Norwegian renewable energy firm Scatec ASA has emerged as the preferred bidder for a 288 MW PV project in South Africa. The projects will run under a 20-year Power Purchase Agreement. South Africa’s Department of Mineral Resources and Energy expects commercial close for REIPPPP Bid Window 7 in the second half of 2025. The project is part of the seventh round of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Scatec will hold a 50.9% equity stake of the project and will oversee its engineering, procurement, construction (EPC), operations, maintenance, and asset management.
Scatec ASA secures 288 MW solar project under South Africa’s REIPPPP
Scatec holds 50.9% equity of the 288 MW solar project and will manage the EPC, O&M, and AM services. (Image Source: Scatec)