Independent power producer Scatec has signed power purchase agreements (PPA) for three co-located solar and storage projects in South Africa that include 540MW of PV capacity.
The sixth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) has opened for interested parties.
Norway’s Norfund and UK development finance institution CDC have teamed up to fund 2.4GW of renewable deployment in South Africa through a ZAR600 million (US$39 million) investment in renewables company H1 Capital.