EIB, FirstRand Bank to provide EUR 400m for green projects in S Africa
Sep 13, 2024 10:36 CESTJohannesburg, South Africa-based data centre provider Teraco on Wednesday said it will start building a 120-MW solar park in South Africa’s Free State province as it has secured its first grid capacity allocation from public utility Eskom.
The project’s generation will be wheeled across Eskom and municipal power networks to Teraco’s facilities across South Africa.
The grid capacity allocation is a significant step towards meeting the renewable energy ambitions of the company and its clients and marks the first phase of its longer-term renewable energy commitment, said Jan Hnizdo, CEO at Teraco, which is majority-owned by Digital Realty (NYSE:DLR).
The 120-MW array is expected to generate more than 338,000 MWh a year. It will add to about 6 MW of rooftop solar at Teraco facilities, which is set to be increased to 10 MW.
Teraco has teamed up with JUWI Renewable Energies South Africa and Subsolar on the development of the 120-MW photovoltaic (PV) project. JUWI is in charge of managing its procurement, construction and commissioning.
EIB, FirstRand Bank to provide EUR 400m for green projects in S Africa
Sep 13, 2024 10:36 CESTEIB, DBSA commit EUR 200m to back renewable projects in S Africa
Sep 12, 2024 11:43 CESTMirova invests in South African renewables firm SolarAfrica
Sep 11, 2024 13:36 CESTEU grants EUR 32m to support green hydrogen development in S Africa
Sep 10, 2024 16:03 CESTIberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTNacap to build hydrogen pipeline for AGA’s Aussie green ammonia project
Sep 19, 2024 16:03 CEST