Haru battery energy storage system project, South Africa
Name of the Project
Haru battery energy storage system project (BESS).
Location
Free State, in South Africa.
Project Owner/s
Norwegian renewable-energy systems company Scatec will own 50.01% of the equity in the project, with Stanlib’s Greenstreet and Redstreet Funds owning 44.99% and a community trust holding 5%.
Project Description
Scatec was chosen as the preferred bidder for the development of a 123 MW/492 MWh BESS in Bid Window 3 of the Department of Mineral Resources and Energy’s Battery Energy Storage Independent Power Producer Procurement Programme, or BESIPPPP, in May 2025.
Potential Job Creation
Not stated.
Capital Expenditure
Capital expenditure is estimated at R2.2-billion. The project will be financed by 90% nonrecourse project debt and the balance by equity from the owners.
Planned Start/End Date
Commercial close is expected to be concluded by the end of the first quarter of 2026.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Scatec (engineering, procurement and construction, operations and maintenance, and asset management services).
ontact Details for Project Information
SVP External Affairs & Communications Meera Bhatia, tel +47 468 44 959 or email meera.bhatia@scatec.com.
Scatec, tel +47 480 85 500 or email post@scatec.com.
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