Global wind and solar company, Mainstream Renewable Power has announced that 12 of its projects have won preferred-bidder status in round five of South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
The wind and solar projects, which have a total capacity of 1.27 gigawatts, represent half of the total allocation in the round, which was the most competitive to date and almost four times oversubscribed.
The win makes Mainstream the most successful company in the history of the South African renewable-energy-procurement program, with more than 2.1 gigawatts awarded to date. This includes 850 megawatts of wind- and solar-generation assets that Mainstream already has delivered into commercial operation across rounds one, three and four of the REIPPPP.
Mainstream has achieved a number of firsts in the REIPPP, including constructing South Africa's first self-build substation as well as bringing the first projects to financial clos
