Chaba Wind Farm
The Chaba Wind Farm is a 21.5 MW wind farm comprising of 7 Vestas turbines. The Department of Energy approved the project in Round 2 of the REIPPPP. It is situated on farmland close to the town of Komga, on the border of the former Transkei region (Eastern Cape province) and has been fully operational since September 2015.
The wind farm committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Chaba Winds of Change Community Trust holds 26% of the shares in the project company.
The Grassroots Youth Development (GYD) platform (developed by InnoWind) manages the local enterprise and socio-economic development commitments of the Chaba wind farm on behalf of the project company.
Between the 3 wind farms currently managed by InnoWind, GYD supports over 30 community-based organisations and has spent in excess of ZAR 5 million in 2015 – 2016.
The Chaba Winds of Change Community Trust holds a 26% shareholding in the wind farm project company and will benefit from a steady dividend stream throughout the facility’s 20 years+ of operation.
These funds will be directed towards socio-economic initiatives within the communities surrounding the wind farm.