Posts tagged as finance

Managing and operating solar assets: Five key considerations

PV was supposed to be like any other energy source: You invest in the infrastructure and then it pretty much runs itself from thereon. But US solar asset owners have found that is not the case. The landscape for PV operations keeps changing. This article discusses five trends which could have a material impact on […]

Leading in renewable energy finance

Even a brief search of the headlines of newspapers around the world will leave one in no doubt that the threat posed by climate change has morphed from being solely a focus of climate activists to one of global concern. The climate emergency is now being recognised at board level, so contributing towards meeting the […]

Standard Bank withdraws funding of new coal IPP projects in SA

. Further to information received from reliable sources last year, and published by EE Publishers in an article in September 2018, Standard Bank has now explicitly confirmed to EE Publishers in writing that “as things stand presently, Standard Bank is not involved in the financing of either the Thabametsi or Khanyisa [new coal IPP] projects”. […]

SA takes important steps to solving its power crisis

South Africa’s power utility Eskom is on the brink of collapse. It owes foreign and local lenders more than R400-billion, it receives insufficient income from the sale of electricity to service its repayment commitments, is owed about R35-billion in overdue arrear debt by direct users and municipalities and is bogged down by two enormous “ill-designed” […]

Wind industry anticipates the signing of outstanding PPAs

The South African Wind Energy Association (SAWEA) has issued a statement in response to President Ramaphosa’s Cabinet reshuffle this week, which ushered Cabinet veteran Minister Jeff Radebe into the energy portfolio with immediate effect. The association welcomes the appointment of three key ministers who are directly concerned with achieving South Africa’s energy security, regaining investor confidence […]

Can Eskom avoid a financial death spiral?

The challenges Eskom is facing around governance, corruption and state capture are common cause, but it is unfortunately crowding out an even more serious structural problem, which speaks to the very viability of Eskom as a utility company. Cleaning up the company, improving efficiencies and restoring it to its former glory as an efficient operator […]

Eskom’s financial problems – how is it going to dig itself out of the hole?

  The Helen Suzman Foundation’s legal counsellors have taken a good look at Eskom’s financial statements for the year ended 31 March 2017, which were released on 19 July 2017.  The purpose of this brief is to highlight the major cash flow issues which it will have to confront over the next few years. The […]

The answers on Eskom debt – but not from Eskom

  About a month ago, the following questions relating to Eskom debt were put to Eskom and its financial director, Anoj Singh, in writing by EE Publishers, through the official channels of communication, namely Eskom Mediadesk and the Eskom spokesman. Despite numerous re-sends and reminders, and even escalation of the questions to the spokesman of […]