Mulilo says Middlepunt PV plant to supply cheapest REIPPPP-procured electricity

South African independent power producer Mulilo reports that its 337 MWdc Middlepunt solar PV plant will deliver electricity at R458/MWh when it enters into commercial operation in the coming 24 months – the cheapest electricity procured to date under South Africa’s public bidding rounds. Located near Welkom in the Free State, Mulilo CEO Jan Fourie reports that the R4.4-billion project is also the first project procured under Bid Window 7 of the Renewable Energy Independent Power Producer Procurement Programme, or REIPPPP, to have advanced to financial close.