AMEA Power has announced the successful signing of a 20-year Power Purchase Agreement (PPA) with Eskom, for the 120 MW Doornhoek Solar Photovoltaic (PV) Project located near the town of Klerksdorp in the North West Province, South Africa. The project was awarded through Bid Window 6 of the Renewable Energy Independent Power Producer Procurement (REIPPP).
AMEA Power is the majority shareholder in the USD120 million Solar PV Project and has partnered with Ziyanda Energy and Dzimuzwo Energy, wholly owned by African women. The project will receive debt funding from Standard Bank South Africa, whilst the Industrial Development Corporation (IDC) will provide equity funding for the local partners.
The solar farm will generate more than 325 GWh of clean energy per year, power an estimated 97,000 households, and offset 330,000 tonnes of carbon emissions, once operational. The project will contribute significantly to South Africa’s goal of renewable energy accounting for 22% of the energy mix by 2030.