JUWI Renewable Energies announce construction of 400 MW renewable energy plants in South Africa. The projects are in advanced-stage engineering. Importantly, procurement and construction (EPC) projects are being delivered for the purpose of power provision to mines in South Africa.
Among those projects include the 89-MW Castle wind farm in the Northern Cape Province which just recently achieved financial close. Additionally, this project was originally developed by JUWI as part of the Renewable Energy Independent Power Producers’ Programme (REI4P). Subsequently, it was sold to a consortium led by African Infrastructure Investment Managers (AIIM), a division of Old Mutual Alternative Investments (OMAI). Upon completion, the Castle wind farm will feed power into the grid to the benefit of Sibanye-Stillwater’s local mining operations.
Also Read: juwi to construct and operate 250 mw solar PV in reipppp round 4 projects
Significance of JUWI renewable Energy plants to the economy of South Africa
Richard Doyle, managing director of JUWI SA, stated that South African mines are revolving to renewables due to the energy crisis. Moreover, commercial considerations and efforts to reach decarburization targets are being considered.
“The right regulation has been needed to translate this demand into actual projects for mines. The amendments to the licence-exemption threshold and ability to wheel electricity are now allowing us to pivot projects initially developed for REI4P, such as the Castle Wind project, into the private sector, making them a reality,” he added.
At the start of 2023, JUWI had 4 GW of renewable energy projects in various stages of development across Africa. Additionally, JUWI anticipates to initiate an additional 1 GW throughout the course of the year.
Moreover, JUWI is well known for developing solar, wind and hybrid renewable energy solutions. Furthermore, they provide engineering, procurement and construction (EPC) and operations and maintenance (O&M) services for solar PV and hybrid systems.
