The Lesedi and Letsatsi projects, which are fully operational, are located in the Northern Cape and Free State, respectively.
The projects have a total installed capacity of 150MW and 20-year power purchase agreements with South African electric utility Eskom.
Under the directive of South African Renewable Energy Independent Power Producer Procurement Program (REIPPPP), both plants have set aside a certain amount of revenue for economic development in local communities.
Both the plants were developed by a consortium that included SolarReserve, the IDEAS Managed Fund, the Kensani Group, GCL Poly Energy and Intikon Energy.
Rand Merchant Bank, the investment banking subsidiary of FirstRand Bank, provided funding for the projects.
SolarReserve CEO Kevin Smith said the social and economic benefits that the projects are providing in South Africa demonstrates the positive results of cooperation between the US and South African governments along with private firms in both the countries.
"We look forward to continuing this positive momentum through collaboration on further projects, including concentrated solar thermal power (CSP) plants, featuring SolarReserve’s industry-leading CSP technology with integrated energy storage," Smith added.
"Our upcoming CSP projects will provide South Africa with clean, reliable and non-intermittent electricity, day and night."
Image: Lesedi solar power project. Photo: Courtesy of PRNewsFoto/SolarReserve.
