South Africa awards 1GW of solar projects to 13 IPPs in most current auction
- South Africa's most recent renewables procurement window, the Renewable Energy IPP Procurement Programme (REIPPPP), has actually awarded solar independent power producers (IPPs) 1GW out of a total of 2.6 GW of ability.
The statement was made by Gwede Mantashe, South Africa's Minister of Mineral Resources and Energy, during an interview that can be watched online here.
In total, the 25 picked prospective buyers from both solar as well as wind were granted an overall of 2583MW, 17MW short of the target. The 25 projects will certainly invest a total amount of R50 billion (US$ 3.3 billion).
The weighted typical price of the preferred bidders for both solar and also wind was R470/MWh (US$ 30.1/ MWh), with solar averaging R429/MW (US$ 28.1/ MW).
Winning prospective buyers are needed to get to economic close for their projects by March 2022 and connect the setups to the grid no behind April 2024. They have actually additionally devoted to acquiring practically half of all solar components used in construction from South African suppliers, against a target of 40%.
The winning 13 solar IPPs are as adheres to:
- Grootfontein PV 1
- Grootfontein PV 2
- Grootfontein PV 3
- Grootspruit Solar PV Project
- Graspan Solar PV Project
- Sannaspos Solar PV Project
- Du Plessis Dam Solar PV 1
- Kentani Solar Facility
- Klipfontein Solar Facility
- Klipfontein 2 Solar Facility
- Leliehoek Solar Facility
- Braklaagte Solar Facility
- Sonoblomo Solar Facility
The programme drew in a total amount of 102 bids, with capacity amounting to 9.64 GW.