Scatec, a leading renewable energy provider, has started commercial operation of the second 60-megawatt phase of the 120-megawatt Mmadinare Solar Cluster in Botswana, completing the company’s first project portfolio in the country ahead of schedule and within budget.
The Mmadinare Solar Cluster’s first phase has been operational since March this year. The power plant will generate predictable revenues from a 25-year power purchase agreement with Botswana Power Corporation, the national utility. Scatec owns 100% of the project portfolio but expects to reduce its long-term economic interest by inviting additional equity partners.
Terje Pilskog, CEO of Scatec, said: “We are very proud to achieve COD for the second phase of the solar power plant portfolio within budget and ahead of schedule, reinforcing our commitment to advancing renewable energy in the region. This is an important first step for Botswana, that holds a significant potential for deployment of competitive and reliable renewable energy to support economic development.”
Together, the two power plants are expected to generate 280 gigawatt-hours of clean energy annually, leading to an estimated abatement of 380,000 tons of CO2 emissions. Scatec will provide Operation & Maintenance and Asset Management services to the power plants.
Source: energy-pedia.com