Deal #8237

South Africa
Created at
2020-08-10
Last update
2024-09-11
Last full update
2024-09-11

Land area

Intended size
237 ha
Size under contract (leased or purchased area)
  • [2013-05-07, current] 237 ha
Size in operation (production)
  • [current] 215.57 ha
Comment on land area
This facility consists of 250,160 single axis tracking polycrystalline silicon PV modules and covers 215.57 hectares.

Intention of investment

Intention of investment
  • [current] Solar park (237 ha)
Comment on intention of investment
Gnerating enough energy to supply an estimated 35,000 homes in South Africa with clean, sustainable electricity.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Lease with option to purchase

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)
Comment on negotiation status
When the EIA was done in 2012 the lease had already been concluded

Implementation status

Implementation status
  • [2020] Startup phase (no production)
  • [2021, current] In operation (production)
Comment on implementation status
The solar farm is under construction. In May 2021, BioTherm Energy has announced the completion of all four of its renewable energy projects in South Africa, with the latest project having come on stream in the Eastern Cape. The company’s R6.5bn investment, connects 284MW into South Africa’s national grid and is partnered by Thebe Investment Corporation (TIC), which has a 37.5% stake in all four projects.

Contract farming

Contract farming
No