S Africa's Sasol looking to procure 600 MW of renewables

South African chemicals and energy company Sasol Ltd (JSE:SOL) has launched a Request for Information (RFI) process in an effort to procure some 600 MW of renewable power capacity.

The company said in a statement it is looking for independent power producers to deploy renewable energy projects, preferably wind and solar photovoltaic (PV), and supply electricity under power purchase agreements (PPAs). Eligible projects will have a generation capacity of at least 20 MW.

Sasol will use the electricity to run its domestic operations, the largest of which are in Secunda, Mpumalanga and Sasolburg in the Free State.

“We intend procuring, in total, approximately 600 MW of renewable electricity capacity with the aim of reducing our greenhouse gas emissions by approximately 1.6 million tons per annum,” said Hermann Wenhold, Sasol’s chief sustainability officer.

Interested parties will have the opportunity to submit documents by June 5, 2020.

Last October, Sasol pledged to lower its absolute greenhouse gas (GHG) emissions from domestic operations by at least 10% by 2030, off a 2017 baseline.

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