South Africa: BioTherm to sell wind, solar stakes

South Africa’s BioTherm Energy has signed an agreement to sell 60% in three solar and wind plants to New York Stock Exchange-listed SunEdison. The three operating plants were developed by BioTherm under the first round of the renewable energy independent power producer procurement (REIPPP) programme. They are the 26.19MW Dassiesklip wind project and the 9.65MW Konkoonsies and Aries solar projects developed by Aurora Power Solutions and BioTherm with funding from Denham Capital.