Please note: you are viewing an old version of this deal. The current version can be found here: Deal #10443

Deal #10443 Version #93742

Lesotho
Created at
2024-07-14
Last update
2024-08-15

Land area

Intended size
220 ha
Size under contract (leased or purchased area)
  • [2021, current] 220 ha
Size in operation (production)
  • [2023, current] 46.98 ha
Comment on land area
Phase I of the Mafeteng Ha Ramarothole Solar PV Park project, completed in 2023, covers an operational area of 46.9 has. This initial phase includes the infrastructure necessary for a generation capacity of 30 MW. The entire project, including the planned Phase II, will occupy a total area of 170 has. Phase II is scheduled for completion in 2030 and will add an additional 40 MW of capacity, bringing the total generation capacity to 70 MW.

Intention of investment

Intention of investment
  • [2016, current] Solar park (220 ha)
Comment on intention of investment
To generate electricity for the community and the nation, with the potential to sell excess power to other countries.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
The land lease was finalized in May 2021, involving approximately 220 hectares in Ha-Ramarothole, Mafeteng, leased from local owners. The agreement includes a 25-year contract with an initial bonus and compensation for the loss of agricultural use of the land.

Negotiation status

Negotiation status
  • [2021, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2021] Startup phase (no production)
  • [2023-06, current] In operation (production)