The plant has a total capacity of 975.7kWp solar PV and is projected to achieve a 66% reduction in kWh consumption at the centre over the plant's lifetime.
"We are thrilled to unveil the Signet Terrace Shopping Centre solar power plant," said Kavi Naidoo, spokesperson for Signet Terrace Shopping Centre. "This installation allows us to generate a substantial portion of our electricity needs through renewable energy sources, significantly reducing our carbon footprint while ensuring long-term cost savings."
The solar installation also includes a 22kW Enelion Vertica EV Charger that powers two EV charging bays.
Commented Sakkie van Wijk, co-founder and COO of Solarise Africa: "This project showcases the feasibility and financial viability of renewable energy solutions for commercial properties. By replacing 29% of the shopping centre's electricity consumption, the Signet Terrace solar power plant will contribute to the reduction of approximately 32,720 tons of CO2 emissions over the contract period. This achievement is not only a significant step towards combating climate change but also a testament to the positive effects of renewable energy adoption."
The Signet Terrace Shopping Centre solar power plant is expected to generate 136MWh of clean energy annually, with an estimated R53m in savings over the contract period.