South Africa: the region's largest market, mid-reform.

South Africa combines the region's deepest industrial demand with a power system in structural transition: unbundling, open grid access, and the launch of a competitive wholesale electricity market. For energy-intensive users, that transition is both the risk and the opportunity.

A floodlit mine at dusk, with an engine station, a substation yard and conveyors.

What we deliver in South Africa.

Firm, hybrid, and storage solutions for mines and industry under all four engagement routes, engineered for South African grid codes, fuel logistics, and tariff realities.

Solutions Delivery Models

What the wholesale market changes for a buyer.

A wholesale market changes the price your contract is measured against. A tariff that looks cheap next to a regulated price can look expensive next to a market curve, and a plant with flexibility can earn in a market that pays for it. The question for a buyer is not whether to wait for the market but how to sign a contract that does not lock you out of it.

Energy availability factor, per cent

2017 77.30
2018 78.00
2019 69.95
2020 66.64
2021 64.19
2022 62.02
2023 56.03
2024 54.56
2025 60.60
2026 65.16

Source: Eskom Holdings SOC Ltd, 2026 Performance Report, for the year ended 31 March 2026, technical statistics, page 71. Financial years to 31 March.

Why this matters to an offtaker now.

A PPA signed today lives inside tomorrow's market. Contracts we structure are written with wholesale-market evolution in mind: how tariffs interact with market prices, what open access means for wheeling, and where flexibility will hold value.

Talk to us about South Africa.