South Africa’s utility-scale solar industry is finally back on track following the signing of 27 renewable energy power purchase agreements (PPAs).
The South African Government has set a date of March 13 for the signing of 27 outstanding PPAs for solar and wind. It emphasized the economic benefits of the contracts, which are set to spur new energy investment of around US$4.7 billion and over 60,000 jobs.
South African consultant and PV expert Chris Ahlfeldt has explained to pv magazine how the impasse of the outstanding PPAs of round 3.5 and 4 of the country’s REIPPPP program may affect solar PV less than other renewable energy technologies. The PPAs relate to twelve large-scale solar projects totaling 813 MW selected in round 4.
The PPAs are related to 37 utility-scale projects selected in Rounds 3.5 and 4 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
The signing of the PPAs was expected to enable financial closure of several PV and wind power projects being developed under South Africa’s REIPPPP program.
The Adams and Pulida projects were awarded in the third round of South Africa’s REIPPPP solicitation, and this brings Enel to 323 MW of solar online in the nation.
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