Mainstream Renewable Energy SA has announced that it has placed on hold the development of a major South African wind farm over the standard PPA that would ensure the sale of private power in the country.
Davin Chown, director of Mainstream Renewable Energy South Africa, said the company’s R2.3 billion 125 MW wind farm near Jeffreys Bay, which upon completion is expected to power nearly 200,000 homes, was expected to be built in two years. Chown said independent electricity producers needed "bankable" PPAs which would mean financial institutions must find the agreements attractive enough to finance.
Chown said other areas of concern included uncertainty over connection to
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