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SOLA Secures Funding for 300 MW Solar-Plus-Storage Project

February 11,2026

SOLA Closes Financing on Landmark Solar and BESS Project in South Africa

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SOLA has reached financial close on Naos-1, South Africa’s largest utility-scale solar PV and battery storage project for private off-takers. The 300 MW (435 MWp) solar plant, paired with 660 MWh of storage, will supply firm renewable power to Sasol and Air Liquide under long-term PPAs. Located in the Free State, the project is set to begin operations in 2028.

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