Deal #10525
South Africa
Created at
2024-08-15
Last update
2024-09-09
Land area
Intended size
3 591 ha
Size under contract (leased or purchased area)
- [current] 3591 ha
Intention of investment
Intention of investment
- [2015, current] Wind farm (3591 ha)
Comment on intention of investment
The intention to develop the Kangnas Wind Farm can be traced back to 2015, when it was awarded preferred bidder status under Round 4 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Carbon offset project
Carbon offset project
No
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
The area proposed is currently zoned as Agricultural land. However the farmers have signed an option for a long term lease agreement with Mainstream for portions of their farms. The portions leased have a relatively low agricultural potential and grazing would continue below the turbines as such it would not affect the economic viability of the farm.
Negotiation status
Negotiation status
- [current] Concluded (Contract signed)
Implementation status
Implementation status
- [2018] Startup phase (no production)
- [2020-11, current] In operation (production)
Comment on implementation status
The project construction commenced in 2018 and completed late September 2020.Subsequently entered into commercial operation in November 2020.