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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

All systems go for local wind farm

10 February 2014 By Alan Straton

The Directors and Shareholders of the Metrowind Van Stadens (MWVS) wind farm, announced today that on the 2nd of February 2014 the Facility Completion milestone was achieved and the 27MW wind farm commenced commercial operations. The facility has been supplying electrical power to the regional grid since late November 2013. MWVS wind farm will sell renewable energy to ESKOM for the next twenty years in accordance with the terms of the Power Purchase Agreement concluded between the parties in November 2012.

The 27MW wind farm is situated in the Nelson Mandela Bay Municipality in the Eastern Cape Province. Nelson Mandela Bay is renowned for its excellent wind resource and is home to South Africa’s “windy city”, Port Elizabeth.

MWVS wind farm is 100% South African-owned, with 35% attributed to Black Economic Empowerment (BEE). A portion of the project is owned by the Metrowind Community Trust which was established by the project developers as a vehicle to deliver their Corporate Social Investment (CSI) programme. In addition to the dividends payable to the community trust, 2.1% of the facilities annual revenue is being channelled into socio-economic development and enterprise development within the community.

The MWVS wind farm has been under development since 2006. It was selected preferred bidder in terms of the Department of Energy’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Construction of the R550 million project started in November 2012 and is the first commercial wind farm operating under REIPPPP.

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
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Filed Under: Business Tagged With: eskom, metrowind, mwvs, renewable energy

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