Emerging electricity retail brand Earth & Wire reports that it is at an advanced stage of developing a 2 GW project cluster in the Eastern Cape called Energy Fields, which will blend utility-scale wind and solar PV generation with large-scale battery storage and sell electricity to multiple customers.
Head of strategic business development Thomas Garner reports that Energy Fields is scheduled to enter into commercial operation by late 2029 and that Earth & Wire is already accepting approaches from customers.
The company recently developed and sold a 94.5 MW wind farm in the Eastern Cape to the NOA Group, which has entered into a power purchase agreement with Netcare to supply six of the hospital group’s facilities once construction is completed.
Earth & Wire founder Demetri Pappadopoulos says the transaction will catalyse the company’s portfolio of future generation assets.
In addition, he says reaching financial close has helped prove the company’s view that multi-party energy resources will service the needs of multiple retail customers in future. 