Umkhombe solar facility
- Location: Dealesville, Tokologo Local Municipality, Lejweleputswa District Municipality
- Economic sectors: Renewable energy, photovoltaic (PV) solar
- Company name: Umkhombe Solar Pty (Ltd)
Project description
To develop, build, finance, own and operate a renewable energy PV solar facility with a total capacity of 56 MWAC to supply energy to a private off-taker.
Investment value: R9-million
Funding sources: Commercial banks and DFIs
Funding gap: Negotiations underway with funders
Incentive required: R2-million
Jobs to be created: 560
Project status: Pre-implementation
Regulatory requirements: Completed
Unblocking issues: Agricultural rezoning; water rights; spatial planning with municipality (SPLUMA)
Partnerships: IB Vogt GmB, a German independent power producer
Return on investment: Internal Rate of Return capped at 12%
Find out more
Find out more about the project and related opportunities in the Free State, contact the Free State Development Corporation:
