Mainstream Inks Deal to Develop RE Plants in South Africa

Oct 17, 2022 10:43 AM ET
  • Mainstream has authorized a lease contract with South Africa's national electrical energy business Eskom for a 1,650-hectare site to build and operate RE plants.
  • The substantial land is located alongside the Majuba as well as Tutuka coal-fired power plant in the Mpumalanga Province.

Global green power player Mainstream Renewable Power has authorized a lease arrangement with South Africa's national electrical energy firm-- Eskom-- for a 1,650-hectare site where it intends to develop as well as run renewable energy plants. The quantum of the renewable resource project has actually not yet been revealed by the business.

The official declaration of Mainstream held that the lease contract will certainly run for 25-30 years as well as it becomes part of a new initiative by Eskom to make land readily available around existing power plant with enough, offered grid capacity in order to fast-track the link of big quantities of renewable energy to the national grid.

Mainstream stated that the land is located next to the Majuba as well as Tutuka coal-fired power stations in the Mpumalanga Province of South Africa.

Hein Reyneke, General Manager for Africa, Mainstream, stated, "We look forward to delivering sustainable power at range at this site and also, in doing so, help to industrialise the renewable energy sector in South Africa, bringing thousands of much-needed jobs in addition to lasting advantages to the bordering communities."

Mainstream anticipates the eco-friendly power generators to be attached to the grid within 36 to 48 months from economic close. It will certainly currently conduct a thorough collection of feasibility studies to identify which innovations will be executed-- wind, solar as well as battery storage space.

Mainstream included that the exact generation capacity will be recognized once the studies have actually been completed. The land parcels have actually currently been completely evaluated for useability, taking into account ease of access, locations above underground mines, future mining activities, the preservation of ecologically sensitive locations such as marshes and heritage sites, as well as the sloping of the land parcels.

Mainstream Renewable Power

Mainstream claims to be one of the most successful company in South Africa's renewable energy purchase programme, with over 2.1 GW granted to day. This consists of 850 MW of wind and also solar generation assets that Mainstream has actually already delivered right into industrial operation across Rounds 1, 3 and also 4 of the REIPPPP.

In 2021, the company was awarded favored bidder standing in Round 5 of the programme, with an overall capacity of 1.27 GW throughout wind as well as solar innovations.

Mainstream has actually bagged some other key RE projects in various other parts of the world too. It just recently announced that it has actually been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW overseas wind farm off the Shetland Islands in Scotland. It additionally accomplished US$ 182 million economic close for the 3rd as well as last phase of its "Andes Renovables" wind and solar platform in Chile.

Mainstream and also Aker Offshore Wind have actually additionally introduced the inking of an agreement to integrate the two business to produce a stronger renewable resource firm with a 27 GW portfolio.

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