Globeleq opens South African solar power projects

Globeleq completed two of its renewable energy projects in South Africa. On site ceremonies were held to mark the occasion and were well attended by national, local government, industry and community representatives.

The 50 MW PV De Aar Solar Power and 50 MW PV Droogfontein Solar Power facilities are both located in the Northern Cape and have been generating clean energy to the national grid following connection in late 2013.

In addition to the two 50 MW PV solar power plants, Globeleq is also involved in the 138 MW Jeffreys Bay Wind Farm, located on the Eastern Cape. The three facilities are part of the Government of South Africa's Renewable Energy IPP Procurement Program.

Globeleq is the majority shareholder in a consortium comprised of Mainstream Renewable Power, Thebe Investment Corp., engineering firms Enzani Technologies and Usizo Engineering and local community trusts. Old Mutual is an additional consortium member in the Jeffreys Bay Wind Farm.

During construction the two solar plants created nearly 1,000 jobs of which more than 700 were drawn from the surrounding communities. Now that De Aar and Droogfontein Solar Power are operational, a percentage of project revenues will be reinvested into the local community through socio-economic and enterprise development programs.

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