Project Profile · Solar
City of Ekurhuleni 50 MW Solar
Project overview
Offtaker
City of Ekurhuleni Metropolitan Municipality
Site
80 ha secured on land lease over project term
EPC & O&M
Power China — selected via RFP
Capacity
50 MWp ground-mount; EA received
Financial structure
Capital cost
Confidential
Debt : Equity
80 : 20
Shareholding
Greenleaf 70% · BEE Shareholder 30%
Generation
P90: 100 GWh (Yr 1) · 0.5% p.a. degradation
PPA & key terms
PPA Term
20-year solar PV PPA signed, subject to FC. Take-or-pay.
Tariff
ZAR-linked at a discount to Megaflex. Annual NERSA escalation.
Billing
Monthly · 30-day payment. MFMA s.33 council resolution passed.
Timeline
Financial Close: Q1 2027