In response to the growing trend of energy procurements amongst some of South Africa’s leading industries, including mining, industrial and consumer sectors, Since restrictions were lifted on independent power production for businesses, there has been an increased investment trend in decentralised power procurement.
Decentralised energy refers to energy solutions that are generated and consumed locally, rather than relying solely on the national grid. It could also include wheeled power, with IPPs selling to corporates directly through a PPA. Notable projects included the Sola Group and African Rainbow Energy and Power, where the financing a solar PV plant at African Rainbow Minerals’ platinum mining operations, delivering 270GWh of carbon-free electricity annually through a 20-year power purchase agreement.
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