DBSA approves R9.6bn for renewable energy projects
23 October 2012
Creamer Media's Engineering News - The Development Bank of Southern Africa (DBSA) has approved loans amounting to R9.6-billion for 14 renewable-energy projects with a combined capacity of 896.5 MW, the development finance institution reported on Monday.
These projects, which form part of the 28 successful preferred bidders of the first bid window for the Renewable Energy Independent Power Producers Programme (REIPPP), were solar focused, with the exception of one wind energy project.
The DBSA approved loans for: De Aar solar photovoltaic (PV) (48.3 MW), Droogfontein solar PV (48.3 MW), Abengoa KaXu concentrated solar power (CSP)(100 MW), Jeffrey’s Bay wind project (133.9 MW), Bokpoort CSP (75 MW), Abengoa Khi CSP (50 MW), Herbert solar PV (20 MW), Scatec solar PV (75 MW), Greefspan solar PV (10 MW), Lesedi solar PV (75 MW), Letsatsi solar PV (75 MW), Touwsrivier CSP (36 MW), Kathu solar PV (75 MW) and Kalahari CSP (75 MW).