Key Developments
Teraco to Invest $106 Million in South Africa's Largest Private 120MW Solar Plant for Data Centers
Teraco, a leading African provider of carrier-neutral colocation data centers, has announced plans to build a 120-megawatt (MW) utility-scale solar photovoltaic (PV) power plant in South Africa’s Free State province.
This comes amidst ongoing energy challenges faced by the country, with Eskom, the state-owned electricity provider, struggling to meet demand due to its reliance on coal-fired power stations.
“Eskom’s load shedding has significantly impacted businesses, including ours,” said Jan Hnizdo, CEO of Teraco.
“Eskom’s load shedding has significantly impacted businesses, including ours,” said Jan Hnizdo, CEO of Teraco.
“This project will allow us to supplement our energy needs with clean, renewable power, reducing our reliance on expensive and environmentally harmful diesel generators.”
The $106 million project is expected to be completed within 18 months and will connect to the national grid.
The $106 million project is expected to be completed within 18 months and will connect to the national grid.
Once operational, the plant is estimated to generate over 338,000 MWh of electricity annually, powering Teraco’s data centers across the country and contributing to a more sustainable future.
Teraco has partnered with Juwi Renewable Energies South Africa and Subsolar for the development of the solar plant.
Teraco has partnered with Juwi Renewable Energies South Africa and Subsolar for the development of the solar plant.
Juwi will handle design, procurement, construction, and commissioning, while Subsolar will oversee the installation.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Norrsken22 Closes $205 Million Fund From More Than 30 Investors to Back Growth-Stage African Startups
Norrsken22, an Africa-focused venture capital firm, has closed its first African technology growth fund at $205 million, surpassing its target of $200 million.
November 4, 2023
Madica Backs Five African Startups With Up to $1 Million, Enters Algeria and Cameroon
Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.
September 16, 2026
Egypt’s Raya Foods Secures $40 Million Investment from Helios Investment Partners
Egyptian firm Raya Foods has secured a $40 million investment from Helios Investment Partners.
October 30, 2024