Tshepong, Eland & Nyala Solar PV

ACED role:

Co-sponsor to AIIM / IDEAS Fund, and primarily responsible for procurement and PPA negotiations, the technical-commercial interface and overarching transaction management, including raising debt funding. ACED also oversaw all land and permitting workstreams, and provided construction management.

Location:

This cluster is located in Odendaalsrus in the Free State Province. The Tshepong project connects directly to Eskom’s Distribution System and “wheels” energy to Harmony Gold’s point of supply, where Eskom credits them for the energy supplied. The Eland and Nyala projects connect directly to Harmony’s electrical system (behind the meter).

IPP:

Old Mutual, through the IDEAS Fund, is majority shareholder in this project.

Capacity:

Each project has a 9MW capacity, totalling 27MW, and the Tshepong Project is the first project-financed “wheeling” project in South Africa.

Status:

Commercial Operation reached in August 2023.