The European Investment Bank (EIB) and FirstRand Bank have allocated €400 million (US$444 million) to support the development of solar PV and wind generation projects in South Africa.
The first two solar PV projects from the sixth round of South Africa’s state renewable energy tender – representing 360MW capacity - have been approved and reached commercial close.
The seventh bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) has opened for interested parties.
