The Metropolis of Cape City has introduced that it’s pursuing the Paardevlei Floor-mounted Photo voltaic Photovoltaic and Battery Power Storage System challenge.
The R1.2 billion (~65 million) challenge guarantees to defend the town from one full stage of load shedding.
Positioned simply exterior Somerset West, on a web site of 400 hectares owned by the town, the challenge will produce 60 megawatts price of renewable vitality and might be applied with technical help from the C40 Cities Finance Facility.
“Greater than 60 cities world wide utilized [for the assistance], and Cape City was the one metropolis that was efficiently awarded help for 2 initiatives,” stated Cape City Mayor, Geordin Hill-Lewis.
The help will come within the type of experience required for specialist research relating to environmental impacts, the engineering design of the challenge, in addition to the means to finance the challenge.
Of the R1.2 billion required for the challenge, the town might be allocating R447-million from its R2.3-billion price range to finish load shedding over three years. Different potential funding choices which might be assessed embrace private-public partnerships or having an Impartial Energy Producer develop the challenge after which have the town enter right into a power-purchase settlement for the electrical energy.
“This challenge is one other vital step in our journey away from Eskom reliance and in the direction of a load shedding-free Cape City,” concluded Hill-Lewis.
Different initiatives the Metropolis of Cape City has taken just lately to battle load shedding embrace a brand new tender to purchase 500MW of electrical energy from unbiased producers, incentivising households and companies to feed energy again to the grid from their rooftop photo voltaic installations, and a R1 billion price range allocation for the upkeep and operation of the Steenbras pumped storage hydropower plant.