Financial close reached on 100 MW Sonvanger Solar PV Power Plant in South Africa

Pele Green Energy (PGE) has reached a financial close on the 100 MW Sonvanger Solar PV Power Plant for the Glencore Merafe Venture’s operations located 4 km southwest of Theunissen in the Masilonyana Local Municipality in South Africa's Free State province.

PGE is the lead sponsor of the plant, which will provide clean, reliable, and sustainable power for Glencore Merafe Ferrochrome smelters in South Africa. The project aligns with South Africa's commitments to the Sustainable Development Goals (SDGs) and national energy targets. It also shines a spotlight on the South African IPPs and the industry that has developed since the inception of the state-led South African Independent Power Producers Program.