Oya Energy Solar PV Park is a 155MW solar PV power project. It is planned in Western Cape, South Africa. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed by EDF Renewables (South Africa), G7 renewable energies and Oya Energy. The project is co-owned by G7 renewable energies, Innowind Investments, Meadows Oya Energy, Oya Energy and Perpetua RMI4P Oya, with their respective ownership stake of 20% each.
Oya Energy Solar PV Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 320,000 households.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Eskom Holdings SOC under a power purchase agreement.
Contractors involved
Power Construction Corporation of China is expected to render engineering procurement construction services for the solar PV power project.
For more details on Oya Energy Solar PV Park, buy the profile here.
About EDF Renewables (South Africa)
EDF Renewables (South Africa) Pty Ltd formely known as InnoWind (Pty) Ltd (InnoWind), a subsidiary of EDF Energies Nouvelles SA, is a renewable energy company that operates wind farms. The company develops, finances, builds, owns and operates renewable energy generation facilities in Sub-Saharan Africa. It also provides oversight services for renewable energy projects by managing the projects and their commercial agreements over their entire life cycle. The company is currently engaged in management and development of wind farm project in eastern cape region include Waainek Wind Farm, Grassridge Wind Farm, Chaba Wind Farm, Wesley-Ciskei, and others . It offers services such as project development, construction management and asset management on renewable energy projects in partenership with other business entities. The company runs its operations in Port Elizabeth and Cape Town, South Africa. EDF Renewables is headquartered in Cape Town, South Africa.
About Oya Energy
Oya Energy (Pty) Ltd is a renewable energy company that provides dispatchable renewable energy for the risk mitigation procurement program of independent power producers. The company is headquartered in Cape Town, South Africa.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.