Neosun Energy completed a 1 MW grid-tied solar station for Dayizenza Mall in Nelspruit, South Africa. The system, consisting of 1,706 solar panels and seven inverters, is expected to generate over 1.6 GWh of electricity annually, reducing CO2 emissions by 25,807 tons and electricity costs by over 50%. Supported by a Section 12B tax incentive, the project demonstrated a 53% internal rate of return (IRR) and a 12-month payback period. Dayizenza Mall anticipates cumulative savings of R164 million over the plant’s 40-year lifespan.
Neosun Energy completes 1 MW solar station for Dayizenza Mall
The new solar station is expected to generate over 1.6 GWh of electricity annually. (Image Source: Neosun Energy)
Boone County subscribes to 36% of the energy produced, powering essential public health and safety services. (Image Source: Ameresco)
TAQA Arabia, Somabay initiated a solar-powered desalination plant, planning to expand capacity to 7,300 cubic meters. (Image Source: Zawya)
TPG Rise Climate and others back Intersect Power with significant funding for sustainable infrastructure. (Image Source: Intersect Power)
Escalante Solar repurposes a retired coal site, delivering 200 MW of clean energy to 63,000 homes in New Mexico. (Image Source: Boviet Solar)