ENEL GREEN POWER AWARDED 513 MW IN SOUTH AFRICA PHOTOVOLTAIC AND WIND AUCTION

Published on jueves, 31 octubre 2013

Enel Green Power has been awarded four energy supply contracts with solar PV projects for a total of 314 MWp and two energy supply contracts with wind projects for a total of 199 MW in South Africa.
These projects mark a significant step forward in Enel Green Power growth strategy in Africa.

Rome, October 31st, 2013 – Enel Green Power (EGP) has been awarded with the right to sign energy supply contracts with the South Africa utility Eskom for 314 MWp of solar projects and 199 MW of wind projects (for a total of 513 MW) in the third round of the REIPPPP (Renewable Energy Independent Power Producer Procurement Programme) renewable energy tender sponsored by the South African government. Out of the amount awarded in the third round as of today, these projects represent more than 65% and 25% for solar PV and wind respectively.

In line with the rules of the REIPPPP, EGP has participated to the tender retaining a controlling 60% stake in the bidding vehicles in partnership with relevant local players.

The four PV solar projects (Aurora, Tom Burke, Paleisheweul and Pulida) will be located across the country in the Northern Cape, Western Cape, Free State and Limpopo regions, in areas boasting the highest concentration of solar radiation in the country. The two wind projects (Gibson Bay and Cookhouse) will be built in the Eastern Cape region in areas with an extremely high wind resource.

Once completed, these six new projects, requiring a total investment of approximately 630 million euros, will be able to generate more than 1.300 GWh per year, a sustainable contribution to the rising energy demand of the country in a clean and environmental friendly way.

The projects will be completed and enter operation in 2016. This result meets the EGP strategic growth guidelines in new and emerging markets as set in the business plan 2013-2017

The solar PV projects have been engineered with the thin film module produced by the joint venture 3Sun, equally owned by Enel Green Power, STMicroelectronics and Sharp.

These new projects are added to the one a subsidiary of ESSE, the equally-owned joint venture of Enel Green Power & Sharp currently has under construction in the country at Upington.


Enel Green Power is the Enel Group company fully dedicated to the development and management of renewable energy sources at the international level, with operations in Europe and the Americas. The company generated more than 25 billion kWh in 2012 from water, sun, wind and the Earth’s heat - enough to meet the energy needs of approx. 10 million households and avoid the emission of over 18 million tonnes of CO2 into the atmosphere. Enel Green Power is a world leader in the sector thanks to its well-balanced generation mix, providing generation volumes well over the sector average. The company has an installed capacity of approximately 8,700 MW from a mix of sources including wind, solar, hydroelectric, geothermal, and biomass. Currently, the company has approximately 740 plants operating in 16 countries in Europe and the Americas.

 

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Economic | octubre, 31 2013

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