Solar Capital De Aar 1 is a 94.5MW solar PV power project. It is located in Northern Cape, South Africa. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. Post completion of construction, the project got commissioned in August 2014. Buy the profile here.
The project is developed and owned by Moncada Energy Group and Solar Capital. The company's ownership stake in the project stands as 35.5% and 25.5% respectively.
Solar Capital De Aar 1 is a ground-mounted solar project which is spread over an area of 282 hectares.
The project generates 150,000MWh electricity and supplies enough clean energy to power 35,000 households. The project cost is $232.93m.
The project got commissioned in August 2014.
Power purchase agreement
The power generated from the project is sold to Eskom Holdings SOC under a power purchase agreement for a period of 20 years. The contracted capacity is 94.5MW.
Moncada Energy Group was selected to render engineering procurement construction services for the solar PV power project.
Moncada Energy Group was selected as the supplier of the PV modules for the project. The company installed 203,948 modules at the site.
Moncada Energy Group and Solar Capital were contracted to render operations & maintenance services for the project.
For more details on Solar Capital De Aar 1, buy the profile here.
About Moncada Energy Group
Moncada Energy Group Srl (Moncada Energy) is a renewable energy company that produces electrical energy from renewable energy sources. The company operates through business divisions such as wind, solar and biomass. Its wind division manufactures wind turbine components such as heat treatment of welded components, surface finishing, main frame, extender, nacelle and generator. Moncada Energy’s solar division develops photo voltaic products in medium and large size and thin film panels. The company’s biomass division designs, constructs and manage power plants for a power of 44 MW. Moncada Energy is headquartered in Milan, Italy.