R2.5bn solar project to power Motsepe’s African Rainbow Minerals
Sola Group to build 132MW plant in North West that will supply Two Rivers, Bokoni and Nkomati mines
Independent power producer Sola Group, which is part-owned by billionaire Patrice Motsepe’s African Rainbow Energy, will build a R2.5bn solar facility in the North West, having finalised finance agreements with banks and partners.
The 132MWp (maximum potential MW output at peak) project will sell energy to the platinum mining operations of African Rainbow Minerals (ARM), the diversified miner founded by Motsepe, through a long-term power purchase agreement using the national grid to deliver the power...
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