http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.18Change: 0.18
R/$ = 11.55Change: 0.10
Au 1200.82 $/ozChange: 6.36
Pt 1203.70 $/ozChange: 6.20
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 12, 2012

MetroWind expects to deliver first power from PE project in 13 months

Back
Construction|Nelson Mandela Bay|Port|Port Elizabeth|Africa|MetroWind|MetroWind Community Trust|PROJECT|Projects|Renewable Energy|Renewable-Energy|Africa|South Africa|Electricity Supply Industry|Energy|Energy Developer|Power Generation|Power-generation|Eastern Cape|Mandela Bay|Donald McGillivray|Ian Curry|Power|Zanoxolo Wayile|Operations|Eastern Cape|Nelson Mandela Bay
Construction|Port||Africa|PROJECT|Projects|Renewable Energy|Renewable-Energy|Africa||Energy|Power Generation|Power-generation||Power||Operations|
construction|nelson-mandela-bay-city|port|port-elizabeth|africa-company|metrowind|metrowind-community-trust|project|projects|renewable-energy|renewable-energy-company|africa|south-africa|electricity-supply-industry|energy|energy-developer|power-generation|power-generation-industry-term|eastern-cape|mandela-bay|donald-mcgillivray|ian-curry|power|zanoxolo-wayile|operations|eastern-cape-province-or-state|nelson-mandela-bay
© Reuse this



Renewable energy developer MetroWind reported on Thursday that its R550-million, 27 MW wind farm at Van Stadens, in the Eastern Cape, was poised to start supplying power to the Nelson Mandela Bay municipality (NMBM) within the next 13 months.

Located near to Port Elizabeth, the wind farm was expected to generate about 80-million kilowatt hours a year.

The project was named, along with 27 other wind and solar projects, as a preferred development during the first bid window under the Department of Energy’s (DoE’s) Renewable Energy Independent Power Producer Programme (REIPPP).

Following the second bid window, which closed on March 5, the number of preferred projects increased to 47, representing 2 459.4 MW of potential renewables capacity to be introduced into South Africa’s power generation mix between 2014 and 2016.

In total, the DoE is aiming to procure a total of 3 725 MW under the REIPPP, which could stimulate a collective R100-billion-worth of private investment into South Africa’s electricity supply industry.

MetroWind director Ian Curry said construction at the MetroWind Van Stadens Wind Farm site should start during the third quarter of 2012 – Curry is also head of Basil Read Energy, which has a 35% interest in MetroWind.

The project, along with the other first-window REIPPP projects, was expected to reach financial closure during the course of July.

It had already been granted a 20-year generation licence by the National Energy Regulator of South Africa, as well as a special consent approval from the NMBM, signed by mayor Zanoxolo Wayile.

MetroWind Director Donald McGillivray highlighted the fact that the project was 100% South African-owned, with a black economic-empowerment component of 35%.

The MetroWind Community Trust (MCT), established to deliver corporate social investment, also owned a portion of the project. Over and above the dividends, a further 1.5% of yearly revenue would be channeled to MCT from commencement of operations.
 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Renewable Energy News
South Africa will announce a series of renewable energy projects on Monday that will add 1 000 MW of power into the country's constrained electricity grid, sources close to the deals told Reuters. Africa's most advanced economy is in the midst of a severe power...
Power management company Eaton announced on Friday that it would be providing electrical engineering services and power distribution equipment for the construction of a 5 MW solar microgrid system in Annobon province – an island off Equatorial Guinea, in central...
South Africa will increase diesel and gas imports and sign a private sector coal-fired power plant deal as it seeks to halt chronic electricity shortages, the cabinet said on Thursday. The rand fell to its weakest level against the dollar in six years this week as a...
More
 
 
Latest News
Updated 44 minutes ago China appears to have been routinely underestimating output from its sprawling steel sector, with official figures for last year alone 40-million tonnes below a key industry estimate - an amount equivalent to Germany's entire annual production. Beijing has vowed to...
Lumwana, Zambia
Canada’s Barrick Gold Corp will suspend operations at its Lumwana copper mine, in Zambia’s Northwestern province, after the country enacted legislation that raised the royalty rate on openpit mining operations from 6% to 20%. TSX- and NYSE-listed Barrick, the world’s...
The Labour Court in Johannesburg has set aside the 2011-2014 metal sector wage agreement, the National Employers' Association of SA (Neasa) said on Thursday. The 2011-2014 wage deal was the result of an agreement between the Steel and Engineering Industries...
More
 
 
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
 
 
 
 
 
This Week's Magazine
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
TO BE PHASED INTO SERVICE The first MeerKAT dish, with another 63 to come
Germany’s Max-Planck-Society (MPG) and the Max-Planck-Institute for Radio Astronomy (MPlfR) are investing €11-million (about R150-million) into South Africa’s MeerKAT radio telescope array programme. The money will be used to design, build and install S-band radio...
Infrastructure spend in sub-Saharan Africa will grow from $70-billion in 2013 to $180-billion by 2025, says PwC capital projects and infrastructure Africa leader Jonathan Cawood. This is one of the findings of PwC’s Capital Projects & Infrastructure report on East...
Private-owned defence and aerospace manufacturer Paramount Group and the Ichikowitz Family Foundation unveiled its Anti-Poaching Skills and K9 Training Academy in Magaliesburg last month.
MATT BARKER Wireless networks should enable users to engage and must provide relevant information to them based on their activity and location
The inclusion of Bluetooth to provide sub-three meter accuracy and heightened functionality for users is one of the ways to change existing wireless networks into engagement networks. An engagement network differs from common wireless networks in that it enables the...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks