The University of the Western Cape (UWC), South Africa, has issued a tender to construct and operate a 4 MW PV System and Battery Energy Storage System (BESS) under a Build, Operate, and Transfer model. According to UWC, bidders will be responsible for construction, operation, and eventual transfer. The project requires a 20-year performance commitment, including maintenance, technology upgrades, and optimization for efficiency. Bidders must provide financial statements, anti-collusion declarations, insurance proof, and references. A non-refundable fee of ZAR 150,00 applies. The electronic tender will be available from October 7-11, 2024, with a submission deadline of November 11, 2024. Shortlisted candidates proceed to Phase 2 on November 22, 2024.
UWC seeks bidders for a 4 MW solar and BESS project
UWC’s tender process includes a strict submission deadline of November 11, 2024, with Phase 2 starting November 22. (Image Credit/Source: Kindel Media/Pexels)
ArcTern’s $7 million investment will help King Energy extend its solar financing platform for property owners and tenants. (Image Source: ArcTern Ventures)
TPREL offers quality assurance and long-term support for solar solutions, ensuring households benefit for years. (Image Source: TataPower)
Jefferies revised its forecast, predicting lower-than-expected volumes for First Solar through 2026. (Image Credit/Source: Sora Shimazaki/Pexels)
The financing includes a €420 million senior debt facility and €260 million Holdco financing for Southern Europe solar projects. (Image Source:BNZ)