October deadline set for residual renewables bids as South Africa signs wind farm agreements …

A deadline of the end of October has been set for the signing of power purchase and implementation agreements by the remaining 22 Bid Window Five (BW5) renewables projects, following the conclusion of the first such agreements with three wind projects, with a combined capacity of 420 MW and a combined investment value of R11-billion. IPP Office head Bernard Magoro reported on Thursday that all BW5 preferred bidders had now secured grid-connection Budget Quotes from Eskom, the absence of which had delayed the conclusion of the round from an initial deadline of April, and that “the next step is to now sign the agreements”.