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AREAS South Africa

Sector: Power Generation (CCGT) • Location: South Africa

Source: International Finance Corporation (IFC)

Project
Completed

The project will be implemented in two phases. As part of phase one, the project will assist the client in designing a new National Electrification Roadmap to provide electricity connections to households through grid and non-grid solutions. The Roadmap will leverage both public and private sector players and contribute to increased access to electricity. The second phase of the project, which is

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The project “AREAS South Africa” is an infrastructure initiative in the Power Generation (CCGT) sector, located in South Africa. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project will be implemented in two phases. As part of phase one, the project will assist the client in designing a new National Electrification Roadmap to provide electricity connections to households through grid and non-grid solutions. The Roadmap will leverage both public and private sector players and contribute to increased access to electricity. The second phase of the project, which is expected to support the client in establishing a non-grid electrification delivery mechanism, will be launched upon the approval of the Roadmap. As part of phase two, the project will support the private sector to design non-grid electrification models and facilitate access to finance for viable models. Specifically, the project will assist local firms in developing innovative and viable business models that will lead to investments in non-grid renewable energy (RE). This firm-level intervention will complement the Electrification Roadmap by demonstrating that companies, with the right support, are willing and able to make viable RE electrification investments. It should be noted that the activities and expected results stemming from phase two are dependent on the successful completion of phase one. The current disclosure relates to the first phase of the project.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

Region

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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