Financial close on local renewable energy projects



African renewable energy development platform and power producer, BioTherm Energy has reached financial close on a 284 MW portfolio of wind and solar projects in South Africa, as part of the Fourth Round of the South African Renewable Energy Independent Power Producers Procurement Programme (REIPPPP). The four projects, which will begin construction shortly, are estimated to be fully operational by 2020. The projects are include the Golden Valley (120 MW wind, expected to reach commercial operations by Q4 2020, EPC provided by Goldwind); Excelsior (32 MW wind, expected to reach commercial operations by Q4 2019, EPC provided by Goldwind); Konkoonsies II (86 MW solar PV, expected to reach commercial operations by Q1 2020, EPC provided by ET Solutions), and Aggeneys (45 MW solar PV, expected to reach commercial operations by Q3 2019, EPC provided by ET Solutions).

Contact Jasandra Nyker, BioTherm Energy, Tel 011 367-4600, jnyker@biothermenergy.com

 

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Source: EE plublishers

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