Eskom has launched a new renewable energy programme that will allow large businesses to buy solar power directly from the utility — the first time it’s offering this kind of deal.
The programme, announced on Tuesday, is aimed at companies looking to lower their carbon emissions and secure clean energy over the long term. The power utility is putting 291MW of solar power capacity up for grabs through long-term contracts, known as power purchase agreements (PPAs), from its own solar sites.
The energy will be rolled out in phases with the first projects expected to go live by the end of 2027. Companies will be able to sign contracts lasting between five and 25 years.
“This is the next step in the focused execution of our strategy to integrate additional renewable energy into the grid,” said Eskom group CEO Dan Marokane.
“Just over a year into our turnaround strategy, we are not only focused on ending load-shedding but are also pivoting Eskom into a sustainable and competitive company while ensuring security of supply through a customer-centric approach.”
The programme follows earlier consultations and an expression of interest process, where Eskom found strong appetite among businesses for direct access to renewable energy. For many, this will support sustainability goals, help green their supply chains, and improve competitiveness — especially in markets where low-carbon credentials are becoming essential.
Agnes Mlambo, acting group executive for Eskom Distribution, said the utility was offering solutions to meet companies’ operational needs while supporting the country’s broader climate goals.
“We are enabling our customers to transition to low-carbon operations while ensuring a secure and competitive supply, through customer-centred solutions,” she said.
According to Eskom, it continues to develop a balanced energy mix, comprising coal, nuclear, gas, renewables and energy storage solutions such as Battery Energy Storage Systems and pumped hydro.
Eskom aims to have 2,000MW of new renewable projects ready for construction by 2026 and to scale up to 32,000MW by 2040 — including plans for green hydrogen production and large-scale battery storage.
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