About Jasper Power Company

The Jasper project was jointly developed by SolarReserve, a U.S. developer of utility-scale solar power projects, Kensani Capital Investments a South African experienced empowerment infrastructure player and Intikon Energy, a South African developer of renewable energy projects.

What We Do

Electricity Production

Approximately 180 000MW-hours annually

Power Purchaser

20-year government support PPA with Eskom

Size

Length from North to South – 3km

Introduction

Notice to proceed was issued on the 17th of June 2013, and construction began immediately thereafter. After a sixteen-month construction period and two months of early operating power, the project began its operations on the 17th of December 2014.

The project is based on a 20-year power purchase agreement with Eskom, the South African power utility. The project cost ZAR2.3 billion ($260 million) and has generated 44 permanent operational jobs.

Key Project Benefits

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Green Energy

Clean, zero-emission solar energy in South Africa.

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Meeting Targets

Assisting South Africa meet its renewable energy targets.

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Staffing

Direct and indirect employment.

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Operating Expenses

During the 20+ year operating life, the project will expend in excess of ZAR 2 billion on operations and maintenance costs.

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Long Term

Enterprise Development and Socio-Economic Development investments.

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Provisional acceptance

Achieved almost two months ahead of schedule.

Percent Total project value is on local spend

Million man-hours to construct the plant

Percent of local content are B-BBEE providers

Homes Powered

Project Description

The Jasper Power Company holds an electricity generation license permitting it to operate, generate and sell energy from a 75 MW-AC/ 96 MW-DC PV power station situated in the Northern Cape Province of South Africa. The facility comprises of 39 units of 2-MW-AC Ingeteam central inverter stations (each central inverter station consists of 2X1,019kW inverters). Approximately 325 600 modules were installed at the facility.

The project is financed on a non-recourse project finance basis, with a project cost of circa ZAR2.3 billion ($260 million). The completed power facility can generate enough clean energy to power approximately 80,000 homes.

At project inception the Engineering, Procurement and Construction (EPC) as well as the Operations and Maintenance (O&M) contracts were awarded to Group Five, and joint venture partners Iberdrola.

Currently the Operations and Maintenance of the project is run in a joint venture partnership between GranSolar (GRS) and the Umbono Energy Group, collectively called Jasper OM (Pty) Ltd effective. With the appointment of Jasper OM (Pty) Ltd, Jasper now has a 51% Black owned operator GRS and its subsidiary is a company that specializes in the construction of photovoltaic plants and their connection to the grid as well as a multitude of integrated services and has operations in five continents.