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flag Lyra Energy secured deals for its 255 MW Thakadu solar plant, advancing South Africa’s clean energy shift.

flag Lyra Energy, a South African renewable platform backed by Scatec, Standard Bank, and Stanlib, has secured power purchase agreements with three major companies for a significant share of its 255 MW Thakadu solar plant. flag The project, set for two-phase development with construction on the first phase starting in Q1 2026, uses an aggregator model to provide businesses with flexible, low-risk access to large-scale solar power. flag Scatec will manage engineering, construction, and long-term operations. flag The agreements mark a key step in expanding private sector access to clean energy and supporting South Africa’s energy transition.

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