EDF Renewables building 1.2 GW of power generation capacity in SA

edf renewables building 1.2 gw of power generation capacity in sa

EDF Renewables building 1.2 GW of power generation capacity in SA

EDF Renewables in South Africa is currently leading the construction of almost 1,2 GW of low carbon power generation capacity in the country, including 763 MW wind power, 355 MW solar PV and 75 MW of battery storage.

This new build programme, consists of eight sites across the Northern and Eastern Cape Provinces, developed by EDF Renewables and its partners.

The following projects all reached Financial Close between November 2022 and February 2024, and will rapidly contribute towards alleviating South Africa’s power shortage:

  • The Koruson 1 cluster of three wind farms (Phezukomoya, San Kraal and Coleskop), in partnership with H1 Holdings, GIBB-Crede and a local community trust, with a total installed capacity of 420 MW.
  • The Koruson 2 cluster, in partnership with Anglo American, under their joint venture, Envusa Energy. Comprising the Umsobomvu, Mooi Plaats, and Hartebeesthoek wind and solar farms, Koruson 2 will have a total electricity generation capacity of 520 MW. The project will include the incorporation of a 20% equity investment by Pele Green Energy (Pty) Ltd alongside a local community trust.
  • The Umoyilanga hybrid power plant, in partnership with Perpetua Holdings (Pty) Ltd. Umoyilanga is an innovative virtual power plant that will deliver 75 MW of dispatchable power, combining 115 MW of solar PV, 63 MW of wind power and 75 MW of battery storage spread across two sites, Dassiesridge and Avondale, which are 900km apart.

The total investment across these projects is R34bn.

The construction works are now progressing rapidly towards commissioning, and the respective Commercial Operations Dates are planned between the end of 2024 and 2026.

These power plants will contribute significantly to reducing the energy deficit, by providing close to 4TWh of low carbon electricity to the national grid per annum. In South Africa, the total energy shortage reached 14.4TWh in 2023, as indicated by Eskom.

While less than 1 GW of utility scale generation projects have been commissioned in the country since 2020, this new capacity shows that the deployment of renewable power is now accelerating rapidly.

The EDF Renewables projects are creating a significant number of jobs and small business opportunities are being encouraged through entrepreneurial programmes and use of local resources wherever possible. Approximately 40% of the projects’ value will comprise South African goods and services, and approximately 1% of revenue generated by the projects over their contractual period, will be applied to socio-economic development initiatives for nearby local communities.

Tristan de Drouas, CEO of EDF Renewables in South Africa, commented: “Our projects under construction will contribute towards meeting the energy needs of South Africans, both through government programmes and through private channels for Anglo American mines via our joint trader Envusa Energy. These constructions will have a visible impact on the current power shortage, which is a very good news for the country, and a source of pride for the teams. They are a tangible illustration of the capabilities of the EDF Group to deliver low-carbon energy solutions in South Africa.”

BUSINESS REPORT

OTHER NEWS

20 minutes ago

Trump agrees to VP debate on Fox after Biden campaign accepts CBS invite

20 minutes ago

Wegovy weight loss benefits sustained in longest medical trial to date

20 minutes ago

‘Doctor of Litter-ature’: Max the cat gets honorary degree at University of Vermont

20 minutes ago

‘No plans to take Kharkiv’ – Putin says Russia only wants to use region as a buffer zone

21 minutes ago

The Coffee Table review – horror comedy takes its cue from gaudy furniture item

21 minutes ago

Moncton Wildcats team scores celebrated UNB hockey coach

21 minutes ago

Could Juan Soto secure a record-breaking deal with the Yankees?

21 minutes ago

Rookie Christian Scott has first rocky start, Mets get shut out in loss to Marlins

21 minutes ago

LA Chargers mock Harrison Butker, Taylor Swift and Aaron Rodgers in hilarious Sims video

21 minutes ago

Huskies Gain Offensive Line Help, Land Juco All-American Maximus McCree

22 minutes ago

The 5 longest games in NHL history

24 minutes ago

Video: BORIS JOHNSON: The Tesla ride with my wife and baby around the hair-raising roads of Los Angeles that convinced me driverless cars ARE the future

26 minutes ago

How to eat out when you want to lose weight

26 minutes ago

Rohit Sharma wants recording stopped after deleted KKR video: ‘Ek audio ne mera waat laga diya’

26 minutes ago

Chelsea vs Bournemouth tips and predictions: Blues on hunt for European return

26 minutes ago

Avoid These 5 Money Mistakes Americans Make

30 minutes ago

New Caledonia riots: parts of territory ‘out of state control’, French representative says

30 minutes ago

Have we forgotten what actually happens in sex education?

30 minutes ago

Transurban disputes report suggestions

30 minutes ago

Up 79% in a month, is Angle a penny stock worth considering?

30 minutes ago

Britney Spears shares clip of bruised foot as she gives another update on injury sustained during THAT drama-filled night at Chateau Marmont

30 minutes ago

Inside MAFS' Jake Edwards and Claire Rankin's wedding: Couple exchange vows in front of their loved ones in a stunning barn... while their beloved dog Kuda has an extra special role

31 minutes ago

Elizabeth Hurley: Damian isn't a 'mummy's boy'

32 minutes ago

Demi Moore turns heads in blue bejeweled gown as she joins Eva Longoria and Lily Gladstone in leading the stars at Cannes Film Festival's Chopard Trophy Awards ceremony

32 minutes ago

Chrissy Teigen and husband John Legend are SLAMMED as 'entitled' as viral TikTok accuses couple of 'kicking out' group of girls from photo booth at starry NYC bash so they could use it for THEMSELVES

32 minutes ago

The 84-Year-Old Man Who Saved Nvidia

32 minutes ago

Meet Salim Ramji, Who Is Going to Oversee the Retirement Assets of Tens of Millions of Americans

32 minutes ago

Stars knock out Avs in double OT, headed to Western Conference Finals

33 minutes ago

Arsenal transfer news: Aaron Ramsdale has 'agreed' summer move

33 minutes ago

Coalition ‘say no every time and they’re wrong every time’: Anthony Albanese

36 minutes ago

Microsoft looking to relocate hundreds of China-based workers as diplomatic tensions rise

36 minutes ago

Only 2 of the Chiefs’ drafted players remain unsigned

36 minutes ago

Haider Ackermann Is The New Creative Director Of Canada Goose

39 minutes ago

Tottenham boss Ange Postecoglou makes clear who his Spurs fury is aimed at

39 minutes ago

'BJP has multiple ways to change Constitution': RJD's Manoj Jha slams Amit Shah

39 minutes ago

Newcastle were rinsed by Ashley signing who's not played a game since 2021

39 minutes ago

#TheMoment a snow leopard gave birth to two cubs at the Toronto Zoo

39 minutes ago

Fans involved in clashes let themselves down – Southampton boss Russell Martin

39 minutes ago

Victorian Labor State Conference stormed by pro-Palestinian protesters as venue locked down

39 minutes ago

Voter turnout in fourth phase clocks 69.2%, highest till now

Kênh khám phá trải nghiệm của giới trẻ, thế giới du lịch