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OASIS 1 Battery energy storage systems projects all achieve Financial Close
The three Oasis 1 battery energy storage systems (BESS) projects, led by EDF group in collaboration with Mulilo, Pele Green Energy and Gibb Crede, reached financial close in November 2024. Awarded in the first round of South Africa’s Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP), the projects are
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OASIS 1: Mookodi BESS Project reaches Commercial Close
In less than a year after being awarded under the DMRE’s Energy Storage Independent Power Producers Procurement Programme (ESIPPPP), the Oasis 1: Mookodi battery energy storage systems (BESS) project reached commercial close on 16 October 2024, with the signing of project documents in Cape Town, in the presence of the
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EDF Renewables now building 1,2 GW of power generation capacity in South Africa
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 important new build programme, consists of eight sites across the Northern
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Envusa Energy completes project finance for 520MW of wind and solar projects in South Africa
Anglo American announces that its jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has completed the project financing for its first three wind and solar projects in South Africa. The terms and structure of this non-recourse project financing are typical of high-quality renewable energy infrastructure assets. These three
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