USTDA awards SolarReserve 200MW grant for South Africa urban solar farms initiative

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The grant will support the development of up to 200MW of privately-owned and operated solar farms ranging in size from five to 30MW. Source: Flickr/James Willamore

The US Trade and Development Agency (USTDA) has awarded a grant to SolarReserve South Africa to advance their ‘Urban Solar Farms’ initiative in South Africa.

The initiative is a comprehensive study into how to cost-effectively deploy renewable energy in urban areas via large metropolitan municipalities that have consumers with significant power requirements.

The grant will support the development of up to 200MW of privately-owned and operated solar farms ranging in size from five to 30MW. The projects will provide power to end users either directly or through wheeling arrangements with municipal distribution companies.

Urban areas suffer a chronic issue of restricted area, so the projects are primarily ground-mount and will be constructed in an area where there is high demand for daily energy consumption. The projects will also incorporate energy storage for grid-balancing and frequency regulation purposes, as well as to help defer utility substation and network upgrades, according to SolarReserve.

“This ground-breaking study has the potential to impact the way municipalities across South Africa accommodate privately-owned clean power generation within their distribution borders,” said SolarReserve's CEO Kevin Smith, who signed the grant alongside USTDA Director Leocadia Zak. “It represents a unique approach to involving the private sector in expanding South Africa's generation capacity, while stimulating job growth and small business development.”

“This unique private sector-led power solution is a clear demonstration of the impact Power Africa is having on Africa's economic development,” added Zak. “Working together with an innovative American company and a strong partner in South Africa, USTDA is proud to support increased use of renewable energy that will spur broader gains across the economy.”

The grant was officially signed during the annual US-Africa Business Forum held in New York, which is focused on strengthening trade and financial ties between the respective nations.   

Read Next

January 26, 2022
Home security giant ADT is evolving from a security company to a smart home company, with around 80% of its revenue coming from its smart home business, said its president and CEO Jim DeVries
January 24, 2022
More than 260 companies in the US clean energy sector are demanding urgent action on the US$1.75 trillion Build Back Better (BBB) Act, claiming that US$2 billion is being lost in economic activity every month the long-awaited bill is delayed.
January 24, 2022
The average cost of forecasting errors in the US is lower than previously thought at less than US$1/MWh, according to a study by Berkeley Lab that employed a new, publicly available method to examine the practice.
January 21, 2022
Toronto-based renewables developer Amp Energy has closed on a US$350 million credit facility to advance on a global portfolio of renewables and battery energy storage assets.
PV Tech Premium
January 18, 2022
Solar project developer Eco Energy World is aiming to “aggressively” grow its US PV pipeline after formally entering the market last week and intends to replicate the cheaper engineering, procurement and construction (EPC) costs it sees in Europe in the country. PV Tech Premium speaks to CEO Svante Kumlin to find out more.
January 18, 2022
Hive Hydrogen and Linde plc have teamed up to establish the “world’s largest green ammonia export plant” in Nelson Mandela Bay, South Africa that will have a 780,000 ton/year production capacity.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany