Mainstream on track to secure latest South African wind farm deals
Ireland-based developer already in process of delivering about 850MW of wind and solar power in the country.
Mainstream Renewable Power looks set to secure its latest round of South African contract wins, after it was awarded preferred bidder status for 250MW of wind energy projects as part of a government tender.
A consortium led by the Irish wind and solar company was last week awarded the status for two projects by the country’s Department of Energy, paving the way for about €420m (£308m) of fresh investment in the country’s fast-expanding renewable energy sector.
The 140MW Kangnas Wind Farm in the Northern Cape and the 110MW Perdekraal East Wind Farm located in the Western Cape add to the 848MW of wind and solar projects Mainstream has been awarded under the South African government tender programme since 2011.
The latest deals underline Mainstream’s position as the most successful developer in the tender programme, having secured move development contracts than any other player in the market.
In addition to the two projects awarded this month, Mainstream is currently building three wind farms in South Africa’s Northern Cape, totalling 360MW, which were awarded under Round 3 of the programme. And last year the company delivered three wind and solar facilities into commercial operation in South Africa under the first round of the programme.
Barry Lynch, Mainstream’s managing director for onshore procurement, construction and operations, said green energy ticks three “important boxes” for South Africa.
“First, the cost of these projects is now cheaper than new coal-fired generation. Second, they can be brought into commercial operation at the speed required and third, they meet the scale needed to address the country’s growing electricity demand,” he said. “Mainstream is once again delighted to be able to play a leading role in South Africa’s burgeoning renewable energy sector.”
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