Hybrid energy risk mitigation project reaches financial close - News Summed Up

Hybrid energy risk mitigation project reaches financial close


A hybrid energy project procured under the Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP) – Oya Energy Hybrid Energy Project – has reached financial close. Once functional, the Oya Energy Hybrid Project will provide crucial dispatchable energy to the South African grid. Oya Energy Hybrid Project – continent’s largest hybrid energy plantThe Oya Energy Hybrid Project, Africa’s largest hybrid energy project, is globally unique in technology mix, size, and cost-effectiveness. “The Oya Energy Hybrid Project demonstrates our expertise and ability to develop complex and efficient hybrid renewable energy projects in South Africa. Hybrid energy for decarbonisation and sustainabilityRomaya Dorasamy, Managing Director of Meadows Energy, said they too were thrilled about the project’s success.


Source: The North Africa Journal February 17, 2024 03:14 UTC



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