Progress with crisis plan: Govt lifts cap on private power – and more action on Eskom crime | Business

An aerial view of the Khanyisa solar plant at Gold Fields' South Deep mine in Johannesburg. Photo: Supplied

New legislation has been gazetted to remove the 100MW licensing threshold for these projects. This means that solar and wind projects of any size can be built without a licence.Since then, private sector companies have launched 100 projects which will bring more than 9 000MW to the grid. Eskom's entire fleet has a capacity of around 45 000MW.

A total of 162 MW of surplus capacity has been identified from existing independent power producers. Eskom plans to buy up to 1 000MW from private companies over three years. The first contracts are expected to be signed in coming weeks. A"one stop shop" is being established as a single entry point for energy projects through Invest SA, South Africa's investment promotion agency.

Source: News Formal (newsformal.com)

_Business That joker , please get somebody to lead this lost nation, dinosaurs must go

_Business So why wait until now to implement it? Why the wait when people’s life is at risk and business going under results in more job losses?

_Business

_Business Wind, solar. Both abundance here

_Business Why can't you'll speak English and just tell is if this is good or bad. Too.much to read

_Business A 6 month reporting time frame from Necom regarding the energy crisis plan tells u all you need to know about the government's idea of urgency with regards to Eskom and its problems. ANC

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