South Africa's Eskom explores private and foreign funding for $21bn renewable energy transmission expansion.
South Africa's state-owned utility Eskom is exploring private and foreign funding options for a $21bn expansion of its transmission network to accommodate an increase in renewable energy. Eskom, which supplies over 80% of South Africa's electricity, plans to build 14,218 km of power lines over the next decade. The company is in ongoing discussions with government ministries regarding funding, which may include money pledged by rich nations for energy transition and private sources.
April 11, 2024
7 Articles