Scatec, a leading renewable energy company from Norway, has made a significant stride in South Africa''s solar energy sector by being awarded preferred bidder status for an impressive 846 MW solar photovoltaic (PV)
The Department has launched the third bid round under the Battery Energy Storage Independent Power Producers Procurement Programme (BESIPPPP), calling for 616 MW of new generation capacity will be procured
The list of preferred bidders for the third window of South Africa''s Battery Energy Storage Independent Power Producers Procurement Program (BESIPPPP) will be announced in February 2025.
The development of a major pumped hydro storage project in South Africa has received a major financial boost as the country looks to increase its renewable energy output. The Tubatse Pumped Storage System has been
A separate solar and storage project Scatec is building in South Africa, awarded to the firm through another procurement. Image: Scatec. Norway-based IPP Scatec has won
However, 495 MW of public utility-scale solar is boiw under construction, with 375 MW expected online in 2024 and 120 MW in early 2026. An additional 880 MW is in
The far-western reaches of Limpopo Province have long been associated with power, more specifically power from coal. As of 2025, Exxaro''s 68MW Lephalale Solar Project (LSP) will generate 176 gigawatt hours of clean
In South Africa, there''s a pressing need to hasten the deployment of utility-scale storage projects. According to recent research, South Africa''s energy market is sizable, with power demand reaching 211TWh in
South Africa''s Oasis projects will deliver 257 MW battery storage, enhancing grid stability and driving renewable energy innovation.
Independent power producer Globeleq, based in Cape Town, and its partner African Rainbow Energy have finalized the financing for the Red Sands project, a 153 MW /
This project aims to decommission one of South Africa''s oldest coal-fired power plants and replace it with 220 MW solar PV and wind power, as well as 150 MW battery storage. The
The Department of Mineral Resources and Energy (DMRE) has officially announced the five preferred bidders for South Africa''s third Battery Energy Storage
Oslo, 30 May 2025: Scatec ASA has been awarded preferred bidder status for the Haru BESS Battery Energy Storage Project totalling 123 MW/492 MWh in the third bid window of the Battery Energy Storage Independent Power Producer
A 153 MW/612 MWh battery energy storage system (BESS) planned for South Africa has taken a step forward with the signing of a supply and long-term service term sheet.
Scatec will own just over half of the project, which is 90 percent financed by project loans and the remainder by equity from the owners. "Today''s award confirms our
The third bid window of the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) is for a total of 123 MW/492 MWh. Scatec will receive payments under a 15-year agreement for
South African independent power producer NOA has reached financial close with Standard Bank on its 349 MW Khauta South Solar PV project near Welkom, Free State. The project will be the country''s
Thanzi Ramukosi explains how South Africa''s transition away from fossil fuels to a more sustainable energy mix brings with it compelling opportunities for investors.
For over 16 years, CIF and its partner multilateral development banks have been supporting South Africa to unlock the country''s full renewable potential, by bridging high up-front capital costs, reducing risks, and getting
Under a 15-year Power Purchase Agreement (PPA) with Eskom, the Oasis projects will leverage advanced battery storage technology to store energy during off-peak periods and distribute it when demand is highest.
Abstract and Figures Despite the significant slowdown of economic activity in South Africa by virtue of the COVID-19 outbreak, load shedding or scheduled power outages
Abstract and Figures Despite the significant slowdown of economic activity in South Africa by virtue of the COVID-19 outbreak, load shedding or scheduled power outages remained at a high level.
Norwegian renewables firm Scatec ASA (OSL:SCATC) said on Friday it has been selected as preferred bidder for a 123-MW/492-MWh battery energy storage system
Earlier this month, Amp Energy, an energy transition platform provider backed by the Carlyle Group, announced the closing of project financing to construct the first stage of its 250 MW/500 MWh Bungama battery energy
The estimated total capex for the battery energy storage project is ZAR 2.2 billion (USD 120 million) of which Scatec''s EPC contracts account for approximately 80%. The project will be financed by 90% non-recourse project
The far-western reaches of Limpopo Province have long been associated with power, more specifically power from coal. As of 2025, Exxaro''s 68MW Lephalale Solar Project
South Africa (1,108 MW) remains the leader, but installations fell 33% compared to 2023, returning to more typical levels after last year''s record-breaking boom. Egypt surged
Scatec, a renewable energy solutions provider, announced financial closure for the 103 MW/ 412 MWh Mogobe battery energy storage system (BESS) in South Africa. The estimated total capex for the energy
Exciting developments are on the horizon for South Africa''s energy landscape as the 153 MW/612 MWh Red Sands battery energy storage system (BESS) project reaches a
The large-scale renewable energy industry has seen growth in 2024. The total large-scale renewable energy market size in terms of installed capacity in 2024 was 15 GW of renewable
Overview of South Africa''s energy sector Increasing investment is urgently needed to develop a reliable clean energy supply in South Africa as the country suffers regular power outages and
We applaud the South African government’s commitment and dedication to the renewable energy procurement programmes. Battery energy storage will continue to play an important role in the energy transition, and we will continue to be at the forefront across our core markets,” says Scatec CEO Terje Pilskog.
The estimated total capex for the battery energy storage project is ZAR 2.2 billion (USD 120 million) of which Scatec’s EPC contracts account for approximately 80%. The project will be financed by 90% non-recourse project debt and the remaining by equity from the owners.
Unveiled in 2023, thanks to $195 million from the International Bank for Reconstruction and Development (IBRD) and $220 million from AfDB, this flagship project represents the largest battery energy storage system (BESS) on the African continent.
By integrating battery storage solutions into its energy framework, the country aims to address ongoing energy challenges while ensuring long-term security and sustainability. Mulilo and its partners have plans to expand their portfolio of battery energy storage systems, building on the momentum of the Oasis projects.
South Africa is aiming to procure utility-scale battery storage with two tender programmes: its Battery Storage IPP Procurement Programme as well as hybrid battery storage and variable renewables projects through its Risk Mitigation IPP Procurement Programme.
In 2022, this led to unprecedented load shedding of more than 8 terawatt-hours (TWh), which was a fourfold increase in unmet demand compared with the previous year. As a result, the South African government is using its Independent Power Producer (IPP) Procurement Programmes to allocate firm capacity, including battery storage.
