Moncada wins 94.5MWp project in South African round two of bidding

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“Solar Capital Dear 3 (PTY), owned by the JV Moncada Energy Group, has been announced as the second tender for the state incentives under the IPP Procurement Program. The company has been awarded the incentive rate with a solar power project of 94.5MWp gross (75MW net) requiring an investment of €200 million. The South African incentive rate has a duration of twenty years and the irradiation rate of the selected areas is about 2000 hours per year.”


Moncada wins 94.5MWp project in South African round two of bidding | PV-Tech


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