With several new renewables and battery storage projects under construction or being advanced to financial close, 2025 is poised to be a significant year in Mulilo’s ongoing transition from an entrepreneurial developer, which took minority stakes in projects, to a leading South African integrated independent power producer (IPP). Towards the tail-end of last year, the Cape Town-headquartered company was awarded five projects during the second bid window of South Africa’s battery storage procurement programme, as well as a 240 MW solar PV project under South Africa’s seventh renewables bid window. Earlier, it concluded a private power purchase agreement (PPA) with Air Products South Africa for a 75 MW solar PV project in the Northern Cape.
