Through seven separate solar projects, the company will install a total capacity of 370 MW in six provinces.
The first and largest of the projects – at 118 MW – will be located in Biópio, in the province of Benguela.
Investment for the projects is coming from the Swedish Export Credit Corporation, South Korea’s K-Sure and South Africa’s DBSA, Sun Solar said earlier this week. The banking syndicate is led by the European bank ING.
A subsidiary of Chicago-based UGT Renewables, Sun Africa is a utility-scale solar project developer and off-grid solution provider.
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