South Africa’s Eskom Holdings has officially launched Eskom Green, a renewable energy division aimed at accelerating the development of large-scale renewable energy projects.
The business will focus on providing utility-scale renewable energy solutions to large industrial customers, particularly in the mining and manufacturing sectors. Eskom Green will deliver power through a portfolio of renewable generation assets supported by battery storage, pumped storage, and other firming solutions as required.
Dan Marokane, Chief Executive of Eskom Group, said that the initiative is intended to provide large-scale decarbonisation solutions for industrial customers.
Initially, Eskom Green will remain within Eskom Holdings, but it is expected it will be separated into a wholly-owned subsidiary with its own board, subject to regulatory, governance, and shareholder approvals.
Eskom Green’s renewable energy pipeline will be dominated by solar PV projects supported by battery energy storage systems, wind energy, and pumped storage facilities. The company is targeting 2 GW of operational renewable capacity in the near-term.
Eskom has identified 17 high-priority projects for implementation across its existing coal-fired power stations. The first projects include the 75 MW Lethabo solar facility in the Free State and future developments at the Komati Power Station. Eskom said co-locating renewable energy assets with existing conventional generation infrastructure will accelerate deployment, improve project economics, and strengthen grid resilience.