2 days ago
South Africa's Eskom Seeks Solar Buyers in Shift Away From Coal
South Africa's Eskom Holdings SOC Ltd. called for proposals from large power users to buy solar energy, in a step by the utility to wind down its dependence on coal.
Eskom, which generates more than 80% of its electricity from the dirtiest fossil fuel, issued a request for long-term power-purchase agreements from industrial customers, the company said in a statement on Tuesday. The contracts will range from five to 25 years, with the earliest project reaching commercial operation by the end of 2027.