00:01Power utility ESCOM on Tuesday launched a renewable energy unit, part of a vision by the company to reduce dependence
00:09on coal plants.
00:10Named ESCOM Green, the unit will operate under ESCOM holdings before transitioning into a wholly owned subsidiary operating autonomously.
00:20ESCOM set a target to pivot to mainly clean energy sources by 2040.
00:25Currently, it supplies the bulk of South Africa's electricity needs from its fleet of coal power plants.
00:33ESCOM Green targets sectors such as mining and manufacturing as its customers.
00:39It aims to generate 6 gigawatts of clean energy by 2030.
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