Scatec ASA, a global leader in renewable energy, has been named the preferred bidder for a 288MW solar project in the seventh round of South Africa's Department of Mineral Resources and Energy Renewable Energy Independent Power Producer Procurement Programme (REIPPPP)
Once operational, the projects will supply much-needed energy under a 20-year power purchase agreement (PPA).
The Department of Mineral Resources and Energy anticipates commercial close for the REIPPPP Bid Window 7 in the latter half of 2025.
“This marks another significant achievement for Scatec in South Africa and for the renewable energy transition in the country. Today’s award reaffirms our standing as a leading renewable energy player in South Africa. We applaud the South African government’s commitment and dedication to the renewable energy procurement programmes,” said Scatec CEO Terje Pilskog.
Scatec will hold 50.9% of the equity in the projects, providing engineering, procurement, and construction (EPC) services, as well as operations & maintenance (O&M) and asset management (AM) services.
Scatec wins 288MW solar bid
The projects will supply much-needed energy under a 20-year power purchase agreement (PPA). (Image source: Scatec)
