These projects mark a significant step forward in Enel Green Power growth strategy in Africa.
Rome, October 31st, 2013 Enel Green Power (EGP) has been awarded with the right to sign energy supply contracts with the South Africa utility Eskom for 314 MWp of solar projects and 199 MW of wind projects (for a total of 513 MW) in the third round of the REIPPPP (Renewable Energy Independent Power Producer Procurement Programme) renewable energy tender sponsored by the South African government. Out of the amount awarded in the third round as of today, these projects represent more than 65% and 25% for solar PV and wind respectively.
In line with the rules of the REIPPPP, EGP has participated to the tender retaining a controlling 60% stake in the bidding vehicles in partnership with relevant local players.
The four PV solar projects (Aurora, Tom Burke, Paleisheweul and Pulida) will be located across the country in the Northern Cape, Western Cape, Free State and Limpopo regions, in areas boasting the highest concentration of solar radiation in the country. The two wind projects (Gibson Bay and Cookhouse) will be built in the Eastern Cape region in areas with an extremely high wind resource.
Once completed, these six new projects, requiring a total investment of approximately 630 million euros, will be able to generate more than 1.300 GWh per year, a sustainable contribution to the rising energy demand of the country in a clean and environmental friendly way.
The projects will be completed and enter operation in 2016. This result meets the EGP strategic growth guidelines in new and emerging markets as set in the business plan 2013-2017
The solar PV projects have been engineered with the thin film module produced by the joint venture 3Sun, equally owned by Enel Green Power, STMicroelectronics and Sharp.
These new projects are added to the one a subsidiary of ESSE, the equally-owned joint venture of Enel Green Power & Sharp currently has under construction in the country at Upington.
Enel Green Power is the Enel Group company fully dedicated to the development and management of renewable energy sources at the international level, with operations in Europe and the Americas. The company generated more than 25 billion kWh in 2012 from water, sun, wind and the Earths heat - enough to meet the energy needs of approx. 10 million households and avoid the emission of over 18 million tonnes of CO2 into the atmosphere. Enel Green Power is a world leader in the sector thanks to its well-balanced generation mix, providing generation volumes well over the sector average. The company has an installed capacity of approximately 8,700 MW from a mix of sources including wind, solar, hydroelectric, geothermal, and biomass. Currently, the company has approximately 740 plants operating in 16 countries in Europe and the Americas.
All Enel Green Power press releases are also available in versions for smart phones and tablets.
You can download the Enel Mobile app at: Apple Store, Google Play and BlackBerryApp World
Enel S.p.A. provides for the dissemination to the public of regulated information by using SDIR NIS, managed by BIt Market Services, a London Stock Exchange Group's company, with registered office at Milan, Piazza degli Affari, 6. For the storage of regulated information made available to the public, Enel S.p.A. has adhered, as from July 1st, 2015 to the authorized mechanism denominated “NIS-Storage”, available at the address www.emarketstorage.com, managed by the above mentioned BIt Market Services S.p.A. and authorized by CONSOB with the resolution No. 19067 of November 19th, 2014. From May 19th 2014 to June 30th 2015 Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by CONSOB with resolution No. 18852 of April 9th, 2014