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ATLANTIS Foundries (Pty) Ltd (AF), one among Africa’s largest foundry operations, has signed a long-term Energy Buy Settlement (PPA) with Power Companions (EP), an built-in power options firm.
In keeping with the phrases of the settlement, EP will engineer, finance, assemble and function the ground-mounted photo voltaic power system at AF’s manufacturing plant, comprising greater than 20,000 photo voltaic panels and boasting a complete rated capability of 13.5MWp. Will probably be the Western Cape’s largest embedded era photo voltaic venture.
“Seemingly the best CO2 emissions saving in SA auto trade”
Chief Government Officer of EP, Manie de Waal, affirms that the PPA, set to start on Might 1, 2024, is not going to solely present AF with a dependable electrical energy supply at a considerably lowered value over the following 20 years, it’ll additionally align AF with rising environmental consciousness within the automotive trade.
“Choosing renewable power is a major step, and the system that we designed for AF is predicted to save lots of greater than 22,000 tons of CO2 emissions yearly, doubtless the best discount achieved within the South African vehicle trade. In monetary phrases, the system will generate electrical energy value greater than R35 million per yr at present common Eskom tariffs,” he confirms.
The system, which has been particularly engineered to align with the foundry’s electrical consumption profile, is estimated to switch as much as 20 % of AF’s annual electrical energy consumption, significantly lowering its carbon footprint and representing a serious step in direction of sustainable power utilisation.
Will probably be built-in into AF’s electrical community that’s related to the Metropolis of Cape City’s grid, and extra power generated by the plant shall be fed into the Metropolis’s community by way of the feed-in programme, contributing to the general renewable power capability of Cape City.
Collaborating for renewable power adoption
Says Pieter du Plessis, CEO of AF, “AF, as a part of the Daimler Truck AG, with this renewable power era venture, we’re setting new requirements within the South African automotive trade and assuaging stress on our constrained nationwide grid. It’s a results of intensive cooperation between the AF and EP groups, at the side of the Western Cape authorities and Metropolis of Cape City. Thanks to everybody concerned.”
The venture units the stage for future embedded era methods exceeding 1MW inside Cape City and the remainder of the province.
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