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Sasol seeks electricity trading licence to boost renewables

# Sasol has applied to the National Energy Regulator of South Africa for an electricity trading licence. The move comes as Nersa finalises trading rules and Eskom challenges licences granted to domestic traders. Sasol CEO Simon Baloyi says the licence would give Sasol flexibility as both a major buyer and future investor in renewables. The group has already signed deals for 920-megawatts of wind and solar and aims for two-thousand-megawatts by 2030.