south africa

The fifth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme has signed power purchase agreements with 13 solar PV projects.

Scatec, the Norwegian independent power producer (IPP), has signed 273MW of power purchase agreements (PPAs) for solar projects in South Africa under the government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

Canadian Solar has signed a 256MW module supply agreement with South African independent power producer (IPP) SOLA Group. The modules will supply what Canadian Solar has said will be South Africa’s two largest solar PV plants.

The European Investment Bank (EIB) and the Development Bank of South Africa (DBSA) have launched a financing programme to support €400 million (US$413 million) worth of renewables investment in South Africa.

Talesun, the Chinese-headquartered solar manufacturer, and South African company ARTSolar have commenced operations at a 325MW PV module manufacturing facility.

The World Bank has approved funding for a US$497 million renewable energy project in South Africa that will see 150MW of solar and 70MW of wind capacity installed in place of the coal-fired Komati power plant.

Independent power producer (IPP) Scatec targets to invest NOK10 billion (US$946 million) of equity for new renewable power plants through 2027.

South African public utility Eskom has signed lease agreements with four independent power producers for the production of renewable energy.

Voltalia has signed a corporate power purchase agreement with mining company Richard Bay Minerals, subsidiary of Rio Tinto, in South Africa.

Anglo American and EDF Renewables have partnered to form a new jointly owned company, Envusa Energy, to develop renewables projects in South Africa.