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South Africa Procurement News Notice - 85970


Procurement News Notice

PNN 85970
Work Detail Infinity Power, in partnership with Pele Green Energy, has secured six solar projects with a combined capacity of 1.28 GW in the Seventh Round of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). These projects will triple Infinity Power’s current generating capacity in South Africa, furthering its mission to deploy 10 GW of renewable energy across Africa by 2030. The six Solar PV power plants, with a 51% stake held by Infinity Power and 49% by Pele Green Energy, include the 240 MW Highveld Solar in Mpumalanga, 240 MW Palladium Solar 1 in Limpopo, 240 MW Copper Solar 1 in Limpopo, 150 MW Vanadium Solar 1 in Limpopo, and the 220 MW and 190 MW Onderstepoort Solar 1 and 2 in North West Province, respectively. Once operational, these projects will significantly contribute to South Africa’s renewable energy landscape and accelerate the transition to sustainable power solutions across the continent. Mohamed Ismail Mansour, Chairman of Infinity Power, stated, “We have been supporters and partners in South Africa’s transition to cleaner, cheaper forms of electricity for almost a decade. Today, we have added significantly to our footprint in the country and reaffirmed our commitment to powering its future. South Africa will be a key component of our goal to deploy 10GW of renewable capacity by 2030 across Africa, and to light up the continent. We look forward to working with our partners at Pele Green Energy to deliver these 1.28 GW of solar power, bringing our complementary skills to bear.” Nayer Fouad, CEO of Infinity Power, also commented, “We look forward to building these projects promptly, and contributing to South Africa’s energy supply. Our track record in the country over the last decade speaks for itself, as does our commitment to investing in the communities where we operate across South Africa. I want to thank our partners, Pele Green Energy, as we continue our productive relationship with them.” Gqi Raoleka, CEO of Pele Green Energy, mentioned, “This achievement is a testament to the strength of our partnership and the collaborative power of two leading African Independent Power Producers (IPPs). Together with Infinity Power, we are proud to drive Africa’s energy future forward, delivering clean, reliable energy to the grid while uplifting local communities through job creation and skills development. This partnership highlights our shared commitment to advancing renewable energy solutions that benefit both South Africa and the continent as a whole.” Under the Programme, Infinity Power and Pele Green Energy are expected to finalize Implementation Agreements and Power Purchase Agreements with South Africa’s Department of Mineral Resources and Energy and Eskom within the next eight months. Development and construction will begin shortly after these agreements are signed. Once operational, the projects will collectively prevent approximately 3.2 million tonnes of carbon dioxide emissions and create around 6,500 direct and indirect jobs during their construction and operation. Additionally, Infinity Power plans to build on its strong commitment to community investment, having already allocated over $3 million to support initiatives in South Africa, Senegal, and Egypt. These efforts reflect the company’s dedication to promoting sustainable development alongside renewable energy expansion.
Country South Africa , Southern Africa
Industry Energy & Power
Entry Date 27 Dec 2024
Source https://solarquarter.com/2024/12/25/infinity-power-and-pele-green-energy-win-1-28-gw-solar-projects-in-south-africas-reipppp-round-7/

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