Energy
South Africa’s Eskom Seeks Solar Buyers in Shift Away From Coal
The Eskom Holdings SOC Ltd. Kendal coal-fired power station in Mpumalanga, South Africa.
Photographer: Waldo Swiegers/BloombergSouth 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.