Big Red Rocket wind farm to supply green electricity to Richards Bay Minerals achieves ...
Renewable energy independent power producer (IPP) Red Rocket has reached financial close on the first 242-MW phase of the Overberg Wind Farm, which will be built on 15 farm portions covering 8 721 ha of land near Swellendam in the Western Cape. The project, which is expected to begin commercial operations in early 2027, will deliver an estimated 750 GWh yearly of wheeled electricity to the Rio Tinto Group’s Richards Bay Minerals (RBM) under a 20-year power purchase agreement (PPA).
Renewable energy independent power producer (IPP) Red Rocket has reached financial close on the first 242-MW phase of the Overberg Wind Farm, which will be built on 15 farm portions covering 8 721 ha of land near Swellendam in the Western Cape. The project, which is expected to begin commercial operations in early 2027, will deliver an estimated 750 GWh yearly of wheeled electricity to the Rio Tinto Group’s Richards Bay Minerals (RBM) under a 20-year power purchase agreement (PPA).
