Mainstream Renewable Power to Start Building Solar Farm in South Africa
By Dominic Chopping
Mainstream Renewable Power has reached financial close on a 97.5 megawatt solar farm in South Africa, with construction starting this year and the project becoming fully operational in 2025, it said Tuesday.
Power generated from the farm will be delivered via the national grid to Sasol and Air Liquide's operations under 20-year power purchase agreements.
Mainstream Renewable Power is a renewable-energy company majority-owned by Aker Horizons, an investor in renewable energy and other emissions-reducing technologies.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 21, 2023 03:48 ET (08:48 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Apple Earnings: iPhone Growth Forecasts Drive Change in Fair Value
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits
-
Novo Nordisk Earnings: Raised Fair Value Estimate Still a Contrast to Market Overenthusiasm
-
After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
How to Invest Like Warren Buffett
-
Cognizant Earnings: Improved Profitability Buttresses Results as Customer Spending Remains Muted