Tag: south africa

Enel Green Power signs 220 MW PPAs with Air Liquide and Sasol in South Africa

Enel Green Power (EGP), a subsidiary of the Italian energy firm Enel Group, has signed 220 MW power purchase agreements (PPAs) with Air Liquide and Sasol in South Africa. The largest oxygen production facility in the world, operated by Air Liquide at Sasol’s Secunda location, will begin receiving renewable energy from EGP in 2025. The renewable energy will be supplied by EGP’s two wind farms in the Eastern Cape, which can generate more than 800 GWh of clean energy annually when combined.

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CSI Solar secures 256 MW module supply deal in South Africa

CSI Solar, a subsidiary of Canadian Solar, has won a 256 MW solar module supply contract from Sola Group, a South African independent power producer. Two utility-scale solar power projects based on private power purchase agreements will get the solar modules in South Africa.

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South Africa: Hydrogen Roadmap – A Crucial Step in the Energy Transition Journey

In February this year, the South African Hydrogen Society Roadmap (HSRM) was published by the South African government. As the country navigates its energy transition, the Roadmap is considered to be an important marker on its path towards implementing hydrogen development, which is envisaged to be at the centre of South Africa’s strategy for economic growth and mitigating climate change.

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New Energy Paradigm in South Africa: Paper

In this paper, the authors advance a ‘mission-oriented’ approach to reconceptualize energy megaprojects within a systemic, cross-sectoral, and challenge-driven policy framework for energy transition. The authors discuss this mission-oriented approach through a deep dive on the South African experience of energy megaprojects with a focus on the restructuring of its public utility, Eskom, as well as opportunities for sustainable industrialization.

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Scatec reaches financial closure on South Africa renewable energy assets

Scatec has reached the financial closing for three renewable energy projects in Northern Cape province in South Africa. The three projects are located in Kenhardt and are expected to have a combined solar capacity of 540 MW and battery storage capacity of 225MW/1,140MWh. After this financial closure, Scatec will begin construction of the projects.

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AIIM invests 30 MW solar PV portfolio in South Africa

Through its IDEAS Managed Fund (IDEAS), African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity fund manager, has acquired a majority stake in three solar projects in South Africa. The 30 MW solar portfolio reached financial close in May 2022, with commercial operations scheduled in March and April 2023.

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Power Is Key Downside Risk To Oracle’s South African Cloud Journey

A key downside risk to Oracle’s investment and to the overall growth of South Africa’s cloud computing industry is the unreliable access to power in the country. Powering digital infrastructure using renewable sources is becoming an increasingly attractive trend, particularly in SSA where reliable access to electricity grids is uncertain and its near-constant sunshine makes it the ideal location to explore solar power.

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Are current policies sufficient to support South Africa’s renewable energy goals?

The Government of South Africa has ambitious plans to accelerate the adoption of renewable energy. But are current policy settings sufficient to achieve these objectives? The renewable energy sector currently contributes only a small share of total electricity generation in South Africa: in 2019 wind and solar accounted for 3% and 1% of total generation, respectively. Installed capacity increased tenfold in as many years, from 0.9 gigawatts (GW) in 2011 to 9.6 GW in 2020.

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Best Practices for Solar O&M in South Africa

South Africa is Africa’s largest PV market by far and reached GW-scale in 2016. Operation and Maintenance (O&M) has become a standalone segment within the solar industry, and it is widely acknowledged by all stakeholders that highquality O&M services mitigate potential risks, improve the Levelised Cost of Electricity (LCOE) and Power Purchase Agreement (PPA) prices, and positively impact the return on investment (ROI).

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Pele Green and EDF to build 100 MW PV plant in South Africa

Anglo American Platinum has chosen EDF Renewables South Africa and Pele Green Energy to build a 100 MWp solar photovoltaic system at its Mogalakwena platinum mine in South Africa. The initiative is part of the mining company’s long-term sustainability plan in South Africa. The partnership plans to start building the solar facility in the fourth quarter of 2022, with completion due in late 2023.

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South Africa-based Exxaro Resources floats a tender for a 70 MW AC solar PV farm at its Grootegeluk coal mine

Exxaro Resources Limited, a coal mining company headquartered in South Africa, has floated an engineering, procurement, and construction (EPC) tender for the development of a 70 MW solar PV farm at its Grootegeluk coal mine in the country’s Limpopo province. The winning bidder will also be responsible for the operations and maintenance of the facility for 5 years.

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South Africa begins commercial operations of the Greefspan II Solar PV plant

The Greefspan II solar photovoltaic power plant is the newest addition to South Africa’s operational commercial solar plants. It is located in the Northern Cape province of South Africa. The project has been established under a partnership between the fund manager African Infrastructure Investment Managers (AIIM), the Spanish company TSK and South Africa’s Umbono Energy Partners. The total capacity of the plant is 63.2 MW, with roughly 188,822 photovoltaic modules installed.

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Eskom launches Renewable Energy Tariff programme to meet clean energy commitments

South African electricity public utility, Eskom has launched a Renewable Energy Tariff pilot programme to engage with businesses who need to meet their renewable energy commitments. The programme aims to source clean electricity supply to Eskoms customers, with up to 100 per cent supply from renewable sources. This would enable businesses to meet their clean energy targets, without entering into long-term Power Purchase Agreements or investing capital in their own renewable energy generators.

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Green bond market in South Africa

Green bond issuance in South Africa has been patchy with strong issuance early on followed by small volumes in the intervening years and a bumper year in 2019. Encouragingly, there has been a good diversification of issuers including banks and cities. Supportive regulation is critical and can take the form of direct support for green bonds (subsidies etc.) or, more importantly for the energy sector, through strong and consistent policy support across planning, finance, procurement and energy.

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South Africa receives 102 bids for 2.6 GW of wind and solar projects

South Africa’s Department of Mineral Resources and Energy has received 102 bids for 2.6 GW of renewable energy projects. Of the bids received, 63 were for solar projects while 39 were for wind projects. The announcement follows South Africa’s fifth renewable energy tender, floated in March 2021 for 2.6 GW of clean energy projects.

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South African government increases PV plant licensing to 100MW

vernment of South Africa has officially increased the license requirement for embedded generating projects from 1 MW to 100 MW. The ERA schedule 2 amendment would be published within 60 days. The amendment raises the barrier for embedded generating from 1 MW to 100 MW without the need for a license.

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Fortress REIT issues $61.5 million of sustainability linked bonds

Fortress REIT (Real Estate Investments), a South African hybrid fund that invests in direct properties and other publicly traded real estate firms, has issued a total of $61.5 million in sustainability-linked bonds. The bonds will be used to increase the company’s renewable energy output and provide additional solar energy to the national grid.

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