Who are the preferred bidders for a battery energy storage system?
A consortium consisting of renewable energy developer, Mulilo, and independent power producer, EDF Renewables, has been selected as the preferred bidders for three battery energy storage system (BESS) projects in South Africa.
How many battery energy storage projects were awarded in South Africa?
A total of five projects were awarded under South Africa’s first Battery Energy Storage Procurement Programme by the Department of Mineral Resources and Energy. The three South African projects include:
How much does Scatec's battery energy storage project cost?
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.
Is a preferred bidder a significant step in Mulilo's growth journey?
Robert Helms, partner at CIP, commented in a release: “Securing preferred bidder status for the majority of the procured capacity in South Africa’s first public battery storage tender together with EDF marks a significant step in the accelerated growth journey of Mulilo.”
What is the risk mitigation IPP procurement programme in South Africa?
Within its Risk Mitigation IPP Procurement Programme, South Africa also signed project agreements with six hybrid solar PV, wind and battery storage projects that could see more than 400 MW of capacity added.
How will Bess projects impact South Africa's Energy Security?
As South Africa continues to grapple with frequent blackouts and load shedding, these BESS projects will help mitigate risks and contribute to the country’s energy security. The Gainfar Project will be connected to the Ngwedi substation, while the Boitekong Project will be connected to the Marang substation.
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