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...
Cameroon-based fintech Nkwa App secures $15,000 in funding to accelerate financial inclusion and promote a saving culture
Cameroon-based fintech startup Nkwa App has raised $15,000 in Seed Funding to accelerate financial inclusion and promote a saving culture.
May 18, 2023
Kenyan Startup Sukhiba Connect Raises $1.55 Million to Expand WhatsApp-Based Commerce
Kenyan social commerce startup, Sukhiba Connect, has secured a $1.55 million seed extension round, bolstering its efforts to expand its WhatsApp-based commerce platform across Africa and emerging markets.
August 27, 2024
SA’s The Awareness Company Secures $1.6M Seed Funding to Enhance AI and Expand Market Reach
South African SaaS startup The Awareness Company has successfully raised $1.6 million in seed funding to scale its marketing and sales efforts while advancing the AI capabilities of its flagship product.
January 14, 2025