About South africa green energy storage project bidding
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4 FAQs about [South africa green energy storage project bidding]
Who is a preferred bidder for the Mogobe (Ferrum) battery energy storage project?
Oslo, 30 November 2023: Scatec ASA has been awarded preferred bidder status for the Mogobe (Ferrum) battery energy storage project totalling 103 MW/ 412 MWh under the first bid window of the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) in South Africa, by the Department of Mineral Resources and Energy.
Where are dispatchable energy & grid infrastructure located in South Africa?
The project is located near Kathu, Northern Cape, close to high power demand centres. “We are showing and supporting that dispatchable energy and grid infrastructure are cornerstones to the sustainability of South Africa’s current and future energy system.
How much does Scatec's battery energy storage project cost?
The estimated total capex for the battery energy storage project is ZAR 3.1 billion (USD 163 million) of which Scatec’s EPC contracts account for approximately 83%. The project will be financed by ZAR 2.6 billion (USD 138 million) of non-recourse project debt and the remaining by equity from the owners.
Are dispatchable energy and grid infrastructure sustainable?
“Once again, we have shown that dispatchable energy and grid infrastructure are cornerstones to the sustainability of South Africa’s current and future energy system,” adds Jan Fourie, EVP Sub-Saharan Africa, Scatec. The request for proposal was issued on 7 March 2023, and bid submission on 2 August 2023.
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