Deal #10816

South Africa
Created at
2024-10-16
Last update
2024-10-24

Land area

Intended size
280.5 ha
Size under contract (leased or purchased area)
  • [current] 162 ha
Comment on land area
The project site is 280.5 ha in extent. Within the identified project site, the proposed development footprint will be constructed on 162 ha of land.

Intention of investment

Intention of investment
  • [current] Solar park

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
The land owners are leasing the land to the operating company.

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2024, current] Startup phase (no production)
Comment on implementation status
The 50 MW Ilikwa Solar PV Plant reached financial close in October 2024. The construction of the 50 MW Ilikwa Solar PV Plant has already started and is expected to reach commercial operation in early 2026.