– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Kodal Minerals Targets Ghana Lithium Expansion Beyond Mali’s Bougouni Mine
South Africa Proposes 100% Offshore Investment Mandates Under New Financial Centre Framework
Morocco Targets 3% Fiscal Deficit in 2027 Budget as Social Spending Rises to $6.3 Billion
Senegal Bank Creditors Appoint Houlihan Lokey as Debt Restructuring Adviser
JPMorgan Wins Initial Central Bank Approval to Establish Merchant Bank in Nigeria
South32 Shareholders Approve Up to $5.6 Billion Aluminium Asset Sale to Alcoa
Shoprite in Talks With Investec as Retailer Seeks to Broaden Financial Services
Africa’s Top Gold Producer Reviews Gold Fields’ Tarkwa Mine Lease Amid Mining Law Reforms
El Niño Could Intensify Extreme Heat, Droughts and Floods Across Africa, UN Warns
Namibia Cuts 2026 Economic Growth Forecast to 2.3% as Public Debt Outlook Worsens
Bannerman Energy Approves $353 Million Etango Uranium Mine Construction in Namibia
De Beers Transfers $75 Million to Botswana Diamonds for Development Fund
South Africa’s Exports to China Rise 25% After Beijing Introduces Zero-Tariff Scheme
Dangote Plans Cross-Border Petroleum Distribution Network Across Africa
Kenya Secures $160 Million Deal to Expand Wildlife Conservation Efforts
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Energy » Eskom and South32 Plan Renewable Energy Shift for Hillside Aluminium Smelter
Energy

Eskom and South32 Plan Renewable Energy Shift for Hillside Aluminium Smelter

by Emmanuel Ebube April 28, 2026
written by Emmanuel Ebube April 28, 2026
FacebookTwitterLinkedinEmail
155

PRETORIA, April 28 – South Africa’s state power utility Eskom and South32 are collaborating on a renewable electricity plan for the Hillside aluminium smelter in South Africa, with implementation targeted for 2031.

The Hillside plant, located on the country’s east coast, produces around 720,000 metric tons of aluminium annually and is the largest smelter in the southern hemisphere. It currently operates under a 10-year agreement with Eskom that provides discounted electricity tariffs, set to expire in 2031.

South Africa has long offered reduced power tariffs to energy-intensive industries like aluminium smelting, as high electricity costs would otherwise make operations unviable. Power prices in the country have surged nearly tenfold since 2008, contributing to the closure of several industrial plants.

To address this challenge, Eskom and South32 have established a joint team to explore ways of integrating competitively priced renewable energy into the national grid. The goal is to secure a sustainable and cost-effective energy supply for the smelter once the current agreement ends.

You Might Be Interested In
  • IEA Chief Targets Doubling Nigeria’s Energy Investment Within Five Years

According to Noel Pillay, the initiative is aimed at ensuring a viable, low-carbon future for the Hillside operation.

Eskom CEO Dan Marokane said the partnership reflects a broader effort to balance industrial competitiveness with the country’s transition to cleaner energy sources.

The move comes amid growing pressure on energy-intensive industries across the region. South32 recently placed its Mozal aluminium smelter in Mozambique on care and maintenance after failing to secure sufficient and affordable electricity.

The planned transition at Hillside highlights the increasing importance of renewable energy in sustaining heavy industry while reducing carbon emissions in South Africa’s coal-dominated power sector.

Read Next

  • South African Reserve Bank Appoints World Bank Economist to Monetary Policy Committee

    October 1, 2026
  • Tunisia’s Cash Holdings Hit Record $10.5 Billion, Putting Pressure on Banks

    August 25, 2026
  • Guinea Bans Raw Gold Exports to Expand Local Refining Industry

    June 22, 2026
  • Ghana’s COCOBOD Raises $288 Million in Domestic Debt to Finance Cocoa Purchases

    October 8, 2026
  • CBN Data Hosting Rule Puts Nigeria’s Data Centre Capacity in Focus

    July 8, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy
  • African Economy Inc.