News and updates from the continent

Jasper 96MW solar project up and running

Jasper 96MW solar project up and running

Nov 12, 2014

11 November 2014 ~ California-based SolarReserve reports the 96MW solar PV Jasper project in South Africa is now in full commercial operation and delivering power to up to 80,000 households.

The project was developed by SolarReserve, the Kensani Group and renewable energy developer Intikon Energy and is said to be the largest of its kind in Africa. Jasper has a 20-year off-take agreement with South African power giant Eskom.

SolarReserve’s CEO Kevin Smith said: “In addition to helping South Africa meet its critical electricity needs, the Jasper Project will bring long lasting economic benefits to the region.”

With more than 325,000 PV modules, the Jasper Project will deliver 180,000 megawatt-hours of renewable electricity annually for South African residents.

Equity investment shareholders include Google, which invested US$12 million; the Public Investment Corporation (PIC); Intikon Energy; Kensani Capital Investments; and the PEACE Humansrus Community Trust. SolarReserve with Rand Merchant Bank provided preference share equity.

As part of the South African Renewable Energy Independent Power Producer Procurement Program (REIPPPP), the Jasper project will set aside a percentage of total revenue for enterprise and socio-economic development for the benefit of local communities.

Smith said SolarReserve looks forward to continuing this positive momentum and bringing value to South Africa through collaboration on further projects. These include the proposed 100MW Redstone concentrated solar thermal power (CSP) plant featuring SolarReserve’s technology with integrated energy storage.

Jasper is located near Kimberley, in South Africa’s Northern Cape, in a solar park that also includes the 75 MW Lesedi solar power project which came online in May 2014.

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