A consortium led by Mainstream Renewable Power has been awarded preferred bidder status by the Department of Energy in South Africa for two large-scale wind energy projects with a total generation capacity of 250 MW. The award was made under the fourth round of the South African Government’s Renewable Energy Procurement Programme and the two wind farms represent an investment of approximately USD469 million. The date for financial close has not yet been released by the Department of Energy.
Mainstream has been awarded a total of 848 MW of wind and solar projects under this programme since the first award in 2011, which is more than any other developer. In addition to the projects awarded today Mainstream is currently constructing three wind farms in South Africa’s Northern Cape, totalling 360MW, which it was awarded under Round 3 of the programme. Last year the company delivered three wind and solar facilities into commercial operation in South Africa under the first round of the programme.