Enel Green Power signs large-scale South Africa commercial renewable energy deal
Renewable energy company Enel Green Power South Africa has signed three long-term power purchase agreements (PPAs) with industrial gases company Air Liquide South Africa and energy and chemicals company Sasol to supply 330 MW of renewable energy to Sasol’s Secunda site, where Air Liquide operates its large-scale oxygen production facility.
Enel Green Power and sovereign wealth fund the Qatar Investment Authority (QIA) jointly own Enel Green Power South Africa.
The 330 MW of renewable energy will be generated by three joint venture-owned wind projects in the Eastern Cape province of South Africa and are expected to be operational by 2026.
This 330 MW cluster complements the company's existing platform of more than 730 MW already in operation and is expected to result in a yearly production of more than 1 100 GWh.
Enel Green Power South Africa is, therefore, one of the first renewable energy companies to conclude a set of large-scale wind PPAs in South Africa for the commercial and industrial market, the companies said.
Further, the PPA announcement also marks the first project developed entirely under the umbrella of the joint venture between Enel Green Power and QIA since they entered into a partnership to build and operate renewable energy plants in sub-Saharan Africa.
The partnership is aligned with QIA’s commitment to support the global transition to a low-carbon future and strengthens Enel Green Power as a major renewable energy supplier in South Africa as it continues discussions with other offtakers to increase energy capacity, which will consolidate its position in the renewable energy industry.
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