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Adams Solar PV 2

Sector: Solar • Location: South Africa

Source: World Bank Group

Project
Active

The 82.5MW Adams Solar PV 2 reached financial closure, as Enel began construction in March 2015. This BOO project estimated at US$109.6 million (based on 82.5 MW Paleisheuwel) would entail the development of solar pv power plant, located near Hotazel, Northern Cape. It was a part of Window 3 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) by Department of Energy

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The project “Adams Solar PV 2” is an infrastructure initiative in the Solar sector, located in South Africa. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The 82.5MW Adams Solar PV 2 reached financial closure, as Enel began construction in March 2015. This BOO project estimated at US$109.6 million (based on 82.5 MW Paleisheuwel) would entail the development of solar pv power plant, located near Hotazel, Northern Cape. It was a part of Window 3 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) by Department of Energy (DoE). The project company was Adams Solar PV Project Two Pty Ltd composed of Hotazel Community Trust (10%), Lisinfo245 Investments (Pty) Ltd (30%, wholly owned by Royal Bafokeng Nation Development Trust) EGP SA BV(60%, wholly owned by EGP SPA). The energy generated by this new wind farm would be sold to the South African utility Eskom through a 20-year power supply agreement. http://www.nersa.org.za/Admin/Document/Editor/file/Consultations/Electricity/Presentations/Adams%20Solar%20PV%20%20Project.pdf Estimated project cost based on similar project (Paleisheuwel). Investment details are not available yet.

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High

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More Details

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