DBSA to support participation of black firms, communities in bid windows for renewables, …

State-owned development financier the Development Bank of Southern Africa (DBSA) is gearing up to play a role in the public procurement of 7 615 MW of new electricity generation and storage capacity, including by facilitating participation for black-owned entities and communities. The DBSA has, to date, invested R12.4-billion into various projects procured since the launch of the country’s first independent power producer (IPP) auctions in 2011 and will now seek to participate in the three bidding rounds launched in December for 5 000 MW of renewable energy, 2 000 MW of gas to power (GtP) and 615 MW/2 460 MWh of battery storage.