The Jasper project was selected by the South African Department of Energy in May 2012 under the South African Renewable Energy Independent Power Producer Procurement Program (REIPPPP) in the second round of bidding. The project was jointly developed by SolarReserve, a U.S. developer of utility-scale solar power projects, Kensani Capital Investments a South African experienced empowerment infrastructure player and Intikon Energy, a South African developer of renewable energy projects.
Notice to proceed was issued on the 17th of June 2013, and construction began immediately thereafter. After an sixteen-month construction period and two months of early operating power, the project began its operations on the 17th of December 2014.
The project is based on a 20-year power purchase agreement with Eskom, the South African power utility. The project cost ZAR2.3 billion ($260 million) and has generated 44 permanent operational jobs.
The Jasper Power Facility holds an electricity generation license permitting it to operate, generate and sell energy from a 75 MW-AC/ 96 MW-DC PV power station situated in the Northern Cape Province of South Africa. The facility comprises of 39 units of 2-MW-AC Ingeteam central inverter stations (each central inverter station consists of 2X1,019kW inverters). Approximately325 600 modules are installed at the Facility.
The project is financed on a non-recourse project finance basis, with a project cost of circa ZAR2.3 billion ($260 million). The completed power facility can generate enough clean energy to power approximately 80,000 homes. Lenders of the project are Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, a leading African Investment Bank and part of one of the largest financial services groups in Africa, and the Development Bank of Southern Africa (DBSA). The DBSA is one of several development finance institutions in Southern Africa. Its purpose is to accelerate sustainable socio-economic development by funding physical, social and economic infrastructure.
At project inception the Engineering, Procurement and Construction (EPC) as well as the Operations and Maintenance (O&M) contracts were awarded to Group Five, and joint venture partners Iberdrola. Today the Operations and Maintenance of the project is run in a joint venture partnership between GranSolar (GRS) and the Umbono Energy Group, collectively called Jasper OM (Pty) Ltd effective from the 17th of December 2019. With the appointment of Jasper OM (Pty) Ltd, Jasper now has a 51% Black owned operator GRS and its subsidiaries is a company that specializes in the construction of photovoltaic plants and their connection to the grid as well as a multitude of integrated services and has operations in five continents. Umbono Energy Group is a black-owned investor, developer and operator of projects in the natural resources and energy sectors, including early-stage development, definitive feasibility and full operational execution. In addition, 15% of Umbono is owned by 2 B-BBEE trusts focused on education and development with 5% set aside for entrepreneurial women empowerment.
+27 (0)11 582 6880
JASPER POWER COMPANY (RF) Pty Ltd
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Riverside Junction, 1st Floor
Building No.:1, 63 St James Crescent
Bryanston, Gauteng, South Africa
Tel: +27 (0)11 582 6880
Fax: +27 (0)11 784 7549
Jasper Solar Farm, Postmasburg,
Northern Cape, South Africa
(14,5km outside Postmasburg via R385)