Scatec ASA has been awarded preferred bidder status for a 288 MW solar project in the seventh round of the Department of Mineral Resources and Energy Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The projects will deliver much needed energy under a 20-year PPA once fully operational. According to the Department of Mineral Resources and Energy, commercial close for the REIPPPP Bid Window 7 is expected in the second half of 2025.
Scatec will own 50.9% of the equity in the projects and will provide engineering, procurement, and construction (EPC) services, as well as operations & maintenance (O&M), and asset management (AM) services to the projects.
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