Matla A Bokone Solar

What Matla A Bokone Solar does

Matla A Bokone Solar (RF) Pty Ltd operates a single 75MW utility-scale solar photovoltaic facility on a 278-hectare site in the Northern Cape Province of South Africa, approximately 19km northwest of Kimberley. The project was awarded under Round 4 of South Africa's Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) and commenced commercial operations in March 2020 after receiving environmental authorisation in June 2018 and beginning construction in October 2018. The solar field comprises 261,360 polycrystalline silicon Suntec STP330-24/Vfw modules rated at 330 Wp each, generating approximately 180,000 MWh of electricity annually and avoiding an estimated 180,000 tonnes of CO2 emissions per year.

The business model is a single-counterparty, long-duration offtake arrangement. All electricity generated is sold to Eskom, South Africa's national utility, via a connection to Eskom's Warthog switching station under a 20-year power purchase agreement established through the REIPPPP competitive bidding process. Revenue is contracted and recurring, with tariff escalation typically linked to CPI, and no merchant exposure or alternative offtake is evident in the data. The project is operated and maintained by Juwi Solar ZA under outsourced EPC and O&M contracts, consistent with the lean organisational structure (1–10 employees).

Ownership is structured as a private consortium comprising institutional investors — IDEAS Fund managed by Old Mutual, Reatile Solar Power, Phakwe Solar, and Business Venture Investments 1984 — alongside the Cicada Community Trust, which holds a community stake aligned with Broad-Based Black Economic Empowerment requirements under REIPPPP. Beyond power generation, Matla A Bokone Solar is obligated to deliver an extensive socio-economic development programme across twelve beneficiary communities within a 50km radius, including education support (Early Childhood Development, school bag donations, career guidance, scholarships), mobile school healthcare clinics, enterprise and youth development in partnership with SEDA, SEFA and NYDA, and elderly care initiatives. These programmes are mandated by the REIPPPP framework rather than discretionary commercial activity.

Name

Matla A Bokone Solar

Legal name

Matla A Bokone Solar (RF) Pty Ltd

Website

https://matlaabokonesolar.co.za

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Matla A Bokone Solar operates a 75MW utility-scale solar photovoltaic facility in the Northern Cape Province of South Africa, selling all generated electricity to Eskom under a 20-year REIPPPP Round 4 power purchase agreement.

Ownership category

akta.pro rank

Product category

Utility-Scale Solar Power Generation

NAICS

Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

Keywords

• Utility-scale solar
• Solar photovoltaic generation
• Renewable energy IPP
• Grid-connected solar power
• REIPPPP power producer

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales, Others

Revenue model

1. Electricity Generation and Sale: Matla A Bokone Solar generates approximately 75MW of clean renewable energy annually, which is sold to the national electricity grid through the REIPPPP programme. The company participates in South Africa's government-backed renewable energy procurement programme, selling power under long-term agreements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Matla A Bokone Solar operates a 75MW utility-scale solar photovoltaic power generation facility in the Northern Cape Province near Kimberley, South Africa. The 278-hectare solar field, comprising 261,360 polycrystalline silicon modules, generates approximately 180,000 MWh of clean renewable energy per year, which is sold to Eskom under a 20-year power purchase agreement secured through Round 4 of the REIPPPP programme. The company also delivers a portfolio of socio-economic development programmes covering education, healthcare, enterprise development, scholarships, and career guidance across 12 beneficiary communities in the Sol Plaatje municipal area.

Product overview

Matla A Bokone Solar operates as a single 75MW solar photovoltaic power generation facility. The company's community investment portfolio comprises multiple socio-economic development programmes focused on education, health, enterprise development, and youth skills. The core product is clean energy generation, supplemented by community service initiatives including Early Childhood Development support, School Health mobile clinic services, Enterprise Development for women entrepreneurs, Scholarship bursaries for tertiary education, and Career Guidance programmes for high school learners.

Differentiator

Problem solved

Functional benefit

Products and services

• Matla A Bokone Solar Power Generation A 75MW solar photovoltaic (PV) energy generation facility located in the Northern Cape Province near Kimberley, South Africa, comprising 261,360 polycrystalline silicon Suntec STP330-24/Vfw modules across 278 hectares. The facility sells electricity to Eskom under a 20-year power purchase agreement, supplying clean renewable energy to approximately 85,000 medium-sized South African homes.

Quantifiable outcome

• 180,000 MWh of clean renewable energy generated per year
• +5 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

15 partnerships are on record, tiered core, flagship and minor.

