Should the contract not be renewed, Eskom may need to buy power from elsewhere and South32 will need to find another source of electricity, preferably from renewable sources.
Mozambique Seeks to End 50-Year South Africa Hydropower Pact bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) South Africa’s cabinet said the Netherlands and Denmark have joined the Just Energy Transition Partnership, a landmark climate finance deal meant to help the country transition away from coal and serve as a prototype for similar pacts with Indonesia, Vietnam and Senegal. Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadBiden Vows Aid for Gaza, Backs Israel Over Hospital Bl
The Spanish initiative is in line with the aims of the $8.5-billion Just Energy Transition Partnership between South Africa and funding partners including France, Germany, the US, UK and the European Union.