|Sector:||Renewable Energy - Solar|
IDEAS Managed Fund
|Location:||Northern Cape, South Africa|
Vredendal Solar Power Company was established to develop, own, construct, finance and manage a solar park in the town of Vredendal in the Western Cape. The park has an installed capacity of 10.5 MW and consists of 35 000 x 300kW Renesola modules manufactured by Solaire Direct Technologies in Cape Town. Under a 20-year power purchase agreement, the project began construction in 2013 and electricity delivery to the grid started in 2014.