SA’s renewables production costs minimised at high penetration levels, NREL study shows

Preliminary Findings of the South Africa Power System Capacity Expansion and Operational Model Study (2.38 MB) Download NREL research engineer Erol Chartan A new independent study published by the National Renewable Energy Laboratory(NREL), in the US, concludes that significant production cost savings could be achieved if South Africa added between 60 GW and 100 GW of additional variable renewable energy (VRE) by 2035. The NREL study is a pure production cost analysis that does not interrogate the feasibility or cost of

Globeleq increases stake in South African renewables projects

Electricity generation project developer, owner and operator Globeleq has increased its shareholding in the Jeffreys Bay Wind Farm, as well as in the De Aar Solar and Droogfontein Solar projects in South Africa by acquiring Mainstream Renewable Power’s minority shareholdings in the three projects. Globeleq will fund the acquisition through a mix of internal funds and available credit facilities. “This is a natural progression for Globeleq in South Africaand reinforces our ongoing commitment to powering Africa’s growth,” CEO Paul Hanrahan said.