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Mulilo, South African renewable energy developer,has reached financial close for the 337 MW (DC) Middlepunt Solar PV project near Welkom in South Africa’s Free State Province. The project has a contracted export capacity of 240 MW (AC) and is the first Bid Window 7 project under REIPPPP to close. Once operational, Middlepunt is expected to generate about 770 GWh annually. The project will connect to the Everest Main Transmission Substation for grid integration. Electricity is priced at ZAR 458/MWh under a 20-year PPA with the National Transmission Company of South Africa. The project is expected to power about 325,000 households and avoid 813,000 tons of CO₂ annually. Mulilo targets delivering 1 GW of new generation capacity annually through solar, wind, and storage.
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