{"id":491741,"date":"2026-06-10T20:32:50","date_gmt":"2026-06-10T20:32:50","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/06\/10\/south-africa-eskom-creates-entity-dedicated-to-large-renewable-energy-projects\/"},"modified":"2026-06-10T20:32:55","modified_gmt":"2026-06-10T20:32:55","slug":"south-africa-eskom-creates-entity-dedicated-to-large-renewable-energy-projects","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/06\/10\/south-africa-eskom-creates-entity-dedicated-to-large-renewable-energy-projects\/","title":{"rendered":"South Africa: Eskom creates entity dedicated to large renewable energy projects"},"content":{"rendered":"
<\/div>

The South African public group Eskom announced on Tuesday, June 9, the creation of a new entity specializing in the development of large-scale renewable energy projects. This initiative is part of the company’s strategy to increase the share of clean energy in its production mix.<\/p>\n

Named Eskom Green, this new division is intended to contribute to the group’s goal of increasing its renewable energy production capacity to 32 gigawatts by 2040. Eskom remains the country’s main electricity producer, with a power plant portfolio still largely dominated by coal.<\/p>\n

A new step for Eskom’s transition<\/p>\n

According to information provided by the group, Eskom Green will initially operate within Eskom Holdings, before being transformed into a 100% owned subsidiary with its own board of directors.<\/p>\n

The future structure will primarily target sectors with high energy consumption, including mining and manufacturing industries, in a context of increasing pressure to green the electricity supply of large consumers.<\/p>\n

6 GW of decarbonized capacity targeted by 2030<\/p>\n

The company plans to have around 6 gigawatts of decarbonized capacity by 2030, thanks to several renewable energy and storage projects currently in preparation.<\/p>\n

The initial funding phases will be provided by Eskom’s already approved investment program, with support from resources on its balance sheet.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

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