May 4

South Africa: Golden Valley Wind Energy Project Reaches Commercial Operation

Renewable power developer BioTherm Energy has completed all four of its projects in South Africa, with the latest, the Golden Valley Wind Energy Facility, having come on stream in the Eastern Cape.

The company’s R6.5bn ($449.6m) investment, connects 284MW into South Africa’s national grid and is partnered by Thebe Investment Corporation (TIC), which has a 37.5% stake in all four projects.

The 123MW Golden Valley Wind Energy Facility reached commercial operations 1 May 2021 and is expected to generate over 477GWh of renewable power each year, equivalent to the energy needs of approximately 120,000 households.

Photo courtesy of usukhbayar-gankhuyag.

Source: ESI Africa (link opens in a new window)

energy access, impact investing, renewable energy