The Oasis 1: Mookodi BESS project advances - News Summed Up

The Oasis 1: Mookodi BESS project advances


The Oasis 1 Mookodi battery energy storage systems (BESS) project reached commercial close on Wednesday, 16 October 2024. This is in less than a year after being awarded under the Energy Storage Independent Power Producers Procurement Programme (ESIPPPP). The financial close is scheduled to follow in November 2024, with the project expected to be constructed within 24 months. Each project includes a 5% ownership stake in local communities through a Community Trust. Job creation and investment into local economyThe location of the Oasis 1 battery energy storage projects in the Northern Cape Supply Area, in yellow.


Source: The North Africa Journal October 17, 2024 15:09 UTC



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