Juwi to build 250MW of solar projects in South Africa
June 12, 2019
13 August: juwi Renewable Energies has signed three EPC and O&M contracts, with a combined value of ZAR3 billion (US$204.5 million), with African Infrastructure Investment Managers (AIIM) for 250MW of grid-connected solar projects in South Africa.
Under the deals signed, AIIM’s IDEAS Managed Fund is a 50.01% shareholder in the three projects which were signed by Juwi, under Round 4 of the REIPPPP Programme.
The agreements follow in the wake of energy minister Jeff Radebe’s ZAR56 billion announcement in April 2018, contracting 27 independent renewable energy power producers to add 2.3GW of renewable electricity to the national grid over the next five years.
The three projects are the 86MW Waterloo Solar Park situated near Vryburg in the North West Province, the 78MW Bokamoso Solar Park situated near Leeudoringstad in the North West Province, and the 86MW Droogfontein 2 Solar Park situated near Kimberley in the Northern Cape.
