- The project has a capacity of 250 MW
- Another success in the dynamic South African market
The PNE Group is continuing its successful project development activities in South Africa. The company has recently concluded the sale of another large photovoltaic (PV) project, located in the Free State province, with a planned nominal capacity of 250 MW, to a major South African independent power producer.
PNE South Africa will continue to develop the project following the sale by providing project development support to the investor through to Financial Close.
'With the sale of this strategic, large scale PV project we are continuing our successful project development activities in South Africa. The transaction demonstrates that our local teams are able to develop attractive projects in international growth markets and successfully market them. At the same time, we remain involved in the project and contribute our expertise to its further development.' says Roland Stanze, COO of PNE AG. 'The transaction also underlines our ability to continuously realise value from our extensive project pipeline and to sell projects at the appropriate time.'
South Africa is an important international market for PNE. As of June 2026, the PNE Group’s project pipeline in the country comprised around 2,000 MW of PV and around 2,800 MW of wind energy.
Source: PNE Group
