HomeNewsCennergi buys solar project from Subsolar Energy and Ruscello Renewable Energy

Cennergi buys solar project from Subsolar Energy and Ruscello Renewable Energy

12 April 2012 – Cennergi, the newly launched South African energy company, has acquired development rights to a solar photovoltaic project from a consortium comprising Subsolar Energy and Ruscello Renewable Energy.

The project is based South Africa’s North West Province and could start commercial operation by the end of 2013.

Dick Berlijn, managing director of Subsolar says, “We are glad to have been able to provide Cennergi with this project, and we hope this is the beginning of more solar projects coming online in South Africa. All projects developed by Subsolar have a strong consideration for the requirements of all the stakeholders, and we view Cennergi’s acquisition of this project as proof of the quality of the work we have done.”

Michiel van Beek, managing director of Ruscello “By combining the solar project development experience of Ruscello in Europe with the strong local and business development knowledge of Subsolar we managed to develop attractive projects in a relatively short time.” 

South Africa is facing both a short and medium term energy shortage. Due to the short construction time of solar photovoltaic (PV) power plants, these plants provide an effective way to mitigate short term energy deficits. Development of these solar PV plants supports the South African government’s intention to have 42% of its new-build energy capacity being generated from renewable energy technologies, as detailed in the country’s Integrated Resource Plan.