Company profile

Notsi PV (Pty) Ltd

Notsi PV (Pty) Ltd is a South Africa-based special purpose vehicle established to develop, finance, and operate the Notsi Solar PV Project, a 475 MWac (620 MWdc) utility-scale solar facility. Headquartered operationally in the Free State province, the project spans over 1,000 hectares across Farms Welgeluk and Ebenhaezer near Dealesville, situated within the Kimberley Renewable Energy Development Zone. The SPV is jointly owned by Anthem and the Reatile Group. Notsi PV supplies clean electricity to corporate off-takers, including Discovery Limited and NOA, via a multi-off-taker wheeling model over the national grid under 20-year power purchase agreements. The facility incorporates over 860,000 solar panels and battery energy storage systems, generating approximately 1,500,000 MWh annually. Debt financing was secured from a consortium including Standard Bank, Nedbank, and Absa, with engineering, procurement, and construction executed by a CEEC–NWEPDI joint venture.

Sector

Energy and power / Energy Storage (Battery), Utility-Scale Solar, Independent Power Producers

Markets

South Africa

Ownership

Private

Source: Partner Researchers.