“We are pleased to reach another milestone with the grid connection of our fourth solar power plant in South Africa, with a combined capacity of 276 MW” said Raymond Carlsen, CEO of Scatec Solar. “South Africa continues to be a very important market for Scatec Solar, and we are developing several interesting project opportunities both within the utility scale segment as well as our container based solar solution – Release”.
The three projects in Upington was awarded in April 2015 in the fourth bidding round under the Renewable Energy Independent Power Producer Programme (REIPP) in South Africa. Scatec Solar owns 42 percent, Norfund holds 18 percent, the surrounding Community of Upington 5 percent and H1 Holdings, a South African Black investor holds the remaining 35 percent of the equity. The two remaining solar plants totalling 172 MW are expected to reach commercial operation within the next few months.
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