Ilikwa solar PV plant, South Africa
Name of the Project
Ilikwa solar PV plant.
Location
Free State, South Africa.
Project Owner/s
Mainstream Renewable Power (70%) and Investec (30%).
Project Description
The project entails the construction of a 50 MW solar PV plant.
When fully operational, the plant will produce 141 GWh/y of electricity, powering the equivalent of more than 42 000 homes and avoiding the release of about 100 000 t/y of CO2.
The power from the plant will supply multiple private commercial and industrial customers under flexible, shorter-term power purchase agreements in a new-to-market product called Renewable Energy Supply Agreements.
Potential Job Creation
Not stated.
Capital Expenditure
Investec is providing preconstruction development finance, as well as debt and equity finance, for the construction of the plant.
Planned Start/End Date
The project is expected to reach commercial operation in early 2026.
Latest Developments
Construction on the project has started.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Mainstream Renewable Power head of communications, Emmet Curley, tel + 353 86 241 1690 or email emmet.curley@mainstreamrp.com.
Investec, tel +27 11 286 7000.
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