R9-billion wind projects to start next year

November 22nd, 2013, Published in Articles: Energize

A consortium led by global wind and solar company Mainstream Renewable Power has been awarded preferred bidder status by the Department of Energy (DoE) for three large-scale wind energy projects in the Northern Cape with a total generation capacity of 360 MW. The award was made under the third round of the REIPPP programme. The company is also part of a consortium which was awarded 238 MW of wind and solar projects in the first round of the programme in 2011 and the three projects are on track to be fully operational in mid-2014. The projects, which represent an investment of approximately R9-billion, are expected to reach financial close by August next year and to commence construction shortly thereafter. The company is now the leading developer of renewable energy in South Africa, with three wind and solar projects due to be operational in the coming months and a further three large-scale wind farms due to start construction next year.

Contact Davin Chown, Mainstream, Tel 021 657-4040, david.chown@mainstreamrp.com

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