The Department of Mineral Resources and Energy (DMRE) said yesterday an additional three renewable energy projects had signed project agreements, with an investment value of R9.3 billion, under the 5th bid window of the renewable energy independent power producer procurement programme.
Minister of Mineral Resources and Energy Gwede Mantashe yesterday highlighted that this achievement was particularly significant as it also celebrated the signing of the 100th Power Purchase Agreement (PPA) and Implementation Agreement (IA) since the IPP Procurement Programme was launched in South Africa.
The three projects, all procured from onshore wind technologies, would be developed by Cape-Town-based Independent Power Producer Red Rocket South Africa.
The projects would contribute a total of 364MW of renewable energy to the national grid. These projects are Brandvalley Wind Farm (140MW) and Rietkloof Wind Farm (140MW) in the Western Cape, and Wolf Wind Farm (84MW) in the Eastern Cape.
Once these projects had reached financial close, the construction timeline was expected to be 24 months.
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