Construction has started on Lyra Energy’s inaugural 255 MW Thakadu solar PV plant, located on the border of South Africa’s Free State and North West provinces, after the R4-billion project reached financial close. In February, Lyra Energy announce that it had entered into power purchase agreements with three private anchor offtakers for a large portion of the electricity to be produced by the Thakadu facility, which is Lyra’s flagship project.