Deal #10859

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

Land area

Intended size
879 ha
Size under contract (leased or purchased area)
  • [current] 879 ha

Intention of investment

Intention of investment
  • [current] Solar park (879 ha)

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
The land is often leased or acquired by the project developers (in this case, Scatec and its partners) to set up the solar farm- not fully disclosed in the report.

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)
Comment on negotiation status
Not fully disclosed in the reports

Implementation status

Implementation status
  • [2022-07] Startup phase (no production)
  • [2023-12-11, current] In operation (production)
Comment on implementation status
The construction of the project, which began in July 2022, was completed on schedule and within budget. The project officially started producing and supplying electricity on December 11, 2023, making it the largest solar and battery storage system in South Africa.