South Africa: Coal miner Exxaro to submit five renewable energy bids
24 February 2012
Creamer Media's Mining Weekly.com - February 23, 2012
JOHANNESBURG – South Africa’s second-largest coal miner Exxaro Resources is moving ahead with plans to generate clean energy, CEO Sipho Nkosi said on Thursday.
Exxaro, which established a joint venture (JV) called Cennergi with an undisclosed third party, is planning five renewable energy projects – two solar and three wind.
The JV would submit tenders under the Department of Energy’s (DoE’s) ‘request for qualification and proposals for new generation capacity’ in the second bidding window, which closes on March 5.
In total, the DoE was seeking to procure 3 725 MW of renewable energy capacity from independent power producers (IPPs) between 2012 and 2016. The first bidding window closed in November last year.