Scatec launches Grootfontein solar plant in South Africa's Western Cape
Scatec ASA has announced the start of commercial operations at its 273 MW Grootfontein solar power plant in South Africa's Western Cape. This project is expected to generate 700 GWh of clean energy annually and reduce CO2 emissions by an estimated 630,000 tonnes. The plant is Scatec's first project in the Western Cape and the first solar project to reach commercial operation date under REIPPPP Round 5.
The Grootfontein project secures predictable revenues through a 20-year power purchase agreement. Scatec holds a 51% equity stake, with H1 Holdings owning 46.5% and the Grootfontein Local Community Trust holding 2.5%. Scatec will also provide operation and maintenance and asset management services.
This new facility, the largest co-located solar PV cluster in the Western Cape, contributes to Scatec's global operational and under-construction capacity of 6.2 GW across five continents.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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