This week alone, two major solar installation projects were announced for the province, adding to quite a list already in the works.
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The latest additions include three 75MW solar PV farms in Touws River, a small railway town 160km northeast of Cape Town. As per Moneyweb, a deal between a foundry operator and an energy solutions company will mark the province’s largest embedded generation solar project yet.
Atlantis Foundries, an automobile engine and engine parts manufacturer, has signed a 20-year power purchase agreement with Energy Partners, which will effectively replace about 20% of the company’s annual electricity consumption and boast the power to electrify 100 000 households upon completion.
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Manie de Waal, Energy Partners CEO, says the project is expected to save more than 22 000 tonnes of carbon dioxide emissions per year, translating into what could be the highest reduction achieved in the South African automobile industry to date. ‘In financial terms, the system will generate electricity worth more than R35 million per year at current average Eskom tariffs.’
Work on the project is scheduled to commence in May 2024. It will be funded by the National Clean Energy Fund, an initiative aimed at supporting the transition to a low-carbon, resource-efficient and climate-resilient future.
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