Name of the Project
Oya Energy hybrid dispatchable facility.
Location
The project will be developed on a site that spans the Western and Northern Cape provinces, in South Africa, between the towns of Ceres and Sutherland.
Project Owner/s
The power station will be jointly owned and operated by ENGIE (35%), G7 Renewable Energies (20%), Meadows Energy (22.5%) and Perpetua Investment Holdings (22.5%).
Project Description
The 128 MW project was awarded preferred bidder status in the Risk Mitigation Independent Power Producer Procurement Programme in March 2021, and reached legal close on August 30, 2023.
The facility will integrate colocated 86.4 MW wind energy, 155 MW solar photovoltaic arrays and 94 MW/242 MWh lithium-iron-phosphate battery storage on one site using one hybrid plant controller.
Oya will be one of the largest hybrid energy projects in Africa considering the technology mix, size and price.
The facility will operate at a capacity factor of about 75% between 05:00 and 21:30, when national electricity demand is the highest.
Potential Job Creation
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
The project reached financial close on February 13.
Key Contracts, Suppliers and Consultants
RMB (sole mandated lead arranger and bookrunner for the project).
Contact Details for Project Information
Oya Energy, tel +27 21 300 0610 or email info@oya.energy.