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A memorandum of understanding was signed on Monday the 30th of November at Wittekleibosch in the Eastern Cape between partners hoping to develop the Tsitsikamma Community Wind Farm (TCWF) project.
The project would aim to generate about 40 MW of wind power by 2013, and would be worth about R1-billion.
The TCWF consortium consists of a number of key partners - the Tsitsikamma Development Trust, which operates on behalf of the community that owns the land, South African energy company Watt Energy and mining company Exxaro, which together hold a 46% stake.
The balance is jointly held by the Danish Industrialisation Fund for Developing countries and Danish independent power producer European Energy.
Other key partners in the project include: the Eastern Cape Community Wind Energy Development Association (ECCWEDA); the Danish wind turbine manufacturer Vestas; the Danish Export Credit Fund, which would provide debt credits; the Danish energy utility Dong Energy, which would procure carbon credits from the project; and Danish wind laboratory Riso, which was responsible for wind measuring and mapping.
A feasibility study, including the environmental-impact assessment, National Energy Regulator of South Africa licensing applications, and an Eskom grid connection application were currently under way, following the completion of the prefeasibility study, which was undertaken by an independent consultant.
Additional information: Read the full story at EngineeringNews
News date: 01/12/2009