South Africa power map, Northern Cape

South Africa: Mulilo reaches financial close for Ukuqala solar plant


Project bulletin
Issue 518 - 12 Dec 2024 - By Marc Howard | 2 minute read

Financial close for the 105MWp Ukuqala solar PV plant is Mulilo’s sixth project to reach the milestone in 2024, indicative of the enormous potential in South Africa for IPPs to sign private PPAs for wheeled power.

Where to next for South Africa’s new power market?

South-Africa-power-

Drastic regulatory reforms are reshaping South Africa’s electricity supply industry (ESI) into a diversified and competitive market. With the unbundling of the state power utility Eskom into separate units for generation, transmission and distribution, already underway, a deregulated energy market dominated by private players and electricity traders, is emerging.

Through reporting and the latest data, African Energy has been closely monitoring and covering the transition and the trends towards a liberalised ESI.

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