Name of the Project
Khauta South solar PV project.

Location
Near Welkom, in the Free State, South Africa.

Project Owner/s
The project was acquired by renewable-energy aggregator NOA Group Holdings in April 2024 from renewable-energy company Pure New Energy.

Project Description
The 349 MW Khauta South will become the country’s biggest single-asset solar PV facility once built.

The project forms part of a bigger 506 MW complex, alongside Khauta West 
(157 MW), positioning the Free State as a strategic hub for utility-scale renewable-energy projects.

Once operational, the joint Khauta projects will generate 1 073 GWh/y of clean energy. Power from the project will be wheeled through State-owned power utility Eskom’s grid to a portfolio of companies across sectors, including mining, manufacturing, data centres and real estate.

Potential Job Creation
Not stated.

Capital Expenditure
Not disclosed.

Planned Start/End Date
Early works construction on site started in early 2025, with energy production at Khauta South anticipated from early 2027.

Latest Developments
Standard Bank and NOA reached financial close on the project in June 2025. Through the renewable-energy development, a pioneering financial structure has been introduced to unlock capital for South Africa’s energy transition.

The deal has also introduced an innovative market-forming payment guarantee facility structured by Standard Bank on behalf of NOA Trading. This facility acts as a financial catalyst, enabling NOA to make equity capital available that would normally be used as credit support.

By unlocking this capital, NOA can accelerate the development of additional renewable-energy projects while maintaining its commitments under generator power purchase agreements.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
NOA Group Holdings, tel +27 21 010 0480.