Financial close for 25 MW biomass project in South Africa
Sappi and Fusion Energy have reached financial close on the 25 MW Ngodwana Energy Biomass Project, the first biomass project procured under South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
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Country news
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April 10, 2018
Scatec Solar signs US$400 million solar projects in South Africa
Scatec Solar has announced that it has signed all project documents with its partners and shortly expects to achieve financial close for three solar PV plants to be located in Upington, South Africa with a total generation capacity of 258 MW.
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April 05, 2018
South Africa signs PPAs for 2,300 MW renewable projects
South Africa's Minister of Energy has announced the signing of power purchase agreements (PPAs) for 27 projects procured under rounds 3.5 and 4 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPP). This is the biggest IPP procurement by the Department of Energy to date, representing a total of ZAR56 billion (US$4.7 billion) of investment and over 2300 MW of generation capacity to be added to the grid over the next five years.
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March 15, 2018
Legal challenge delays signing of US$4.7 billion renewable projects in South Africa
The government of South Africa has delayed the much-anticipated signing of 27 PPA contracts under the country's renewable independent power producer procurement programme (REIPPPP) following a legal objection issued by the National Union of Metalworkers of South Africa (Numsa) and Transform RSA.
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September 04, 2017
Eskom to sign South African PPAs by the end of October
The Government of South Africa has announced that Eskom must sign the independent power producer (IPP) power purchase agreements (PPAs) by the end of October.
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February 01, 2017
Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II
Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.
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