South Africa: CSI Solar sells modules

CSI Solar Co announced the contracting of 256 MW of solar modules by SOLA Group, a Cape Town-based power producer.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

CSI Solar Co announced the contracting of 256 MW of solar modules by SOLA Group, a Cape Town-based power producer.

Two major projects

Canadian Solar Group’s subsidiary, signs a 256 MW sales contract to power South Africa’s two largest solar power projects. The SOLA Group operates these projects with a capacity of 126 MWp and 130 MWp each. Their construction in the North-Western province of South Africa started 2 months ago and will be completed in the first quarter of 2024.

These projects cover an area of approximately 430 hectares. Together, they will produce more than 580 GWH of renewable electricity each year to power 40,000 homes. CSI Solar’s modules are an achievement for the climate, as on average the country’s CO2 emissions will be reduced by 595 tons per year.

The CEO of SOLA Group, announced:

“These are the first solar projects of this scale in South Africa that rely on private power purchase agreements. The fact that these projects are 100% South African owned, financed, constructed, operated and managed is also a plus for the country. We hope that the model of private power through bilateral agreements will be more widely adopted. The benefits to the end user are competition, choice and ultimately a more diverse contribution to the electricity system.

A unique technology

The projects will use a total of 390,073 BiHiKu7 modules. These are very powerful modules since they can generate up to 670 W and offer an efficiency of up to 21.6%. These bifacial modules are also based on 210 mm wafers, which makes them larger than average.

These features make them adaptable to any type of public utility project. They can be used with most inverters and trackers. Finally, their size allows for an increased reduction in BoS (Balance of System) and LCOE (Levelized Cost of Energy) costs.

The president and CEO of Canadian Solar says he is “pleased” to be working with SOLA on projects that are so critical to opening up the South African grid to more “flexible” electricity trading. The BiHiKu7 modular technology guarantees the quality and reliability of the company’s products.

This competitive price/performance ratio will undoubtedly allow the South African energy sector to provide additional support for renewable energy. In any case, SOLA seems determined to transform the entire continent with clean energy.

 

Terra-Gen has closed $383.3mn in financing for the construction of its Lockhart III and IV solar units, adding 205 MW to California’s grid with commercial operations expected in 2026.
US developer Ecoplexus has closed a $300mn financing deal with KKR and SMBC to support over 13GW of solar and storage projects under development across the country.
EDP will supply 30% of Carrefour Polska’s energy needs through a PPA combining solar and wind, marking a step forward in the development of renewable capacity in Poland.
French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.
Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.
Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.
Westbridge Renewable Energy has secured final regulatory approval in Alberta for its Dolcy Solar project, marking the last step before construction can begin.
Chinese firm Sunman will build Australia’s largest solar module plant in the Hunter Valley, backed by AUD171 mn ($111.92 mn) in public funding.
Botswana has concluded a series of energy agreements with Omani public investors, including the development of a 500 MW solar power plant and projects in fuel storage and petroleum trading.
With 16.8 MWp of capacity, the Triticum plant in Bavaria marks a strategic investment for MaxSolar, strengthening the agrivoltaic model in the German energy landscape.
Greencells has signed a partnership with Belgian company 3E to transfer over 3 GW of solar and storage capacity to SynaptiQ, a central monitoring and analytics platform.
Spanish group Grenergy has signed an agreement to sell seven solar projects with a total capacity of 88 MW to Ecopetrol, as part of its asset rotation strategy.
Zenith Energy has launched a tender for the construction of three solar plants totalling 7 MWp in Italy, with expected bank financing covering up to 90% of costs.
JA Solar unveils a pioneering white paper on photovoltaic systems in arid regions, with a module designed to withstand extreme desert conditions and improve long-term energy yield.
Shikoku Electric Power lowers its acquisition threshold for solar projects to 500kWAC and calls for proposals to develop floating plants on reservoirs of at least 15,000m².
Canadian Solar has started delivering non-fossil certificates from a new 20 MWAC solar plant in Okayama under a 25-year virtual power purchase agreement with a Japanese company.
Ecopetrol has reached a conditional agreement to acquire seven companies holding photovoltaic projects across four Colombian departments, for a total potential of 88.2 MWp.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.