Deal #10992
South Africa
Created at
2024-12-02
Last update
2024-12-12
Land area
Intended size
400 ha
Size under contract (leased or purchased area)
- [current] 400 ha
Size in operation (production)
- [current] 86.98 ha
Comment on land area
The solar field aperture area is 86.98 hectares.
Intention of investment
Intention of investment
- [current] Solar park (400 ha)
Comment on intention of investment
Generate electricity through Solar Thermal
Carbon offset project
Carbon offset project
No
Nature of the deal
Nature of the deal
Outright purchase
Comment on nature of the deal
The farm portion for Ilanga CSP 1 has been secured and the owners plan to purchase the remaining farms outright.
Negotiation status
Negotiation status
- [current] Concluded (Contract signed)
Comment on negotiation status
The plant was handed over to its owner – Karoshoek Solar One (RF) Proprietary Limited in 2018
Implementation status
Implementation status
- Startup phase (no production)
- [2018-11, current] In operation (production)
Comment on implementation status
In December 2019, South Africa celebrated the first year of operation of the renewable energy plant, which has been supplying clean energy to the national grid since November 2018.