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IPSA Group plans bigger market share

The UK’s IPSA Group, which last year became the first independent power generator to supply electricity in South Africa, says it is seeking to gain a “significant share” of the country’s power generation market within the next five years. The six months to 31 March saw IPSA’s first sales of electricity under contract to users such as City Power of Johannesburg and Eskom. The company plans to add another 8MW of capacity at its 18MW combined heat and power plant at Newcastle, KwaZulu-Natal, and is working on obtaining the necessary licences, consents and leases for installation of its first 521MW of capacity at the Coega Project near Port Elizabeth, where it plans to install a total of 1,600MW.

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