EIB, FirstRand Bank to provide EUR 400m for green projects in S Africa
Sep 13, 2024 10:36 CESTChina’s Trina Solar Co Ltd (SHA:688599) has signed an agreement to supply its Vertex N series modules and join familiar associates on a 195-MW utility-scale solar project in South Africa.
The Chinese solar panel maker announced on Tuesday that it is partnering again with South African solar projects developer Sola Group and construction engineering group Wilson Bayly Holmes - Ovcon Ltd (JSE:WBO), shortly after the trio struck an agreement for the 135-MW Merak 1 project in the country.
This time, the companies will collaborate on the Springbok solar project situated in South Africa’s Free State province. Sola Group is charge of the engineering, financing, operations and maintenance side of this project, according to information available on its website.
The Springbok plant will be equipped with 331,200 panels of Trina Solar’s Vertex n-type modules in what is “the first and largest privately developed n-type utility-scale project” in South Africa, according to the Chinese manufacturer. Once in operation, the solar farm is expected to serve multiple off-takers, the statement added.
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