Mainstream wins IJGlobal Award for Renewable Energy Deal of Year, Solar, Africa

Mainstream’s Group CEO Mary Quaney, and Head of Commercial Project Management, South Africa, Enelge de Jongh, picked up the award at a ceremony in held at the Peninsula Hotel in London.

Mainstream reached financial close on a 97.5 MW solar PV farm, with 20-year PPAs with Sasol and Air Liquide, in November 2023. The PPAs are part of the two companies’ joint drive to decarbonise their respective operations.

“This award is testament to the hard work and dedication that went into this deal, led by Enelge and our team in South Africa,” said Mary Quaney at the awards.

She continued: “As one of the most successful developers of renewable energy in South Africa, and with a development pipeline of more than 12 GW, our experienced local team is committed to delivering more clean, reliable energy to support the country’s energy needs this decade and beyond.”

Decarbonisation targets

Construction of the solar PV farm, which is located in the Free State province, is in progress and is on track to reach commercial operation next year.

Private off-take agreements enable significant quantities of energy to be delivered quickly and reliably, reducing companies’ exposure to rising energy costs and helping to achieve their decarbonisation targets.

This project will contribute to the local community through job creation and socio-economic development.

Read more about the project deal here.