H1 Holdings is a shareholder in 7 REIPPP R4 projects. The first 2 of these 7 projects have reached COD. On the 18th of February 2020, the Scatec Solar ASA Sirius Solar 86MW facility reached commercial operation and is officially feeding power to the Eskom grid. On the 25th of February, the Dyasons Klip 1 86MW solar facility reached early COD. Dyason’s Klip 1 will be earning 60% of the tariff until the scheduled commercial operation date which was expected in mid-March. The three Scatec solar facilities are near Upington in the Northern Cape. The third plant, Dyasons Klip 2, is expected to reach commercial operation within the next few months. H1 Holdings has 35% shareholding in all three projects, which together will generate 276MW at peak output. On an annual basis the three plants are set to produce 650GWh of electricity and offset 550 000 tonnes of CO2 emissions. H1 Holdings is proud to be adding an extra 172MW to the Eskom grid along with its project partners Scatec Solar ASA and Norfund. Read the Scatec news announcements on Sirius and Dyasons Klip 1.
