French development agency funds Eskom''s
Agence Française de Développement (AFD) is providing an EUR 6.5 million ($ 6.9 million) grant towards the development of Eskom''s Tubatse Pumped Storage System
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Eskom and Agence Française de Développement (AFD) have signed a R125 million grant agreement to support the public electricity utility in the development of its Tubatse
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French development agency funds Eskom''s
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4 Frequently Asked Questions about “Mbabane pumped energy storage project bidding”
What is Tubatse pumped hydro storage system?
The South African power utility's Tubatse Pumped Hydro Storage System is recognized as a top priority inftrastructure project and will be developed under a public-private partnership.
What is a Tubatse project?
Tubatse was approved as a priority infrastructure project during an Infrastructure South Africa bid window. The European Union (EU) grant funding, delegated to AFD for implementation, will enable Eskom to proceed with the mega Tubatse installation. It will have power generation capacity of 1,5 GW (four 375 MW units) and storage capacity of 21 GWh.
Will Eskom develop Tubatse PSS as a public-private partnership?
Eskom plans to develop the Tubatse PSS project as a public-private Partnership (PPP). The utility intends to procure the services of a transaction advisor to conduct a private sector participation feasibility study and business case in the first quarter of 2026.
Where is the hydro storage system project located?
The 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.