Core Insights - Mulilo has achieved financial closure for the 219MWdc Orkney solar PV facility in South Africa, marking a significant milestone in its strategy to enhance renewable energy generation [1][2] - The project, with an export capacity of 150MWac, is part of Mulilo's goal to deliver 1GW of new generation capacity annually, contributing to South Africa's energy transition [2] - The Orkney facility is expected to generate approximately 478 gigawatt-hours of clean electricity each year, supplying power to around 210,000 households and potentially reducing carbon dioxide-equivalent emissions by over 500,000 tons annually [4][5] Company Developments - The collaboration between Mulilo and Etana Energy has resulted in two financial closures within a year, highlighting the strength of their partnership [2][3] - Etana Energy has closed over 500MW of renewable energy projects in the past year, including the Orkney solar plant, which is more than double the size of their first project with Mulilo [3] - The Orkney facility will connect to the Jersey Distribution Substation via a newly constructed 24km overhead transmission line, ensuring seamless integration into the regional grid [5] Future Prospects - The facility is designed to incorporate battery energy storage systems in the future, which will enhance grid flexibility and energy dispatch capabilities [6] - Mulilo's CEO emphasized the importance of this project in strengthening South Africa's energy security and the growing role of private-sector generation in addressing the country's energy challenges [6][7]