AMEA Power has been awarded a 120 MW solar photovoltaic (PV) project in South Africa as part of the Renewable Energy Independent Power Producer Procurement (REIPPP) Programme's Sixth Bid Submission Phase.
Under a 20-year Power Purchase Agreement, the Doornhoek PV Project will sell electricity to Eskom. By mid-2023, construction of the Doornhoek PV Project will begin, utilizing more than 45% of locally sourced materials and resources.
The solar farm in the North West Province will power 25,000 households with 325 GWh of clean electricity per year. It will offset 290,000 tonnes of CO2 yearly.
The African Development Bank (AfDB) has approved a US$20 million equity investment for Evolution III (EVIII), an Africa-focused energy and infra fund managed by Cape Town-based Inspired Evolution in Africa.
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Scatec Solar and partners have grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex.
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UK Climate Investments (UKCI) has announced a planned ZAR500 million (US$36.5 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited.
Read moreThe African Development Bank (AfDB) has announced that its Board of Directors has approved a senior loan of ZAR3 billion (US$228.6 million) to the 100 MW Redstone Concentrated Solar Power (CSP) Project. The total cost of the project is US$789 million.
Read moreEnel Green Power RSA, the Enel Group’s South African renewables company, has signed project financing agreements a portfolio of five new wind projects, totalling roughly 700 MW of capacity.
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