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Home - Policy - French development agency supports South African pumped water storage project – SPE
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French development agency supports South African pumped water storage project – SPE

solarenergyBy solarenergyNovember 11, 2024No Comments2 Mins Read
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Agence Française de Développement has signed a ZAR 125 million ($7 million) grant agreement with South African utility Eskom to support the development of a hydro storage system project.

November 11, 2024
Patrick Jowett

Image: Filiz Elaerts, Unsplash

French development agency Agence Française de Développement is investing ZAR 125 million in a hydro storage system project in South Africawhich will be developed by a state-owned company Eskom.

The Tubatse Pumped Storage System project will be built in Elias Motsoaledi, Limpopo.

It will have a power generation capacity of 1.5 GW, consisting of four 375 MW units, in addition to a storage capacity of 21 GWh, and has been identified as a top priority by the Infrastructure South Africa Programme.

Eskom plans to develop the project as a public-private partnership, with a feasibility study on private sector participation scheduled for the first quarter of 2026. The project is scheduled to be implemented between 2025 and 2033.

A statement from Eskom Group CEO Dan Marokane said large-scale storage and grid services are necessary to support the development of sustainable energy in South Africa.

“Without large-scale facilities like Tubatse, managing intermittent energy from renewables – wind and solar – would be very difficult without the kind of intervention that pumped storage systems provide,” Marokane said.

He noted that Eskom plans to implement at least 2 GW of projects within the next three years, comprising solar, wind, hydro, gas, nuclear and pumped storage, from an existing pipeline of projects from a total of 20 GW.

Earlier this month, South Africa’s national energy regulator granted Eskom licenses for two new solar projects that will generate revenue together 125.3 MW.

See also  Battery storage revenues in Britain are rising, Modo Energy says

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