The 96MW Jasper solar photovoltaic (PV) project in Northern Cape, South Africa, has gone live.
A consortium of SolarReserve, the Kensani Group and Intikon Energy developed the project, which features more than 325,000 PV modules supplied by China-based Yingli Green Energy.
Jasper is located in a solar park that also includes the 75MW Lesedi solar power project, which started operations in May 2014.
The Jasper project will generate 182,000 megawatt-hours of energy per year, enough to power about 80,000 homes in South Africa.
South African power utility company firm Eskom will buy the energy generated from the project under a 20-year power purchase agreement.
The equity investment shareholders in the project include Google, the Public Investment Corporation, Intikon Energy, Kensani Capital Investments and the PEACE Humansrus Community Trust.
SolarReserve and Rand Merchant Bank provided preference share equity.
SolarReserve CEO Kevin Smith said: "In addition to helping South Africa meet its critical electricity needs, the Jasper Project will bring long lasting economic benefits to the region.
"We look forward to continuing this positive momentum and bringing value to South Africa through collaboration on further projects, including our upcoming CSP projects that will provide South Africa with clean, reliable and non-intermittent electricity, day and night."
The Jasper project marks the latest of the utility PV plants currently being rolled out under the South African Renewable Energy Independent Power Producers Procurement (REIPPP) programme.
Under the programme, South African Department of Energy is planning to fulfill its commitment of developing 8,400MW of solar PV energy by 2030.
Image: The 96MW Jasper solar PV project will generate 182,000 megawatt-hours of energy per year. Photo: Courtesy of PRNewswire.
Source....
A consortium of SolarReserve, the Kensani Group and Intikon Energy developed the project, which features more than 325,000 PV modules supplied by China-based Yingli Green Energy.
Jasper is located in a solar park that also includes the 75MW Lesedi solar power project, which started operations in May 2014.
The Jasper project will generate 182,000 megawatt-hours of energy per year, enough to power about 80,000 homes in South Africa.
South African power utility company firm Eskom will buy the energy generated from the project under a 20-year power purchase agreement.
The equity investment shareholders in the project include Google, the Public Investment Corporation, Intikon Energy, Kensani Capital Investments and the PEACE Humansrus Community Trust.
SolarReserve and Rand Merchant Bank provided preference share equity.
SolarReserve CEO Kevin Smith said: "In addition to helping South Africa meet its critical electricity needs, the Jasper Project will bring long lasting economic benefits to the region.
"We look forward to continuing this positive momentum and bringing value to South Africa through collaboration on further projects, including our upcoming CSP projects that will provide South Africa with clean, reliable and non-intermittent electricity, day and night."
The Jasper project marks the latest of the utility PV plants currently being rolled out under the South African Renewable Energy Independent Power Producers Procurement (REIPPP) programme.
Under the programme, South African Department of Energy is planning to fulfill its commitment of developing 8,400MW of solar PV energy by 2030.
Image: The 96MW Jasper solar PV project will generate 182,000 megawatt-hours of energy per year. Photo: Courtesy of PRNewswire.
Source....
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