Mainstream Renewable Power has signed the key Financing, Power-Purchase and Implementation Agreements with the South African Government for its wind and two solar projects in South Africa which have a combined investment value in excess of € 500 million.
Mainstream will issue Notice to Proceed to its construction contractors this week on all three projects which are scheduled to be fully operational by mid 2014. The projects comprise the 138MW Jeffreys Bay wind farm located in the Eastern Cape; the 50MW De Aar solar PV farm located in the Municipality of Emthanjeni in the Northern Cape; and the 50MW Droogfontein solar PV farm located near the town of Kimberley in the Northern Cape. Mainstream has developed these projects over the last four years and was responsible for gaining all consents, grid connections, project finance, construction contracts, equipment procurement and will also manage the full construction programme under the supervision of a joint steering committee with Globeleq.
Mainstream will issue Notice to Proceed to its construction contractors this week on all three projects which are scheduled to be fully operational by mid 2014. The projects comprise the 138MW Jeffreys Bay wind farm located in the Eastern Cape; the 50MW De Aar solar PV farm located in the Municipality of Emthanjeni in the Northern Cape; and the 50MW Droogfontein solar PV farm located near the town of Kimberley in the Northern Cape. Mainstream has developed these projects over the last four years and was responsible for gaining all consents, grid connections, project finance, construction contracts, equipment procurement and will also manage the full construction programme under the supervision of a joint steering committee with Globeleq.
