- Eskom Power signed land lease agreements with four independent power producers.
- It is anticipated that electricity will become available within 2 to 3 years.
South Africa, Eskom Power have signed land lease agreements with four independent power producers for the commercial lease and use of land at Majuba and Tutuka power stations.
This is the first batch of lease agreements to be signed. It is anticipated that the first electricity will become available within 2 to 3 years.
The four successful bidders are HDF Energy South Africa, Red Rocket SA, SOLA Group and Mainstream Renewable Power Developments South Africa.
The companies will now embark on a round of feasibility studies to ascertain the exact nature of the generation they will create and how big the power plants can be.
HDF Energy Director for Southern Africa said their project would closely mirror a Namibian project they are currently constructing: a solar power plus green hydrogen for storage project. He explained, “It looks like a PV farm, but in services, it is closer to a gas-fired or coal-fired project”.