Glencore building 100MW solar plant in the Free State

Daniel Puchert

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Mining giant building R2.1 billion solar plant in South Africa

Glencore’s South African ferroalloys division and its joint venture partner Merafe Resources agreed a deal with Pele Green Energy to build a R2.1 billion utility-scale renewable energy plant.

Nedbank Group Ltd. and Absa Group Ltd. will provide debt, while Pele will contribute equity, Pele’s Managing Director Gqi Raoleka said in an interview.
 
Always puts a smile on my face.
Vatsô Eskom.

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