The average price for wind energy in South Africa's third bidding round fell to ZAR737/MWh (EUR 54), down from ZAR1143 in the first round in 2011, energy minister Dikobe Ben Martins revealed today.
The statement, which came at the official announcement of the third-round winners, makes wind the country's cheapest energy source.
Seven projects totalling 787MW have been allocated. A consortium led by Mainstream Renewables took the lion's share with 138MW at Khobab, 138MW at Loeriesfontein 2 and 79MW at Noupoort, all in the Northern Cape.
Italy's Enel Green Power entered the market with two projects in the Eastern Cape: 110MW at Gibson Bay and 87MW at Nojoli with local partners Red Cap Investments and African Clean Energy Developments (ACED) respectively.
China's Longyuan Power in partnership with local developer Mulilo Renewable Energy also entered the market with the 139MW De Aar 2 North and 96MW De Aar Maanhaarberg projects in the Northern Cape. Guodian will supply the turbines.
Source....
The statement, which came at the official announcement of the third-round winners, makes wind the country's cheapest energy source.
Seven projects totalling 787MW have been allocated. A consortium led by Mainstream Renewables took the lion's share with 138MW at Khobab, 138MW at Loeriesfontein 2 and 79MW at Noupoort, all in the Northern Cape.
Italy's Enel Green Power entered the market with two projects in the Eastern Cape: 110MW at Gibson Bay and 87MW at Nojoli with local partners Red Cap Investments and African Clean Energy Developments (ACED) respectively.
China's Longyuan Power in partnership with local developer Mulilo Renewable Energy also entered the market with the 139MW De Aar 2 North and 96MW De Aar Maanhaarberg projects in the Northern Cape. Guodian will supply the turbines.
Source....
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