Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.
With the sixth auction round of South Africa’s REIPPP on the horizon and new opportunities for distributed PV opening up, Alice Grundy explores the remaining barriers to solar deployment in the country.
Scatec Solar beat South Africa’s nationwide COVID-19 enforced lockdown by just a day when it completed the 258MW Upington solar complex in April 2020. Here’s how they did it.
Renegotiating renewable tariffs agreed in the early 2010s to help technically insolvent state utility Eskom could “dent investor confidence”, says SAPVIA.
Silicon Module Super League member (SMSL) Canadian Solar has established a joint venture with Chinese firm ET Energy to perform EPC services and supply modules to 132MW of solar projects in South Africa for Africa-based IPP BioTherm Energy.
Fund manager African Infrastructure Investment Managers (AIIM) has acquired majority stakes in nine new solar and wind power plants in South Africa, totaling 800MW.