Lyra Energy begins construction of R4bn Thakadu solar PV plant

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.