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Proposed Project: RIKASRUS Solar PV Project
Capacity : 10 MegaWatts Layout : Fixed Tilt Technology : Solar PV Location : Randfontein, Johannesburg (West Rand), South Africa
Land Availability : YES Option to buy then land : Yes (ZAR1.5 million) Size : 26.8Hectares Distance to Grid Connectio : 5 Kilometres Government Authorisation : Yes Site Annual Irradiance : 2000 to 2100kwh/m2
Project Site to Grid Connection Point
Grid Tie-In Point
Enter the industry as an Independent Power Producer (IPP)
Enter the market NOT through the bidding process. (Unregulated) Enter into Private Power Purchase Agreements with private clients Enter into a Wheeling agreement with ESKOM.
Proposed Entry Into The Renewable Energy Sector
What Has Been Done So Far Developed a project concept report. Secured land. Obtained land-owner’s consent to use land for Solar PV plant Obtained Randfontein Local Municipality’s support for the project. Consulted and engaged with ESKOM advisors Obtained Environmental Impact Assessment (EIA) and Land-rezoning quotations
What Remains To Be Done **It should, however, be noted that most of the activities below can be made to run concurrently: Seek investment finance /funding partner in return for equity. Do a feasibility study report and business plan. Rezone the land from an agricultural land use to a solar farm. Requires ZAR 52 000. Carry out EIA and submit to Department Of Environmental Affairs. Requires about
ZAR330 000. Negotiate Power Purchase Agreements with private clients and ESKOM Clear and level land (if need be. Otherwise the current site is flat already and
minimum environmental disturbance is envisaged). Procure panels, fittings and rails. Consider EPC. Employ and train labour and install PV panels. Connect to current grid. Commission the plant.
Prepare a decommissioning plan for 25-30 years.
Other
Timing The remaining activities can be run concurrently. These activities can be completed in a period ranging from 8 to 12 months (or even
less).
Project Benefits A. To Project Owners Ability to Build, Operate and possibly Transfer the power plant. Income/ revenue from the sale of electricity generated. Creation of opportunity for possible expansion into other cities, towns and countries in Africa. Low maintenance costs, because a PV facility is a fixed installation, and has no moving parts. Since the sun’s energy is free of charge and relatively consistent and predictable in an average year, despite
diurnal and seasonal variables, investment in PV represents long-term, predictable, lucrative investment opportunities with comparatively low risks.
The market for solar power plants continues to develop and increase B. To Communities Creation of employment. Exchange of knowledge and skills. Empowerment. Provision of the much needed electricity in communities. Creation of community projects as part of Corporate Social Responsibility. C. To the country Economic development Social development Good constant supply of electricity hence no more power cuts/outages hence improving lives of its citizens.
Other Potential Supporting Projects Whilst aiming at installing a commercial solar power pv plant, Zuvan Renewable Power also plans to develop mobile solar power units to install and sell power to informal sectors or high density suburbs where electricity has not yet been connected. Mobile Solar Electricity Units for Informal Settlements. Definition Mobile Solar Electricity units are movable, non-fixed off-grid electricity generation plants. They can be trailer-mounted or can be placed on frames on the ground. The solar panels are fitted to frames in such a way that they can be easily removed at a later stage. Application Mobile Solar Power units can run for as long as 25 to 30 years. In some African countries, mobile solar units are being used extensively in clinics and hospitals in the remote areas or in areas where the countries’ electricity distribution infrastructure cannot reach.
Other Potential Supporting Projects
Zuvan Project Team
Photograph Name Profession
Country Of Permanent
Residence Position
Lovemore Mauled Exploration Geologist South Africa CEO
Nobom Tshiki-MfabanaReseacher and
Instituional AnalystSouth Africa Stake Holder Relations
Mduduzi Madikane Business Man South Africa Project Development
Solly Petros LebogoMetallurgical Plant
ManagerSouth Africa Project Development
Capital Requirements The company is seeking to raise at least US$24 million (or ZAR345.6million)
for the project. The company is prepared to cede equity to joint venture partners or to the
investor.
Contact Details Mr Lovemore Mauled
+ 27 71 980 1399
[email protected] or [email protected]
Ms Nobom Tshiki-Mfabana +27 79 528 3955
