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Full purchase or investment
As a country, South Africa has been viewed as one of the largest solar markets on the continent. This is borne out by the fact that the country’s installed PV capacity of 2.5GW is definitely the biggest in Africa regarding operational solar systems.
The opportunity now exists to purchase a solar farm to be established in the North West Province of South Africa.
Type of Project - 1000MWp - First phase 250MWp
Energy Generation Project – Solar PV Technology, Grid Tie, generating electricity during all sunshine hours per day.
The SPV will sell electricity generated by the proposed plant to an already identified client at an agreed and commercially viable c/kWh basis.
At an estimated exchange rate of USD: ZAR of 15 the requirement in ZAR is R3,375,000,000 excluding all taxes, VAT and levies that might be applicable.
Bankable Power Purchase Agreement with the proposed off-taker.
Proposed Project Start Date: 2021
Proposed Completion Date: Within 18 – 24 months from the start date.
Payback period at 100% Equity: 15 years
Development Fee and First Phase Capital Requirement:
For the project to proceed, it is estimated that 12% of the capital value = R405,000,000 is required.
Investors also welcome.
Contact me today for more details about this exciting opportunity.
Mon to Fri: 08:00 - 17:00
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