South Africa: Eskom Seeks RE Developers With Track Record To Establish Renewable Energy Business

Eskom Holdings SOC Ltd, South Africa’s power utility company, is seeking firms with a proven track record in establishing renewable energy businesses to assist in accelerating the deployment of renewable energy solutions.

Eskom has issued an Invitation to Tender (ITT) for interested companies to participate.

The company will evaluate applicants based on criteria that include: Proven track record in establishing a renewable energy company; Number of Public-Private Partnerships (PPPs) and Special Purpose Vehicles (SPVs) created that have delivered projects; IPP Business Model & Financial Structuring Expertise ; and Technical capability and sector knowledge

The opportunity to respond to the tender closes on May 7, 2025, at 10:00 SAST and can be found on the Eskom website. The support will be required for a period of 12 months.

The objective of the new subsidiary is to operate independently of the main Eskom entity, allowing for greater governance agility, competitive market positioning, and enhanced Public-Private Partnerships (PPPs). According to Dan Marokane, Eskom’s Group Chief Executive:

“Agility and efficiency are at the heart of preparing for a competitive marketplace and ensuring we serve our current and future customers with the electricity supply solutions they require. We are now a year into our turnaround strategy, and we are not just focused on ending load shedding; at the same time, we are pivoting Eskom into a sustainable and competitive company while ensuring security of supply.”

Eskom remains focused on a balanced and diversified energy mix, including existing coal and nuclear, introducing gas for baseload power, as well as renewables, energy storage systems, including Battery Energy Storage Systems (BESS) and pumped hydro, to achieve overall security of supply and meet South Africa’s growing electricity demand in a sustainable manner.

Eskom has an executable initial pipeline of at least 2GW of clean energy projects by 2026 and has developed a pipeline of more than 20GW of clean energy projects to diversify its energy mix.

Eskom will update the marketplace on the progress of the development of its Renewable Energy business throughout 2025.

Source:https://energynewsafrica.com