The V&A Waterfront in Cape Town has signed a power purchase agreement (PPA) to receive 70% of its power from wind and solar sources.
In terms of the 10-year PPA, Etana Energy will supply 43 GWh of renewable energy a year from early 2026.
Etana Energy partners with independent power producers (IPPs) nationwide to supply renewable energy solutions via the national grid. Clients pay Etana Energy for the renewable energy they consume and pay Eskom or the municipality for the remaining energy consumed along with a wheeling fee to use the grid.
This model enables IPPs to build their wind and solar projects where those resources are most abundant, according to Etana Energy.
André Theys, Executive Manager of Operations at the V&A Waterfront, says 90% of the location’s emissions stem from energy purchases.