Scatec Solar completes the 86 MW Dyason's Klip 1 PV solar project in Upington
The facility is expected to produce 217 GWh and deliver clean energy to around 40,000 households annually.
Dyason’s Klip 1 will be earning 60% of the tariff until the scheduled commercial operation date which is expected in mid-March. When completed, the Upington solar power complex will provide clean energy for around 120,000 households and lead to the abatement of more than 600,000 tonnes of CO² emissions annually. The last of the three solar plants under construction is expected to reach commercial operation within the next few months.
The three projects in Upington was awarded in April 2015 in the fourth bidding round under the Renewable Energy Independent Power Producer Programme (REIPPP) in South Africa. Scatec Solar owns 42%, Norfund holds 18%, the surrounding Community of Upington 5% and H1 Holdings, a South African Black investor holds the remaining 35% of the equity.
Country updates
-
-
February 19, 2020
Scatec Solar commissions 86 MW Sirius Solar PV project One in Upington
Scatec Solar and partners have grid connected and reached commercial operation for 86 MW of the 258 MW solar power complex in Upington, South Africa. The 86 MW facility, known as Sirius, is expected t...
Read more -
January 17, 2020
Metier achieves US$113m first close for second sustainable fund
Metier has received US$113 million in commitments and has called the first close of its second Sustainable Capital Fund, Metier Sustainable Capital Fund II (MSC II). MSC II targets investments...
Read more -
December 26, 2019
Shell Foundation, FMO launch Energy Entrepreneurs Growth Fund (EEGF)
Shell Foundation, a UK-registered charity, together with FMO, the Dutch entrepreneurial development bank, announces the launch of the US$120 million Energy Entrepreneurs Growth Fund (EEGF), with an in...
Read more -
December 04, 2019
Africa50 invests US$366m in Genser Energy Ghana Ltd
Genser Energy Ghana Limited has achieved financial close for a US$366m funding package including a new syndicated senior loan facility of US$230m, a mezzanine loan, and preference...
Read more -
November 08, 2019
Seriti Resources concludes acquisition of 91.8% shareholding in South Africa Energy Coal
Seriti Resources has concluded an acquisition agreement with South32 to acquire South 32’s 91.835% shareholding in South Africa Energy Coal (SAEC). Located in the coalfields of Mpumalanga, SAEC...
Read more
