Eskom has signed a R125 million grant agreement to support the development of the power utility’s Tubatse Pumped Storage System (PSS) project.
Eskom has signed a R125 million grant agreement to support the development of the power utility’s Tubatse Pumped Storage System project.Eskom has signed a R125 million grant agreement to support the development of the power utility’s Tubatse Pumped Storage System project. Image: iStockThe hydro storage system project is located in the Elias Motsoaledi Local Municipality in Limpopo and has been billed as a top priority project by the Infrastructure South Africa Programme.
“Over the next three years we have an ambition to execute at least 2GW of these projects. The clean energy projects will consist of a diversified capacity mix of renewable energy solar PV and wind, hydro, gas, nuclear and pump storage,” Marokane said. “Eskom plans to develop the Tubatse PSS project as a Public-Private Partnership and will intend to procure the services of a Transaction Advisor to conduct a thorough Private Sector Participation feasibility study and business case in the first quarter of 2026.
“The Global Gateway grant funding provided here today will further unlock the immense potential for renewable energy and support South Africa to realise its ambitions for a greener tomorrow”.
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