Floating Solar to Pump Hydro Energy Storage

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Location

South Africa

Sector

Renewable energy

Stage

Pre-implementation

Overview

Company: Afroteq Renewable Innovations

We have access to more than 15 industrial dams for floating solar from Department of water and sanitation(DWS) South Africa, we are also working with TAWA which is building South Africa’s biggest pump hydro energy storage in Mzimvubu river of the eastern cape –total project cost is floating solar R 50 Billion + Pump Hydro Energy Storage R 200 Billion

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Investment Needs

Over $100 million

Investment Project Type:

Private

Invested Value to Date:

$1,000,000

Funding Gap:

$240,000,000

Climate Classification:

Cross cutting

Why Investing

High & Predictable Returns

High-yield investment secured by 40-year PPAs, providing stable, inflation-linked revenue streams.

Strategic National Assets

Exclusive access to 11 prime national dam sites, establishing a unique and defensible market position.

Optimal Climate Conditions

High solar radiation combined with water-cooling effects increases efficiency by 5–15% over traditional systems.

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