knock-on effect at next month’s COP27 summit in Egypt, which is expected to focus on the financing needs of poorer countries adapting to a warming atmosphere.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom latest: CEO De Ruyter sees power cuts easing within daysSouth Africa’s Eskom Holdings chief executive officer Andre de Ruyter said power cuts should start easing within the next 10 days when big generation units are expected to come back online.
Read more »
Investigation underway into bugging of Eskom CEO André de Ruyter’s carThings are getting scary right now. It was revealed over the weekend that a “sophisticated bug” was discovered in De Ruyter's car last week. DeRuyter Eskom Loadshedding cc ECR_Newswatch
Read more »
Load-shedding should ease in next 10 days — De RuyterDe Ruyter told Afrikaans radio station RSG that Eskom recently started buying power from Zambia to help ease strain on its system.
Read more »
Eskom increases power cuts after two units tripEskom has increased its load-shedding stage “until further notice.”
Read more »