Eskom bags US$100 million KfW loan for renewables grid integration

South African utility Eskom and German Development Bank KfW have signed a US$100 million (~R1.35 billion) loan facility that will go towards improving the transmission network to support grid integration of renewable energy projects after 27 power purchase agreements (PPAs) were signed in April.

Scatec Solar signs PPAs for three solar PV plants in South Africa

Independent solar power producer Scatec Solar has confirmed it had signed Power Purchase Agreements (PPAs) on three solar PV plants in South Africa totalling 258 MW. PV Tech recently highlighted that the South African government has finally signed a total of 27 PPAs after long-running saga of delays.

Eskom misses deadline for financial close of outstanding PPAs

South African utility has failed to meet the deadline imposed by the country’s previous minister of energy for the financial close of outstanding PPAs under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).