Eskom Group CEO Dan Marokane said the announcement is not simply about carbon content compliance but delivering leading-edge solutions at scale to enable Eskom customers in implementing their decarbonisation strategies.

Eskom has launched a dedicated renewable energy business, Eskom Green, in a major strategic shift aimed at accelerating utility-scale renewable energy development, supporting industrial decarbonisation and expanding South Africa’s clean energy supply.

Announced on Tuesday, Eskom Green will initially operate within Eskom Holdings before being separated into a wholly owned subsidiary with its own board, subject to regulatory, governance and shareholder approvals.

The new business is designed to fast-track renewable energy projects and provide large electricity users, particularly in the mining and manufacturing sectors, with tailored solutions to reduce carbon emissions while maintaining competitiveness in export markets.

“Eskom Green is a utility-scale renewable energy business that rapidly accelerates the options available to South Africa’s industries to decarbonise and transition industrial and productive capacity to maintain export competitiveness,” said Eskom Renewables Group Executive, Rivoningo Mnisi.