DBSA continues to create new and clean energy generation initiatives in and for local communities. Accredited to the Green Climate Fund, the DBSA’s Embedded Generation Investment Programme (EGIP) is supporting independent power producers operating in South Africa with funding to develop and upscale embedded renewable solar and wind energy generation projects. “Embedded” means these projects address industry-specific energy requirements outside of the REIPP. 

This funding model is envisaged to create an enabling environment for a programme of continued, bankable renewable energy investments. Not only will this create a thriving market for embedded generation, but it will assist government to achieve its climate goals and facilitate transformation through including local communities and SMMEs.

Since the announcement of the Embedded Generation Investment Programme in 2021, the DBSA is pleased to announce the approval of approximately ZAR1-billion worth of the Embedded Generation Investment Programme (EGIP). 

The Embedded Generation Investment Programme is not just investment in energy infrastructure; it is a commitment to a sustainable and energy-efficient future. This initiative aims to foster the growth of embedded generation projects, bringing clean, reliable, and decentralized energy solutions to communities and the South African grid.

“As we move towards a greener tomorrow, the EGIP is significant in harnessing the power of renewable resources. From solar to wind, the Embedded Generation Investment Programme is set to diversify our energy landscape, reducing our carbon footprint and promoting a cleaner environment,” says Lungile Tom, Acting Head: Project Finance at the DBSA (pictured below).

In line with DBSA’s mandate of developing local communities, the key objective of this programme is to promote infrastructure development in a Just Transition manner. By encouraging embedded generation projects, we are not only contributing to a more resilient energy infrastructure but also creating opportunities for growth in social and economic development in line with a sustainable path trajectory. Some of the key facts of the EGIP at DBSA include:

Building Partnerships. We believe that collaboration is key to success. The Embedded Generation Investment Programme is open to partnerships with local and international lenders, innovators, entrepreneurs, and communities passionate about reforms in the energy sector. Together, we can achieve a sustainable future.

Investing in Innovation: The future belongs to those who innovate. Through this programme, we are actively seeking and supporting innovative projects that push the boundaries of embedded generation technologies. Ground-breaking ideas could be the next big leap towards a cleaner and more sustainable energy future.

The Embedded Generation Investment Programme 

The Embedded Generation Investment Programme (EGIP) is a programme developed with funding from the Green Climate Fund (GCF) and the Development Bank of Southern Africa (DBSA). The Programme supports the implementation of solar photovoltaic (PV) and wind-embedded generation projects developed by Independent Power Producers (IPPs) operating in South Africa. 

The Embedded Generation Investment Programme 

Stakeholders and beneficiaries

The DBSA collaborates with national, provincial and local governments to deliver against government priorities in this sector, particularly where the development of low-emission energy pathways is concerned. And, through our wide portfolio, we have stakeholders and beneficiaries to whom our mandate caters. These include, but are not limited to:

  • Department of Mineral Resources and Energy
  • Independent Power Producers’ Office
  • Utilities
  • National Energy Regulator of South Africa
  • Municipalities
  • Independent power producers
  • Project developers
  • Black economic empowerment parties
  • Development finance institutions
  • Commercial banks
  • Private equity institutions
  • Regional power pools (Southern Africa Power Pool, West African Power Pool, East African Power Pool and Central African Power Pool)

DBSA is committed to aggressively growing clean energy assets and a just transition to maximise sustainable development impact, including decarbonisation and impact the economic development and growth of our developing nations.

Contact Details

Switch Board: +27 11 313 3911
Reception: +27 11 313 3500 or +27 11 313 3297
Email: webmaster@dbsa.org

For more information visit: https://www.dbsa.org/sectors/energy

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