Two major solar PV projects that will contribute 360 MW to South Africa’s electricity grid have received the financial go-ahead.
Both projects, which fall under the South African government’s Renewable Energy Independent Power Producer Procurement programme, are expected to come on line by mid-2026.
The US$120 million, 120 MW Doornhoek project, financed by Standard Bank and the Industrial Development Corporation, will generate 325 GWh a year, powering up 97 000 households in the Klerksdorp area, according to ESI Africa.
It is a joint project between AMEA Power and local companies Ziyanda Energy and 100% black-women-owned Dzimuzwo Energy.
AMEA power says the plant will sell solar-generated power to Eskom under a 20-year power purchase agreement (PPA).
~The 240 MW Virginia Solar Park in north-eastern Free State will provide electricity to up to 240 000 homes.
Financed by Rand Merchant Bank, it is a collaboration between Red Rocket, South African investment holding company Reatile, equity partner Jade Sky Energy and the Red Rocket Opportunity Trust.
Engineering News reports that both solar project will probably come on line in 2026.
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