# Eskom has received regulatory approval to launch its renewable energy business, Eskom Green, and raise funding. CEO Dan Marokane calls it an important milestone in the further implementation of their strategy in the areas of unbundling, delivering utility-scale renewable energy capacity, and reducing carbon emissions and other air pollutants. He adds Eskom Green is targeting to deliver up to 32-gigawatt by 2040. This still leaves over two-thirds of the renewable energy generation opportunities open to the private sector, and enable investors to partner and invest with Eskom Green.
Eskom receives approvals to establish Eskom Green subsidiary