CRE has partnered with Mulilo, Total ED, IDC and Futuregrowth in developing two Solar PV farms in the Northern Cape, one in De Aar and the other in Prieska. These projects will kick start CRE not only as an equity investor but from an operational perspective as well. CRE has a 25% shareholding in this 75MW solar PV.
The Mulilo Prieska 75MW Solar PV Project has maximised the components of economic development in line with the guidelines of the Department of Energy. The jobs created during construction and operation are expected to be high compared to the market, and the use of black, local labour will be optimised. Also important to CRE is the use of local content. The use of local content on this project includes locally manufactured panels.
The project is expected to reach commercial operation date in April 2016.