SolarReserve is continuing to expand its clean energy portfolio with advanced photovoltaic (PV) projects throughout the country and the world. SolarReserve’s Letsatsi Project in South Africa will produce over 75 MW of energy annually for South African residents.
- Location: near North of Bloemfontein
- Size: 75 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 December 2011, the South Africa Department of Energy (DOE) awarded the consortium with preferred bidder status for their two 75 megawatt (MWDC) projects, the Letsatsi and Lesedi PV plants, and months later, in May 2012, DOE additionally awarded the consortium for their third project, the Jasper Solar Energy Project, bringing the total projects up to 238 MW and accounting 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.
Construction for the Letsatsi Project commenced in February of 2013.
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. 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.