Teraco to build $106M solar plant - TechGyant

Teraco to build $106M solar plant to address South Africa’s power problems.

Teraco-to-build-$106M-solar-plant-to-address-South-Africa's-power-problems.

Teraco has announced that it will connect its proposed 120MW solar facility to the national electrical grid with the help of Eskom’s grid capacity allocation. The generated power will be wheeled across Eskom and municipal power networks down to Teraco’s facilities across the country. The 120MW solar PV plant is expected to produce over 338 000MWh annually once it becomes fully operational.

Due to Eskom’s inability to provide energy, companies in South Africa have shifted their focus to finding alternative energy sources. Eskom’s load shedding has had a significant impact on business operations and the Southern African economy. To combat this, mining and telecom companies are separating from Eskom to mitigate the detrimental effects of load-shedding.

To keep its operations running despite Eskom’s power shortcomings, Teraco has been spending millions of rands monthly on diesel for generators to run its data centers. Teraco’s CEO confirmed that while their uptime has been 100%, grid availability has only been around 15% and at some sites, as low as 20%. The company needed to supplement this with diesel, which has been a huge cost.

Teraco is expanding its presence in South Africa as a vendor-neutral data center provider. The company has a critical power load capacity of 186MW, which includes the Isando Campus JB1/JB3/JB5 (70MW), the Bredell Campus JB2/JB4 (64MW), the Cape Town Campus CT1/CT2 (50MW), and Durban (2MW).

Teraco’s CEO believes that the grid capacity allocation is a significant step towards the company’s renewable energy vision and meeting the needs of its customers. The company has been working on getting these approvals for a few years, and the goal now is to execute it promptly.

Teraco has partnered with Juwi Renewable Energies South Africa and Subsolar to develop the 120MW solar PV plan. Juwi handles design and manages procurement, construction, and commissioning, while Subsolar oversees the installation. The company has secured a green loan to finance the project.

Also read: Nigerian cleantech startup, Arnergy raises $3M to drive adoption

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