The 896.5 MW of capacity represents about 24% of the 3 725 MW South Africa is procuring under the REIPPP.
These projects form part of the 28 successful preferred bidders of the first bid window for the Renewable Independent Power Producers Programme (representing 1 416 MW of the 3 725 MW target) launched by the Department of Energy in August 2011.
The Group Executive for Investments at the DBSA, Mr. TP Nchocho said, “The energy sector is faced with a number of challenges. We believe this investment in the local power generation and transmission infrastructure will stimulate the development of the green economy which is a key priority in creating jobs and growing the South African economy”.
“Like all other transactions, these projects were subjected to the Bank’s environmental appraisal guidelines to ascertain their impact towards the environment. After a thorough environmental analysis conducted on these projects, we are confident that investment in the solar energy programme would have less adverse impact on climate change and the environment”, he added.
This loan facility signifies the Bank’s commitment to support the government’s national priorities through financing infrastructure programmes that are geared to improve the security of energy supply which is needed to accelerate the economic growth of South Africa.
Breakdown of these projects is as follows:
|
|
Project Name
|
Technology
|
Capacity
|
Total DBSA Exposure
|
Province
|
|
(MW)
|
|||||
|
1
|
De Aar Solar
|
Solar PV
|
48.3
|
647
|
Northern Cape
|
|
2
|
Droogfontein
|
Solar PV
|
48.3
|
650
|
Northern Cape
|
|
3
|
Abengoa KaXu
|
Solar CSP
|
100
|
1,300
|
Northern Cape
|
|
4
|
Jeffrey’s Bay
|
Wind
|
133.9
|
1,057
|
Eastern Cape
|
|
5
|
Bokpoort
|
Solar CSP
|
75
|
1,900
|
Northern Cape
|
|
6
|
Abengoa Khi
|
Solar CSP
|
50
|
600
|
Northern Cape
|
|
7
|
Herbert
|
Solar PV
|
20
|
160.5
|
Northern Cape
|
|
8
|
Scatec
|
Solar PV
|
75
|
350
|
Northern Cape
|
|
9
|
Greefspan
|
Solar PV
|
10
|
110
|
Northern Cape
|
|
10
|
Lesedi
|
Solar PV
|
75
|
400
|
Free State
|
|
11
|
Letsatsi
|
Solar PV
|
75
|
400
|
Northern Cape
|
|
12
|
Touwsrivier
|
Solar CPV
|
36
|
470
|
Western Cape
|
|
13
|
Khathu
|
Solar PV
|
75
|
521
|
Northern Cape
|
|
14
|
Kalahari
|
Solar CSP
|
75
|
1103
|
Northern Cape
|
|
Total
|
|
896.5 MW
|
R 9,668.50 billion
|
|
|
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Issued by the Development Bank of Southern Africa
-
For More Information Contact -
Name: Jacky Mashapu
-
Email: jackym@dbsa.orgThe Development Bank is a leading Development Finance Institution (DFI) in Africa South of the Sahara, playing the roles of Financier, Advisor, Partner, Implementer and Integrator. The Bank maximizes its contribution to sustainable development in the region by mobilising financial, knowledge and human resources to support Government and other development role-players in improving the quality of life of people in the region through funding infrastructure projects; accelerating the sustainable reduction of poverty and inequity; and promoting broad-based economic growth and regional economic integration.”
