The City of Cape Town has introduced that it’s pursuing the Paardevlei Ground-mounted Solar Photovoltaic and Battery Energy Storage System project.
The R1.2 billion (~65 million) project guarantees to protect town from one full stage of load shedding.
Located simply exterior Somerset West, on a web site of 400 hectares owned by town, the project will produce 60 megawatts price of renewable vitality and might be carried out with technical help from the C40 Cities Finance Facility.
“More than 60 cities around the world applied [for the assistance], and Cape Town was the only city that was successfully awarded assistance for two projects,” mentioned Cape Town Mayor, Geordin Hill-Lewis.
The help will come within the type of experience required for specialist research relating to environmental impacts, the engineering design of the project, in addition to the means to finance the project.
Of the R1.2 billion required for the project, town might be allocating R447-million from its R2.3-billion funds to finish load shedding over three years. Other potential funding choices which might be assessed embody private-public partnerships or having an Independent Power Producer develop the project and then have town enter right into a power-purchase settlement for the electrical energy.
“This project is another critical step in our journey away from Eskom reliance and towards a load shedding-free Cape Town,” concluded Hill-Lewis.
Other initiatives the City of Cape Town has taken just lately to fight load shedding embody a brand new tender to purchase 500MW of electrical energy from unbiased producers, incentivising households and companies to feed energy again to the grid from their rooftop solar installations, and a R1 billion funds allocation for the upkeep and operation of the Steenbras pumped storage hydropower plant.
…. to be continued
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