TeraSun Energy Solar Power Station explained

TeraSun Energy Solar Power Station
Country:Namibia
Coordinates:-22.4122°N 14.9992°W
Location:Arandis, Erongo Region
Status:P
Construction Began:2022
Commissioned:2024 Expected
Cost:US$69.8 million
Owner:TeraSun Energy
Operator:TeraSun Energy
Solar Type:PV
Ps Site Area:120ha
Ps Units Planned:148,000
Ps Electrical Capacity:81MW
Ps Annual Generation:227.7 GWh

The TeraSun Energy Solar Power Station is a planned 81 megawatts solar power plant in Namibia. The power station is owned and is being developed by a consortium comprising Natura Energy, a Namibia-based energy company and Globleq Africa Limited, an independent power producer (IPP), headquartered in the United Kingdom.[1] [2]

The developers of this solar farm intend to sell the electricity directly to commercial customers in Namibia, through the transmission network of NamPower, the national electricity utility company, as permissible by the recent changes in the laws of the country.[1] [2]

Location

The power station would occupy a piece of real estate measuring 120ha, in the town of Arandis, in Erongo Region, in western central Namibia.[1] [2] Arandis is located approximately 51km (32miles) northeast of Swakopmund, the capital of the Erongo Region. This is about 307km (191miles) west of Windhoek, the capital city of that country.

History

Namibia's Natura Energy, through its subsidiary TeraSun Energy, has been developing this power station on its own since circa 2018. At that time a 50 MW installation was being considered at an estimated cost of US$63.2 million.[3] [4]

In 2021, Natura Energy convinced Globeleq Africa to become a shareholder in the project. Globeleq Africa is an IPP based in the United Kingdom with knowledge and experience in energy generation, transmission, distribution, marketing and financing in Africa. The capacity of the power station was increased from the original 50 MW to 81 MW. The cost of construction also went up from US$63.2 million to US$69.8 million.[1] [2] [5]

Developers

TeraSun Energy is the special purpose vehicle (SPV) created by the power station developers to design, own, build, operate and maintain this power station. The ownership of the SPV company is as illustrated in the table below.[1] [2] [5]

Shareholding In TeraSun Energy! Rank !! Shareholder !!Domicile !! Percentage !! Notes
1 Natura Energy
2 Globeleq United Kingdom
Total 100.0

Timeline

Construction is expected to start in 2022, with commercial commissioning anticipated in 2023.[1] [2]

See also

External links

Notes and References

  1. Web site: . N$1 billion solar plant planned for Arandis…agreement between Namibia and UK companies . 28 June 2021 . New Era . 16 May 2022 . Windhoek, Namibia.
  2. Web site: . Major solar park on the cards for Arandis . 2 July 2021 . Adam Hartman . 16 May 2022 . Windhoek, Namibia.
  3. Web site: Power-Technology.com . TeraSun Energy Arandis Solar PV Park, Namibia . 25 January 2022 . Carmen . 16 May 2022 . New York City.
  4. Web site: Namibia: Natura Energy to build 50 MW solar power plant in Arandis . Afrik21.africa . 29 June 2019 . Boris Ngounou . 16 May 2022 . Paris, France.
  5. Web site: Afrik21.africa . Namibia: Natura Energy agrees with Globeleq for 81 MWp solar power plant . 1 July 2021 . Jean Marie Takouleu . 16 May 2022. Paris, France.