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...
HUB2 Secures $8.4 Million Series A Funding to Expand Digital Payments Across Francophone Africa
Francophone-focused fintech startup HUB2 has raised €8 million (US$8.4 million) in a Series A funding round to scale its seamless and secure platform that unifies national and cross-border financial services across various payment methods.
December 5, 2024
Egyptian SaaS Startup Qme Raises $3 Million Seed Funding to Revolutionize Appointment Booking
Egyptian software-as-a-service (SaaS) startup Qme has raised $3 million in seed funding, with AHOY, a deep-technology company, leading the investment round.
February 18, 2025
Nigerian Health Tech Startup MDaaS Global Secures $3 Million for Expansion
MDaaS Global, a Nigerian health-tech startup, has secured $3 million in pre-Series A funding to expand its network of diagnostic clinics and scale its proprietary technology platform, BeaconOS.
March 7, 2024
