Wigton Shortlisted For Energy Project

• Wigton Windfarm Limited (WIG), operating as Wigton Energy, has announced that it was shortlisted in the Generation Procurement Entity’s (GPE) tender for the supply of up to 100 megawatts (MW) of electricity generation from renewables.
• The GPE is the state-led entity that approves companies installing additional grid power.
• This means that WIG’s bid for the supply of 49.83MW was one (1) of two (2) bids, which was successful in the economic evaluation phase of the tender process. It will now proceed to the technical evaluation phase prior to the final award being made to the successful bidders by the GPE.
• This reflects WIG’s strategy to expand its offerings from wind generation to also include solar energy to grow the company further.
• Additionally, if the company succeeds, it will be instrumental in achieving the country’s renewable energy target of 20% by 2030. As of May 2023, about 11% of the country's energy production came from renewable sources.

 (Sources: JSE & NCBCM Research)