SolarReserve is continuing to expand its clean energy portfolio with advanced photovoltaic (PV) projects throughout the country and the world. SolarReserve’s Jasper PV Project, located in South Africa’s Northern Cape, will produce 88 MW of clean energy for South African residents, in addition to creating jobs and helping to stimulate the local economy.
- Location: Northern Cape
- Size: 88 MW-DC
- Construction: 2013
SolarReserve, as the U.S. developer of utility-scale solar energy projects, joined with the Kensani Group, an experienced empowered infrastructure player in the Southern African market, and Intikon Energy, a South African developer of renewable energy projects, to develop three large-scale photovoltaic solar energy projects in South Africa.
In May 2012, the South Africa Department of Energy (DOE) awarded the consortium with preferred bidder status for the Jasper Solar Energy Project. Combined with SolarReserve’s other two 75 megawatt (MWDC) projects, the Letsatsi and Lesedi PV plants, SolarReserve is currently developing projects that will generate up to 238 MW of clean energy and account for a 20 percent share of South Africa’s solar energy market.
The preferred bidder status provides the consortium with the right to proceed with executing the 20-year government-supported power purchase agreements with Eskom, the South African Power Utility.
Key Project Benefits:
SolarReserve’s South Africa PV Projects will play a part in helping South Africa meet its renewable energy targets, in addition to stimulating long-term economic development and creating new jobs. For example, the Letsatsi and Lesedi PV projects alone will generate enough clean energy to power over 50,000 homes and will create approximately 600 construction jobs and 100 permanent operational jobs, a number that will only continue to grow as construction for the Jasper Solar Energy Project begins.