West africa beijing energy storage project bidding

Who are the preferred bidders for battery energy storage?

The Minister of Mineral Resources and Energy, Gwede Mantashe, announced Oasis Aggeneis, Mogobe BESS, Oasis Mookodi and Oasis Nieuwehoop as preferred bidders under the Battery Energy Storage Independent Power Producers Procurement Programme.

How many bids were received for the Energy Storage Bid Window 1?

Originally 17 bids were received for the Energy Storage Bid Window 1, which was set to procure 513MW, located across five substations. “An RFP by its nature is doing two things, we get correct bidders and at the same time you’re testing the appetite of the market for that particular nature of generation,” Mantashe explained at the press briefing.

When will Energy Storage Bid Window 1 close?

Originally 17 bids were received for Energy Storage Bid Window 1, which was set to procure 513MW. According to the original specification, commercial close will now be expected within six months of the preferred bidder announcement, with financial close expected within one month of that date.

What is the total renewable capacity added in Bid Window 5?

When the DMRE signed 13 projects under Bid Window 5 at the end of 2022, it brought the total signed projects for that bid window up to 1,759MW renewable capacity to the national grid – 784MW from onshore wind technologies and 975MW from solar PV.

How many solar projects are in DMRE bid window 5?

When the DMRE signed 13 solar projects under Bid Window 5 at the end of 2022, it brought the total signed projects for that bid window up to 1,759MW renewable capacity to the national grid, with 975MW from solar PV.

Is West Africa on the cusp of a regional power market?

“West Africa is on the cusp of a regional power market that promises significant development benefits and potential for private sector participation,” stated Charles Cormier, Practice Manager in the Energy Global Practice at the World Bank.