SolarAfrica Secures $98 Million in Implementing the First Phase of Its 1 GW SunCentral Solar Project in South Africa
SolarAfrica has secured $98 million that will facilitate in implementing the first phase of its 1 GW SunCentral solar project. The independent power producer has reached financial close on the first 144MW component of its projects. The company has achieved this alongside its funding partners Investec and RMB. The $98 million investment into SunCentral marks the start of the project’s rollout. SunCentral is a large-scale solar photovoltaic plant located between Hanover and De Aer in the Northern Cape.
Photo courtesy of David Monje.
Source: Construction Review (link opens in a new window)
- Tags
- energy access, renewable energy, scale, solar
