BioTherm wins financing for 47MW South African solar and wind projects

November 21, 2012
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South African developer, BioTherm Energy, has announced that it has closed on the financing of one wind and two solar PV renewable energy projects located throughout the country.

Construction of the projects, which are anticipated to produce a total combined output of 47MW, will begin immediately. The Aries Solar Energy Facility, located in Kenhardt, Northern Cape, is expected to produce 10MW. BioTherm’s second solar project is the Konkoonsies Solar Energy Facility located in Pofadder, also Northern Cape. The anticipated output is also 10MW.

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The Dassiesklip Wind Energy Facility will be located in Caledon, Western Cape and have an installed capacity of 27MW.

“These three projects represent a pivotal point for our company,” said Chief Executive Officer Jasandra Nyker. “We are a proud South African company and look forward to being an integral part of the government’s focus on bringing competitively priced renewable energy resources online for the people of our country.”

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