Department of Mineral Resources and Energy
The list of preferred bidders for the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 5 has been published in Government Gazette 45431.
The mineral resources and energy department announced the preferred bidders last week.
The IPP Bid Window 5 was released to market on 12 April 2021 and is the first bidding round to be launched under the Second Section 34 Determination.
According to the mineral resources and energy minister, Gwede Mantashe, Bid Window 5 sought to “procure a total of two thousand six hundred megawatts (2 600 MW) which includes one thousand six hundred megawatts (1 600 MW) from onshore wind and one thousand megawatts (1 000 MW) from Solar PV plants”.
102 bids were submitted with capacity totalling nine thousand, six hundred and forty-four megawatts (9 644 MW).
25 Preferred Bidder Projects, procuring a total of two thousand, five hundred and eighty-three megawatts (2 583 MW), have now been selected.
The Projects will inject R50 billion into the South African economy and create 13 900 job opportunities.
The minister highlighted that a 7 percent commitment on ownership by black women in the Projects has been achieved.
The mineral resources and energy department aims to secure financial close on the projects within the next six months.
The plan is to release Bid Window 6 including 1 600 MW of onshore wind and 1 000 MW of solar PV by the end of January 2022.
In a statement, the department pointed out that the appointed Preferred Bidders are expected to start generating electricity commencing from April 2024.