Siemens has begun work on two 50 MW photovoltaic projects in South Africa for Globeleq Generation Limited. They are scheduled to be operational by mid-2014.
The two projects were awarded to Globeleq – the majority shareholder in a consortium comprised of Mainstream Renewable Power, Thebe Investment Corporation, engineering firms Enzani Technologies and Usizo Engineering and local community trusts – under South Africa’s Renewable Energy IPP Procurement Program.
Siemens will construct the De Aar farm in Emthanjeni, and the Droogfontein farm near Kimberley, under a lump-sum turnkey EPC contract. Suntech, meanwhile, will deliver the necessary photovoltaic modules. The 100 MWs are expected to be online by mid-2014.
Overall, the consortium will invest €500 million in the two projects. Funding has been received from a syndicate of lenders led by Absa bank and Barclays.
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