Atlantis Foundries (AF), one of Africa\u2019s largest foundry operations, has signed a long-term Power Purchase Agreement (PPA) with Energy Partners (EP), an integrated energy-solutions company.<\/p>\n\n\n\n
According to the terms of the agreement, EP will engineer, finance, construct and operate the ground-mounted solar-energy system at AF\u2019s production plant, comprising more than 20 000 solar panels and boasting a total rated capacity of 13,5 MWp.<\/p>\n\n\n\n
It will be the Western Cape\u2019s largest embedded generation solar project.<\/p>\n\n\n\n
Chief Executive Officer of EP, Manie de Waal, affirms that the PPA, set to commence on 1 May 2024, will not only provide AF with a reliable electricity source at a substantially reduced cost over the next 20 years, it will also align AF with growing environmental awareness in the automotive industry.<\/p>\n\n\n\n
\u201cOpting for renewable energy is a significant step, and the system we designed for AF is expected to save more than 22 000 tons of CO2 emissions annually,\u201d he confirmed, \u201cwhich is likely the highest reduction achieved in the South African automobile industry. In financial terms the system will generate electricity worth more than R35 million per year at current average Eskom tariffs.\u201d<\/p>\n\n\n\n
The system, which has been specifically engineered to align with the foundry\u2019s electrical consumption profile, is estimated to replace up to 20% of AF\u2019s annual electricity consumption, considerably reducing its carbon footprint and representing a major step towards sustainable energy use.<\/p>\n\n\n\n
It will be integrated into AF\u2019s electrical network that is connected to the City of Cape Town\u2019s grid, and excess energy generated by the plant will be fed into the City\u2019s network through the feed-in programme, contributing to the overall renewable energy capacity of Cape Town.<\/p>\n\n\n\n
According to Pieter du Plessis, Chief Executive Officer of AF: \u201cAF, as part of the Daimler Truck AG, constantly sets and exceeds global best practice. Our commitment is to both our shareholders, stakeholders and the environment. <\/p>\n\n\n\n
\u201cWith this renewable energy generation project we are setting new standards in the South African automotive industry and alleviating pressure on our constrained national grid. It is a result of extensive cooperation between the AF and EP teams, in conjunction with the Western Cape government and City of Cape Town. Thank you to everyone involved.\u201d<\/p>\n\n\n\n
The project sets the stage for future embedded generation systems exceeding 1MW within Cape Town and the rest of the province.<\/p>\n","protected":false},"excerpt":{"rendered":"
Atlantis Foundries (AF), one of Africa\u2019s largest foundry operations, has signed a long-term Power Purchase Agreement (PPA) with Energy Partners (EP), an integrated energy-solutions 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