Two big solar projects reach financial close, announces DMRE

[Jan]

South Africa greenlights R4.9-billion of independent solar power

The Department of Mineral Resources and Energy has announced that two solar PV projects that will generate 360MW have reached financial.

The department said the two projects will attract a total investment of R4.9 billion and go live in 2026.

 

[Lupus]

You cannot really use nameplate capacity for what it can generate, generally solar is 24% of the nameplate capacity. So are these 1000MW plants?

 

[Unhappy1]

You cannot really use nameplate capacity for what it can generate, generally solar is 24% of the nameplate capacity. So are these 1000MW plants?

The redrocket MWp is 275 so no.

 

[wingnut771]

You cannot really use nameplate capacity for what it can generate, generally solar is 24% of the nameplate capacity. So are these 1000MW plants?

Add batteries.

 

[Gaz{M}]

360MW peak for R4.9bn and ZERO taxpayer money. Energy supplied at less than coal cost.