Scatec ASA has commenced commercial operations of the 273 MW Grootfontein solar project in South Africa. The project, located in the Western Cape, will supply electricity under a 20-year power purchase agreement (PPA). It is expected to produce 700 GWh of electricity annually. The project is anticipated to offset around 630,000 tonnes of carbon emissions annually.
Furthermore, the ownership structure of the project comprises a 51 per cent equity stake held by Scatec, a 46.5 per cent share held by a Black Economic Empowerment partner, and a 2.5 per cent share owned by a local community trust. Additionally, Scatec will oversee operation and maintenance along with asset management for the project.
Earlier this month, Scatec and its joint venture partner Aboitiz Renewables secured a 20-year PPA for a 68 MW floating solar project in the Philippines under the Green Energy Auction Programme (GEA)-4. The project, to be developed through SN Aboitiz Power on the Magat reservoir in Isabela province, will operate alongside SNAP’s existing 388 MW impoundment hydropower plant, 8.5 MW run-of-river hydropower facility, and 24 MW battery energy storage system.
