BERA GIVES GREEN LIGHT TO TATI SOLAR PROJECT
Botswana Energy Regulatory Authority (BERA) has granted Shumba Energy authorisation to construct 100MW Tati Solar Project near Francistown.
The project is currently in the late stage of developing Phase 1, a 50 MW Solar farm on a project site of 300 hectares.
In addition, the project is part of a two-phase program to develop the full 100 MW solar capacity of the site as a key strategic initiative in the region.
“Following the recent receipt of an environmental authorisation at the project we are very pleased to have now also attained the very crucial milestone of receiving a generation license for the development. Our objective is to build Botswana’s first large scale solar plant as a blueprint for a greener, environmentally friendly, sustainable future in our severely energy deficit region,” said Chief Executive Officer of Shumba Energy, Mashale Phumaphi. Early this year, Shumba Energy expressed resilience despite the stalled progress on its Morupule South coal project and other challenges that affected the company during the year ended 30 June 2020. “We look forward to a 2021 financial year of both recovery post pandemic, but also continued real value growth that we strive for and to be realised in the share value as the delivery of operational revenue growth projects are realised and our strategy is executed unwaveringly and communicated broadly to you our shareholders and prospective investors alike,” said Shumba Energy’s Chairman, Alan Clegg.