Eskom Secures R125 Million Grant for Tubatse Pumped Storage
Eskom and Agence Française de Développement (AFD) have entered a R125 million grant agreement to support the Tubatse Pumped Storage System (PSS) project, a large-scale hydro
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South Africa is aiming to procure utility-scale battery storage with two tender programmes: its Battery Storage IPP Procurement Programme as well as hybrid battery storage and variable renewables projects through its Risk Mitigation IPP Procurement Programme.
By storing and releasing energy as needed, pumped storage facilities like Tubatse are critical in balancing the variable output of renewable sources such as solar and wind. As Eskom transitions from a predominantly coal-based energy provider to a more diverse and sustainable energy mix, projects like Tubatse will play a crucial role.
Solar PV, which, as reported by our colleagues at PV Tech in their write-up of the AFSIA report, reached 19.2GW in 2024, increasing by 2.5GW on 2023 levels, is becoming the focal energy generation resource for Africa.
Eskom and Agence Française de Développement (AFD) have entered a R125 million grant agreement to support the Tubatse Pumped Storage System (PSS) project, a large-scale hydro
The company has recently completed the financial arrangements necessary to begin construction of the 103MW/412MWh facility, a pivotal development under the country''s Battery
What is a mobile energy storage system?On the construction site, there is no grid power, and the mobile energy storage is used for power supply. During a power outage, stored electricity can be used to
Several initiatives and drivers for energy storage have also been introduced to African countries. One such mechanism is South Africa''s Battery Energy Storage Independent Power
The Mogobe BESS project financing is a crucial first step for South Africa''s BESIPPPP standalone storage procurement model. The deal demonstrates the need for lenders to consider
The financing is structured through a non-recourse debt facility of ZAR 2.7 billion, managed by Standard Bank of South Africa, with the remainder coming from contributions from the
The President recently announced an energy plan, which has a raft of programmes and policy options aimed at mitigating the energy crisis. Chief amongst these measures is the removal of the licensing
In the long term, the country plans to expand its renewable energy procure-ment from the private sector through the Renewable Ener-gy Independent Power Producer Procurement Programme (REIPPPP),
The estimated total capex for the energy storage project is ZAR 3 billion (~$170 million), of which Scatec''s EPC contracts account for nearly 83%. The project will be financed by ZAR 2.7
This project aims to decommission one of South Africa''s oldest coal-fired power plants and replace it with 220 MW solar PV and wind power, as well as 150 MW battery storage. The funding comprises
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