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Long the dominant force in South Africa's coal-heavy power sector, Eskom is now positioning itself as a renewable energy provider, with a new subsidiary targeting 6GW of clean capacity by 2030 and 32GW by 2040.

The agreement will facilitate collaboration on licensing, local content development and capacity building as both countries deepen oil sector reforms.

The Presidency intends to form a global coalition to mobilise technical support, capacity building and financing for developing countries advancing cleaner energy transitions.

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