Solar Capital De Aar3 Solar PV Park is a 94.5MW solar PV power project. It is located in Northern Cape, South Africa. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in March 2016.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 94.5 | 94.5 | – | Active | Northern Cape, South Africa | Solar Capital |
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Description
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The project was developed by Solar Capital. Moncada Energy Group, Public Investment and Solar Capital are currently owning the project having ownership stake of 35%, 25% and 25% respectively.
Solar Capital De Aar3 Solar PV Park is a ground-mounted solar project which is spread over an area of 265 hectares.
The project generates 164GWh electricity and supplies enough clean energy to power 49,525 households, offsetting 167,000t of carbon dioxide emissions (CO2) a year. The project cost is $222.831m.
Development Status
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By GlobalDataThe project got commissioned in March 2016.
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 75MW.
Contractors Involved
Sterling and Wilson Solar was selected to render EPC services for the solar PV power project.
JinkoSolar Holding was selected as the supplier of PV modules for the project.
The inverters were procured from AEG Power Solutions for the project.
Solar Capital is the O&M contractor for the solar PV power project.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
