South Africa’s delayed PPAs finally signed

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

The South African government has signed 27 power purchase agreements (PPAs) after resolving the latest twist in the long-running saga.

Utility firm Eskom had delayed the contracts claiming that they were no longer in the interest of the company. Last month the impasse appeared to be resolved until two labour unions intervened at the courts, claiming the projects would cost jobs at existing, fossil fuel power plants.

At that time, energy minister Jeff Radebe said that despite the court being unable to raise a legal reason why the contracts could not be signed on 13 March, the signing would be postponed until the legal process had run its course. The court chose not to uphold the complaint on 29 March.

The 27 contracts represent R56 billion (US$4.7 billion) of investment and, according to the department of energy, will create more than 58,000 jobs for South Africans.

A number of developers were caught up in the delays including Scatec Solar, which was awarded 258MW of solar capacity in the fourth round of the country's tender process.

Read Next

July 7, 2021
SmartestEnergy Australia has signed a PPA with Providence Asset Group, to deliver 500GWh of solar power into the national electricity market.
June 16, 2021
Berkeley Energy has raised €130 million in the first close of the Africa Renewable Energy Fund II
June 14, 2021
Mozambique-based coal operator Ncondezi Energy has announced a joint venture (JV) with South African-based NESA to target South Africa’s C&I solar and storage markets.
PV Tech Premium
June 12, 2021
With South Africa faced with ongoing power cuts, Jules Scully explores the how solar PV can help decarbonise the country’s coal-heavy grid while providing energy security.
June 11, 2021
South Africa’s solar sector has welcomed a new reform that will increase the country’s licensing exemption threshold for embedded generation projects from 1MW to 100MW.
June 3, 2021
Oslo headquartered renewable power producer Scatec has announced a new partnership with ACME to develop a 900MW solar power plant in the state of Rajasthan, India.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
July 29, 2021
Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021