Zeerust Solar PV Park is an 86MW solar PV power project. It is located in North-West, South Africa. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2021.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 86 | 86 | – | Active | North-West, South Africa | Sturdee Energy; SunEdison |
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Description
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The project was developed by Sturdee Energy and SunEdison. African Infrastructure Investment Managers, African Rainbow Energy And Power, Phakwe Power, Reatile Group and Cicada Community Trust are currently owning the project having ownership stake of 50.01%, 15%, 15%, 15% and 4.99% respectively.
Zeerust Solar PV Park is a ground-mounted solar project which is spread over an area of 177 hectares.
The project generates 180,000MWh electricity and supplies enough clean energy to power 84,000 households. The project cost is $137.6m.
The project consists of 261,348 modules.
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By GlobalDataDevelopment Status
The project got commissioned in January 2021.
Power Purchase Agreement
The power generated from the project is sold to Eskom Holdings SOC under a power purchase agreement for a period of 20 years from 2021. The contracted capacity is 75MWh.
Contractors Involved
Cobra Energia was selected to render EPC services for the solar PV power project.
About SunEdison
SunEdison, Inc. (SunEdison) is a solar energy company that develops and sells photovoltaic energy solutions, and owns and operates clean power generation assets. The company also develops, manufactures and sells silicon wafer for the semiconductor industry. It also offers solar energy services to its clients that integrate the design, financing, installation, monitoring, operations and maintenance functions of the downstream solar market. SunEdison serves commercial customers including national retail chains and real estate property management firms; federal, state and municipal governments; utilities; and customers from the semiconductor industry. The company, together with its subsidiaries, manufacturing facilities and representative offices, operates in the US, Canada, Europe, Asia, Latin America, and Middle East and North Africa (MENA). SunEdison is headquartered in Maryland Heights, Missouri, the US.
The company and some of its domestic and international subsidiaries have filed for reorganization under chapter 11 of the U.S. Bankruptcy Code in April 2016.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
