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
Berwyndale South
The Berwyndale and Berwyndale South coal seam gas fields are located on a structural high called the Undulla Nose in the Surat Basin.
$3,720
Asset Report
North Field Alpha
North Field Alpha (NFA) is the first development on Qatar's North Field. The project was sanctioned in 1987 and took four years to ...
$3,720
Asset Report
Black Mountain copper mine
A detailed analysis of the Black Mountain copper mine.
$2,250
