First ‘fully local’ solar PV projects selected under REIPPPP
The 5.8 MW Adams project and the 5.8 MW Bellatrix solar project, in the Western Cape, have been selected for development under the Department of Energy’s (DoE’s) Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), becoming the first projects under the programme to be locally developed, designed, funded, constructed and operated.
The projects, sponsored by the Cape Town-based Aurora Power group, will be designed, built and operated by locally owned solar photovoltaic (PV) engineering and construction firm SOLA Future Energy, while the Industrial Development Corporation and local black-owned company Mergence Investment Managers has signed a term sheet to provide debt to the project company.
“We’re very excited to finally have a completely locally controlled, financed and constructed project. Until now, our participation had been limited by the size of the projects and the competition experienced from internationally backed independent power producers (IPPs).
“Although we’ve developed 245 MW of successful IPP projects with excellent partners over the previous rounds of bidding, we have had to sell or partner with larger international companies to meet the requirements of lenders and the market,” remarked Aurora cofounder Chris Haw.
The projects were selected under the DoE’s Small Projects IPP Procurement programme, which was intended to address criticisms that the bulk of successful projects awarded under the REIPPPP tended to be controlled or built by foreign companies.
Along with instituting a 5 MW generation capacity limit, the small projects programme required that 60% of the ownership of the projects remained in local hands and 15% be owned by small to medium-sized businesses.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.
VISIT SHOWROOM
Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
