R2.5bn De Aar project consolidates Solar Capital’s SA market standing

Joanne Taylor | 09 August 2013 | Engineering News

Solar energy company Solar Capital signed its second independent power purchase agreement with the Department of Energy in May. The contract is for the supply and construction of a R2.5-billion solar energy project in De Aar, in the Northern Cape, to supply 75 MW of power. The project will employ more than 700 people during construction and 200 after completion.

The De Aar farm will have over one-million solar panels and will be one of the world’s largest solar farms, which will total four-million panels once complete. This 75 MW farm with its one-million solar panels will generate enough electricity to power about 14 000 South African homes every year.

Construction started last month and Solar Capital is partnering with Italy-based renewable-energy company Moncada Energy Group for the construction of the project. Read the rest

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