• Juwi Solar ZAcoreOthersJuwi Solar ZA handles both the Engineering, Procurement and Construction (Juwi Solar ZA Construction 4) and Operations & Maintenance (Juwi Solar ZA O&M 1) of the solar facility.
• EskomcoreStrategic or Co-development PartnerThe solar field is connected to Eskom's Warthog switching station for grid integration, selling electricity to the national grid.
• Frances Baard District Department of EducationflagshipStrategic or Co-development PartnerPartnership for school health programmes, education support initiatives including back-to-school programmes, career guidance, and reading coach initiatives.
• Frances Baard Department of HealthflagshipStrategic or Co-development PartnerPartnership for mobile school health clinic providing primary healthcare services to over 2,000 school learners including vision testing, oral health screening, and vaccinations.
• Department of Social DevelopmentminorStrategic or Co-development PartnerPartnership for elderly care initiatives including Christmas luncheons and Mandela Day activities.
• Age in ActionminorStrategic or Co-development PartnerPartnership for elderly care and recognition programmes.
• Northern Cape Older Persons ForumminorStrategic or Co-development PartnerPartnership for elderly care initiatives.
• Galashewe Association for the Care of the Aged and Disabled (GAASCA)minorStrategic or Co-development PartnerPartnership for elderly care initiatives including Open Day programmes.
• SEFA (Small Enterprise Finance Agency)flagshipStrategic or Co-development PartnerSmall Enterprise Finance Agency linked with Young Women in Business programme for further business development support and small business financing.
• SEDA (Small Enterprise Development Agency)flagshipStrategic or Co-development PartnerSmall Enterprise Development Agency partnered for Young Women in Business Empowerment Initiative providing workshops and business development support.
• NYDA (National Youth Development Agency)flagshipStrategic or Co-development PartnerNational Youth Development Agency linked with programme for youth entrepreneurship development.
• Mobile Health Clinics FoundationflagshipStrategic or Co-development PartnerPrivate healthcare service provider partnership for mobile school health clinic delivering primary healthcare services.
• Sente GroupflagshipStrategic or Co-development PartnerSente Group partnered for Girl Pride Initiative providing dignity bags with sanitary products to young girls.
• Droogfontein Communal Property Association (CPA)flagshipStrategic or Co-development PartnerEarly Spend advanced to Droogfontein Communal Property Association Enterprise Development initiative during 2019.
• Study TrustflagshipStrategic or Co-development PartnerPartnership for scholarship programme implementation in association with Management Services Company Policy on Scholarships.

Scale indicators12 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Solar Capital: A South African independent power producer and REIPPPP bidder/operator with utility-scale solar PV projects. Directly comparable as a fellow REIPPPP Round 4-selected utility-scale solar IPP generating power for sale to Eskom under long-term PPAs.
• Mulilo Renewable Energy: South African renewable energy IPP with operational utility-scale solar PV projects bid under REIPPPP. Closely comparable as a local REIPPPP solar IPP selling power to Eskom with similar project structures and community development obligations.
• BioTherm Energy: South African renewable energy IPP that has successfully bid multiple REIPPPP rounds for utility-scale solar and wind projects. Directly comparable as a fellow South African REIPPPP-selected IPP using the same Eskom PPA off-take framework and SOE/community obligations.

Broad incumbents

• Globeleq: UK-based Africa-focused power developer (CDG/IFC-backed) with operational renewable energy assets across the continent including South Africa. Comparable as a large-scale Africa renewables IPP operating utility-scale generation under long-term off-take structures.
• Enel Green Power: Global renewable energy developer and IPP with operational South African solar PV projects under REIPPPP. Comparable as a large multinational IPP operating utility-scale solar generation with similar long-term PPA structures.
• Scatec ASA: Norwegian-listed renewable energy developer and IPP with active operations in South Africa including utility-scale solar PV under REIPPPP. Comparable as a larger, listed global IPP operating similar utility-scale solar assets in the same South African regulatory framework.
• ENGIE: Global utility and renewable energy developer with South African REIPPPP-concessioned wind and solar PV projects. Comparable as a major incumbent IPP operating utility-scale renewable generation in the same regulatory regime and grid off-take structure.
• Mainstream Renewable Power: Global renewable energy developer with significant South African REIPPPP presence, developing and operating utility-scale wind and solar PV. Comparable as an established global IPP active in the same South African REIPPPP procurement framework.

Others

• juwi Renewable Energies: German-headquartered renewable energy developer and EPC/O&M contractor with South African operations (juwi Solar ZA) that built and services the Matla A Bokone Solar facility. Comparable as the EPC/O&M contractor and broader solar PV industry participant operating in the same South African utility-scale solar segment.

Emerging players

• SolarAfrica: South Africa-based distributed solar and PPA provider focused on commercial and industrial customers. Comparable as a fellow South African solar energy company, though it serves C&I customers via wheeling arrangements rather than utility-scale REIPPPP PPAs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matla A Bokone Solar