South Africa obtains 63 solar bids in newest renewables procurement round
- South Africa's latest renewables procurement window for 2.6 GW of capability has actually gotten bids from 102 possible project programmers, consisting of 63 solar projects, according to the nation's Department of Mineral Resources as well as Energy (DMRE).
Introduced previously this year with the objective of acquiring 1GW of solar PV as well as 1.6 GW of wind, the tender stands for Bid Window 5 of South Africa's Renewable Energy IPP Procurement Programme (REIPPPP).
Bids were enabled to be sent till 16 August, and solar projects as much as a maximum dimension of 75MW are qualified. Preferred bidders are anticipated to be revealed in October or November, with winning bidders required to get to financial close for their projects by March 2022 as well as connect the installments to the grid no later than April 2024.
DMRE formerly said it hopes to attract projects that are fully created or are nearly prepared which will certainly be able to connect and also supply power swiftly, without calling for major works in regards to grid assimilation.
The bidding round is the first stage of a procurement introduced last September for 11,813 MW of brand-new generation capability that will come from a series of resources by 2027.
In addition to the REIPPPP, the federal government previously this year revealed the shortlisted prospective buyers for its technology agonistic Risk Mitigation IPP Procurement Programme (RMIPPPP) that will certainly provide a total amount of 1,995 MW of acquired capacity from projects combining technologies such as solar PV, wind, liquified natural gas and battery storage.
Among the winners was Norwegian independent power producer Scatec, which was granted 150MW of gotten capacity as well as will certainly create three solar-plus-storage installations in the nation's Northern Cape province.