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South Africa rightfully has the status of one of the largest markets for the development and use of solar energy on the continent. The country’s installed photovoltaic capacity is approximately 2.5 GW and is the largest in Africa compared to other solar systems in operation in the world. You are given the opportunity to become the owner of a solar farm, which will be built in the North-West province of South Africa. You can either buy a solar project with a take-off agreement.
This is a new power generation project involving solar photovoltaic technology and a grid that generates electricity throughout a sunny day. Income will be generated from the fact that the company will sell electricity, which will be produced at the proposed station, to existing customers on a commercially viable basis.
The ready solar project for sale is expected to start in 2021 and last 18-24 months. You can either invest part of the funds in the development of the project and get a profit from your investments in the future, or purchase the project in full, becoming its full owner.
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