Three More South African RE Projects Reach Financial Close

BioTherm Energy, the only local company awarded three projects in South Africa’s first IPP bid round, reached financial close on three renewable energy projects including one wind and two solar PV schemes. The projects are expected to produce a combined output of 47 MW, with construction set to begin immediately.

 

The Dassiesklip Wind Energy Facility will be located in Caledon, Western Cape and have an installed capacity of 27 MW. The Aries Solar Energy Facility, located in Kenhardt, Northern Cape, is expected to produce 10 MW. BioTherm’s second solar project is the Konkoonsies Solar Energy Facility located in Pofadder, Northern Cape. Its anticipated output is also 10 MW. Both solar projects have expansion capacity—supporting the company’s strategy to initially construct smaller-sized projects with a shorter timeframe to commercial operation and focusing long-term on larger-scale projects.

 

CEO Jasandra Nyker said, “We are a proud South African company and look forward to being an integral part of the government’s focus on bringing competitively priced renewable energy resources online for the people of our country.”

 

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