JUWI Developing 400 MW of Renewable Power Plants for South African Mines
This specific project was developed by JUWI under the Renewable Energy Independent Power Producers’ Programme (REI4P) and sold to a joint venture by the African Infrastructure Investment Managers (AIIM), a division of Old Mutual Alternative Investments (OMAI).
June 28, 2023. By EI News Network
This specific project was developed by JUWI under the Renewable Energy Independent Power Producers’ Programme (REI4P) and sold to a joint venture by the African Infrastructure Investment Managers (AIIM), a division of Old Mutual Alternative Investments (OMAI).
Richard Doyle, Managing Director of JUWI SA, mentioned that South African mines are switching to renewables because of the energy crisis, commercial considerations and steps to attain decarbonisation targets.
He further added, “The right regulation has been needed to translate this demand into actual projects for mines. The amendments to the licence-exemption threshold and ability to wheel electricity are now allowing us to pivot projects initially developed for REI4P, such as the Castle Wind project, into the private sector, making them a reality”.
At the beginning of 2023, JUWI had 4 GW of renewable energy projects in multiple stages of development across Africa and anticipates to introduced an expansion of 1 GW throughout the course of the year.
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