Harmony Gold Welkom Solar PV Park is a 30MW solar PV power project. It is planned in Free State, South Africa. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed by BBEnergy, Energy Group and Harmony Gold Mining. Mahlako Financial Services and Harmony Gold Mining are currently owning the project having ownership stake of 51% and 49% respectively.
Harmony Gold Welkom Solar PV Park is a ground-mounted solar project.
The project is expected to generate 68,000MWh electricity to offset 65,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $26.85m.
Development status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Harmony Gold Mining under a power purchase agreement for a period of 15 years.
For more details on Harmony Gold Welkom Solar PV Park, buy the profile here.
About BBEnergy
BBEnergy (Pty) Ltd (BBEnergy) specializes in focusing on energy projects, water projects and extensive data analytics. BBEnergy is headquartered in Pretoria,Gauteng,South Africa.
About Energy Group
Energy Group (Energy Group) is an advisor and investor in industrial clean energy. Energy Group is headquartered in Cape Town, Western Cape,South Africa.
About Harmony Gold Mining
Harmony Gold Mining Co Ltd (Harmony) is a gold exploration and mining company. It carries out underground and surface gold mining, exploration, processing and smelting activities. It operates mines in South Africa and Papua New Guinea. In South Africa, the company owns nine underground mines, one open-pit mine, processing plants and many surface operations. The company’s surface operations are carried out in the Witwatersrand basin of South Africa, and the Green Stone belt. In Papua New Guinea, it operates Hidden Valley open-pit mine, and other exploration projects such as Wafi-Golpu gold copper project and Kili Teke prospects. Harmony is headquartered in Johannesburg, Gauteng, South Africa.