Department of Mineral Resources and Energy (DMRE) in South Africa has selected the preferred bidder for energy infrastructure development under Risk Mitigation IPP Procurement Programme (RMIPPPP). RMIPPPP aims to alleviate the electricity supply constraints and to reduce the extensive utilization of diesel-based peaking electrical generators in the medium-to-long-term.
The evaluation process has resulted in the selection of 8 (eight) Preferred Bids totaling 1,845 MW and a further 3 (three) Eligible Bids totaling 150MW. The selected bids are from:
The solutions provided by these preferred bidders form a combination of a range of technologies that include Solar PV, Wind, Liquified natural gas, and battery storage. The prices for the proposed solutions range from ZAR 1486 (US$ 100.27) per MWh to ZAR 1885 (US$ 127.19) per MWh.
The International Finance Corporation (IFC) is considering a potential equity investment of US$25 million in Convergence Partners Digital Infrastructure Fund (CPDIF). The main focus of the fund i...
Read moreThe Northern Cape Department of Transport, Safety and Liaison (NCDTSL) have launched a Request for Qualification (RFQ) to optimize the De Aar Logistics Hub in Northern Cape, South Afric...
Read moreAfrican Infrastructure Investment Managers (AIIM has acquired a minority equity stake in MetroFibre Networx (Pty) Ltd, a South African open-access fibre network operator, through the newly incorporate...
Read moreThe Gautrain Management Agency (GMA) in South Africa has announced that the Gautrain network expansion project is awaiting approval from the National Treasury office. The expansion is planned&nbs...
Read moreGAIA Fund Managers and Kruger International Asset has announced listing of South Africa’s first fund focused on renewable energy projects - GAIA fund 1. The fund is listed on 4 Africa...
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