Free State Business 2019 edition
Free State Business is a unique guide to business and investment in the Free State Province of South Africa. The Free State has several investment and business opportunities. The official launch of the Maluti-A-Phofung Special Economic Zone is a significant event for the economy of South Africa’s most centrally located province. Overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.
Free State Business is a unique guide to business and investment in the Free State Province of South Africa. The Free State has several investment and business opportunities.
The official launch of the Maluti-A-Phofung Special Economic Zone is a significant event for the economy of South Africa’s most centrally located province. Overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.
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FOCUS<br />
Why invest in solar generation<br />
plants in South Africa<br />
• South Africa’s solar irradiation levels are among<br />
the best in the world (>2 000kWh/m²).<br />
• Transition to a cleaner energy mix (low carbon<br />
path).<br />
• Strong local content from government (glass,<br />
mirrors).<br />
• Strong, established local construction<br />
companies.<br />
• Experience in building power stations and mines.<br />
• Current steel and pipes production meeting CSP<br />
requirements.<br />
• A target to generate 45% of all new electricity<br />
from renewable sources by 2030.<br />
• The ongoing success of the renewables procurement<br />
programme and the growing interest of international<br />
developers and funders are helping South<br />
Africa to improve its ranking from nowhere to top<br />
10 investment destinations in the world (Renewable<br />
Energy Country Attractiveness Index 2014).<br />
• South Africa is the region’s clear leader for clean<br />
energy development with record investments of<br />
over US$10-billion in 2012 and 2013.<br />
Drivers for PV and CSP investments<br />
• Environmental issues such as pollution and<br />
exploitation of natural resources.<br />
• Climate change due to CO2 emissions from<br />
fossil fuels.<br />
• Energy security through diversification of supply.<br />
• Sustainable development.<br />
FOREIGN INVESTMENTS IN THE FREE STATE<br />
POWER PLANT<br />
LOCATION<br />
DATE<br />
OF<br />
COMMISSION<br />
INSTALLED/<br />
PLANNED<br />
CAPACITY<br />
STATUS OPERATOR INVESTMENT VALUE<br />
COUNTRY<br />
OF ORIGIN<br />
LETSATSI PV<br />
PROJECT<br />
PULIDA SOLAR<br />
PARK<br />
BOSHOFF SOLAR<br />
PARK<br />
XHARIEP SOLAR<br />
HUB<br />
BLACKWOOD<br />
ENERGY<br />
SOLAR PLANT<br />
EVEREST<br />
SOLAR PLANT<br />
Bloemfontein,<br />
Tokologo LM<br />
Jacobsdal,<br />
Letsemeng LM<br />
May 2014 64MW Operational Solar Reserve<br />
Aug 2016<br />
82MW<br />
Under<br />
construction<br />
Enel<br />
Green Power<br />
3.8-billion, 1-billion cost<br />
of financing<br />
2.4-billion<br />
Tokologo LM Nov 2014 64MW Operational Sun Edison 1.8-billion USA<br />
Kopanong,<br />
Bethulie LM<br />
Planned<br />
600MW<br />
Planned<br />
Concept<br />
develop ment<br />
and project<br />
design<br />
Tokologo LM Planned 75MW Planned<br />
Matjhabeng LM<br />
Planned<br />
75MW<br />
Planned<br />
New<br />
development<br />
Korean<br />
Solar Power<br />
Consortium<br />
New<br />
development<br />
FRV Energy<br />
South Africa<br />
16-billion<br />
TBC<br />
Project occupies 180ha<br />
of the Farm Beyers 186<br />
(393ha)<br />
USA<br />
Italy<br />
Korea<br />
TBC<br />
TBC<br />
GROOTKOP<br />
SOLAR<br />
FACILITY<br />
Matjhabeng LM<br />
Planned<br />
75MW<br />
Planned<br />
New<br />
development<br />
FRV Energy<br />
South Africa<br />
Project will occupy 180ha<br />
of the Farm<br />
Beyers 186 (393ha)<br />
TBC<br />
FREE STATE BUSINESS <strong>2019</strong> 20
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