SOLAR TRADING
The 50 MW Ilikwa PV Facility, built by Mainstream Renewable Power near Parys in the Free State, and which is owned by Mainstream (70%) and Investec (30%), has entered into commercial operation. Licenced electricity trader Energy Exchange of Southern Africa, itself owned by Rand Merchant Bank and Remgro, has entered into a long-term power purchase agreement to buy half of the electricity generated, which will be re-sold to commercial and industrial customers.
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