Scatec to build 115 MW South African schemes

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Norwegian solar developer Scatec Solar has revealed it is among the successful bidders to develop the 19 renewable energy schemes approved by the South African government to provide a further 1 GW of generation capacity.

The South African government has committed R28 billion (US$2.9 billion) to 19 renewables projects in the second window of its Renewable Energy Independent Power Producer (REIPP) program with nine of the schemes – totaling 417 MW – devoted to photovoltaics.

Scatec has announced it is among the successful solar bidders and will develop two projects worth a total $388 million at Linde in the Northern Cape and at Dreunberg in the Eastern Cape, with the two projects adding 115 MW to the country’s solar capacity.

On a good day for the Norwegian company, it also announced that its 75 MW Kalkbult project in the Northern Cape is expected to be finished in October – two months ahead of schedule.

The Scatec projects – like all the renewables schemes – will sell energy to national utility Eskom under 20-year PPAs.

Capital investment for the Scatec projects will be provided by South Africa’s largest bank – Standard Bank – which recently signed a R20 billion funding support agreement for renewables projects with its shareholder the Industrial and Commercial Bank of China.