South Africa gets $8.5 billion to phase out coal, boost renewables
The funds should be allocated through multilateral and bilateral grants, concessional loans, guarantees and private investments. A task force will now seek to identify initial sources of financing for the electricity and coal mining sectors, as well as financing options for the development of electromobility and green hydrogen.
South Africa’s 2.6 GW renewables tender draws lowest solar bid of $0.02481/kWh
The South African authorities have published the list of the preferred bidders of the fifth round of the Renewable Energy Independent Power Producer Procurement Program (REIPPPP). Around 2.58 GW of renewable energy capacity was allocated through the procurement exercise.
Frazium Energy signs €100 million deal for mega solar-storage project in Eswatini
With an initial capacity of 100 MW, the plant will supply more than 100 million kWh a year to countries in the Southern African Development Community (SADC) region, helping to reduce load shedding by providing much needed power at peak times.
South Africa’s high court rejects legal action over content rules in 2 GW tech-neutral tender
The South African Department of Mineral Resources launched a tech-neutral procurement process for 2 GW of capacity in August 2020 in response to a chronic short-term electricity supply gap in the country.
Legal dispute over South African content rules in 2 GW tech-neutral tender
The South African Department of Mineral Resources launched a tech-neutral procurement process for 2 GW of capacity in August 2020, in response to a chronic short-term electricity supply gap in the country.
South Africa raises threshold for distributed generation to 100 MW
The new provisions were published in the country’s official journal on Friday and are now in force. Large scale PV plants of up to 100 MW may be built without requesting a license, through a simplified procedure with the national regulator.
South African state lender launches call to finance PV, wind projects
The Development Bank of Southern Africa (DBSA) has announced plans to support the construction of wind and solar plants ranging in size from 10 MW to 75 MW.
South Africa installed 1.3 GW of PV last year
Around 800 MW of last year’s new additions came from ground-mounted solar plants, and the remaining 500 MW from distributed generation.
Sasol, Air Liquide seek to procure 900 MW of renewables in South Africa
The two companies are seeking proposals to provide power to Sasol’s synthetic fuel plant in Secunda, Mpumalanga.
South Africa reveals preferred bidders for 2 GW tech-neutral tender
The tender is aimed at procuring 2 GW of capacity in response to the chronic short-term electricity supply gap that is affecting the country and its mining sector. The South African government has selected three LNG projects that may secure around 60% of the awarded capacity and several renewable energy projects including solar, wind and storage. The procurement exercise attracted a lowest bid of $ 0.0998/kWh.
