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SOLA Group Secures 400 Million Rand for 40 MW of Solar Projects in Southern Africa

The initiative is likely to create an additional 880 jobs in the coming years

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The SOLA Group has committed to set up 40 MW of solar projects in Southern Africa. It has secured 400 million Rand (R) ($26.28 million) to build commercial and industrial solar PV facilities across Southern Africa. The renewable energy fund, called Orionis, will enable 40 MW of solar PV projects to be built without capital expenditure by the electricity off-takers.

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