Energy Exchange of Southern Africa (EXSA), a licensed electricity trader, will add 30 MW of solar capacity to the national grid via wheeling with the first 5 MW project expected to enter commercial operation this month.
A second project, from which EXSA has procured 25 MW, is expected to reach commercial operation in early 2026.Both utility-scale solar PV plants reached financial close in 2024.
“These projects will contribute directly to adding much-needed generation capacity to South Africa’s constrained grid,” said EXSA CEO Wayne Cowie.
The announcement is part of EXSA’s continued expansion of its renewable energy trading portfolio. The company’s current offtaker base includes Woolworths, Wispeco, Siqalo Foods, Delaire Graff and Old Mutual. According to the company, these agreements are enabled through metering and settlement systems designed to track electricity flows and reconcile consumption and generation on a time-of-use basis.