Insight
South Africa’s renewables era revived with Bid Window 5
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 28 October, Minister Mantashe announced the preferred bidders for Bid Window 5 of the REIPPPP program. The wind and solar capacity on offer were 3.5 and 4.5 times oversubscribed, respectively, and 25 independent power producers committing to build 2,583 MW of new capacity were identified to sign 20-year PPAs and interconnect their projects by April 2024. This note offers insights into the winning bidders' possible winning strategies and the drivers behind strikingly low proposed prices. It notes the risks facing these proejcts due to supply chain constraints and high commodity prices. Finally, it delves into the dynamics of South Africa's fast-changing power sector landscape as the country is committing to accelerate its energy transition efforts with support from a bloc of advanced economies.
Table of contents
- Low solar and wind bids and novel climate financing to accelerate coal phase-out
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Beatrix (including Oryx from 2001) mine
A detailed analysis of the Beatrix (including Oryx from 2001) gold mine.
$2,250
Asset Report
South Pars Phase 1
South Pars is a super-giant gas field located in the Persian/Arabian Gulf. Iran shares the field with Qatar, where it is known as the ...
$3,720
Asset Report
MWS Tailings gold mine
A detailed analysis of the MWS Tailings gold mine.
$2,250
