SgurrEnergy Provides Technical Advisory Services on Landmark South African Solar Projects
International renewable energy consultancy, SgurrEnergy, has helped US solar energy developer, SolarReserve, secure $586m equity and debt financing for the construction of two large scale solar photovoltaic (PV) projects in South Africa.
Glasgow (I-Newswire) January 22, 2013 - International renewable energy consultancy, SgurrEnergy, part of Wood Group, has helped US solar energy developer, SolarReserve, secure $586m equity and debt financing for the construction of two large scale solar photovoltaic (PV) projects in South Africa, anticipated to commence this year.
SolarReserve, which is part of a consortium including The Kensani Group and Intikon Energy, appointed SgurrEnergy as technical advisor on the projects involving the Letsatsi and Lesedi PV plants which were consented through the South African Department of Energy’s (DOE) Renewable Energy Independent Power Producer Procurement Programme (REIPPP).
The REIPPP was set up to help deliver the country’s intention to generate 3725MW of its electricity needs from renewable sources by 2015.
SgurrEnergy provided a variety of technical advisory services to SolarReserve during the project’s development phase including solar resource assessment, outlining of plant designs, energy yield predictions, drafting of technical content relating to the project’s EPC and O&M contracts as well as appraisal of contractor proposals.
SgurrEnergy’s advisory work helped contribute to SolarReserve securing the vital funding they required to take the project to financial close that will allow construction to commence in 2013.
The Letsasi and Lesedi solar plants will be among the first large scale plants built in South Africa which is just beginning to take advantage of the country’s high level of renewable energy potential. Between them, these plants will generate enough clean energy to power more than 50,000 homes.
Keith Richardson, PV development director at SolarReserve, said; “We are delighted to have reached financial close at Lesedi and Letsatsi and put into construction this landmark project, SolarReserve’s first in South Africa. We are pleased to be working with technical advisors of SgurrEnergy’s calibre as we deliver on our corporate objective of constructing solar power plants of the highest technical, contractual and financial quality.”
Adam Spearey, project manager at SgurrEnergy, said; “It has been a pleasure working with SolarReserve on such a high profile project. At 75MW each, the Lesedi and Letsatsi plants will be amongst the largest renewable energy projects ever constructed in Africa. We congratulate SolarReserve in securing the consents and financing necessary to deliver these landmark projects and look forward to supporting their plans going forward.”
SgurrEnergy is a leading independent engineering consultancy specialising in worldwide renewable ene More..rgy projects. We have the capability to deliver at every phase of a project, from the early stages of site selection, feasibility and design right through to project management of the construction phase and operation and maintenance.
Our multi-disciplinary consultants have extensive sustainable energy experience worldwide. To date we have assessed over 65,000MW of renewable energy development internationally and this figure is growing rapidly every month. Our clients include utilities, financiers, developers and many other public and private sector organisations.Less..
225 Bath Street
Phone : 441412271700
Published On:January 22, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
Green Modeling Advances Shadow Analysis Services in Its Portfolio
Online New Nuovasimat.com, Leader in Mechanical Maintenance Field
RETTEW Appoints General Counsel
CFD Outsourcing Advances Rotation Machinery Analysis in Its Portfolio
HiTech Recommends Finite Element Analysis (FEA) for Speed Engineering Analysis