Thakadu solar power plant, South Africa
Name of the Project
Thakadu solar power plant.
Location
Viljoenskroon, on the border of the Free State and North West provinces, South Africa.
Project Owner/s
Lyra Energy – a renewable-energy platform comprising Scatec, Standard Bank and Stanlib, with Scatec owning 50% and the partners owning the remaining 50%.
Project Description
Thakadu is set to become one of South Africa’s most significant private-sector solar projects.
It involves the construction of a 255 MW solar power plant, which will be built in two phases.
Potential Job Creation
Not stated.
Capital Expenditure
About R4-billion and will be financed by a combination of nonrecourse project debt and equity from the owners, with a target leverage of 80%.
Planned Start/End Date
Construction is expected to start in the first half of 2026, with commissioning set to follow shortly thereafter.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Scatec (engineering, procurement and construction, asset management and operations, and maintenance services).
Contact Details for Project Information
Scatec, tel +47 48 08 55 00 or email post@scatec.com.
Article Enquiry
Email Article
Save Article
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.
VISIT SHOWROOM
For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
