Construction of 3 new SA windfarms to begin
Construction works on three new South African wind farms are set to begin this month.
The three projects, mainly located the Northern Cape, will have a combined capacity of 360 MW with an investment estimated to be US$0.77bn.
They are the Noupoort wind farm with a capacity of 80 MW, and Loeriesfontein and Khobab with a capacity of 140 MW each, located in Namakwa.
These power generation projects will help increase the amount of renewable energy used in South Africa by 600 MW.
Construction will be undertaken by Murray & Roberts and Conco who have been selected as main contractors. However, Siemens will supply and install the wind turbines.
The project is an investment by Mainstream Renewable Power, and other equity partners such as through its Actis Energy 3 Fund (an arm of Actis), as well as local community trusts. A partnership between Genesis Eco-Energy and Lereko Metier Sustainable Capital will also be a joint partner in the investment.
Other companies participating as partners are Thebe Investment Corporation, Old Mutual’s IDEAS Managed Fund and Futuregrowth Asset Management.