Teraco's Green Power Plan: Data Centers Go Renewable

Feb 28, 2024 02:36 PM ET
  • Teraco Data Environments Ltd. leads the way in sustainable energy with a new power plant in South Africa, reducing reliance on Eskom and boosting renewables.
Teraco's Green Power Plan: Data Centers Go Renewable

Teraco Data Environments Ltd., Africa's largest data-center company, is constructing a utility-scale power plant in South Africa to run its operations. The firm raised $104 million with Absa Bank for the construction of a 120 megawatt solar plant and an 80 megawatt wind farm in Free State province. The goal is to have 100% of power sourced from renewables by 2035.

The move comes as South Africa faces daily power outages, prompting companies to invest in their own generation facilities. Teraco's solar plant is expected to provide eight hours of supply per day, supplementing power from Eskom Holdings SOC Ltd. The company expects Eskom's coal dependency to decrease from 85% to 60% in the next three years as more independent power producers come online.

How is Teraco Data Environments Ltd. addressing South Africa's power outages?

  • Teraco Data Environments Ltd. is constructing a utility-scale power plant in South Africa to run its operations
  • The firm raised $104 million with Absa Bank for the construction of a 120 megawatt solar plant and an 80 megawatt wind farm in Free State province
  • The goal is to have 100% of power sourced from renewables by 2035
  • The solar plant is expected to provide eight hours of supply per day, supplementing power from Eskom Holdings SOC Ltd
  • Teraco's move comes as South Africa faces daily power outages, prompting companies to invest in their own generation facilities
  • The company expects Eskom's coal dependency to decrease from 85% to 60% in the next three years as more independent power producers come online.

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