Anglo American and EDF Renewables have announced their agreement to form a new jointly owned company, Envusa Energy, to develop a regional renewable energy ecosystem (RREE) in South Africa.
In March 2022, the two companies signed a Memorandum of Understanding to explore the ecosystem's development, designed to meet Anglo American's operational power requirements in South Africa and support the resilience of the local electricity supply systems and the wider decarbonisation of energy in the country. As part of the agreement, Envusa Energy is launching a pipeline of more than 600 MW of wind and solar projects in South Africa – a first step towards the development of an ecosystem that is expected to generate 3-5 GW of renewable energy by 2030. This first phase of Envusa Energy's renewables projects is expected to be fully funded and ready for construction to begin in 2023. Envusa Energy is expected to supply Anglo American with a blend of renewable energy generated on Anglo American's sites and renewable energy transmitted via the national grid.
