Power Supplier / Project Owner complete application form for initial assesment.
The Power Supplier executes MOA and returns a signed copy to Shosholoza. The Parties shall nominate authorised signatories and primary contact persons.
The audit will include a site visit for meter verification and technical checks. For South African sites Shosholoza Energy typically covers the audit/site visit costs. Shosholoza Energy will issue an audit report and, if successful, approve the Project for REC issuance. Typical audit timelines are two (2) to three (3) weeks, subject to site access and documentation completeness.
Shosholoza Energy and it's technical partners will register the Project on the recognized registry, obtain necessary meter verification confirmations and request REC vintages to be issued and tokenised where applicable. RECs listing on the market and secure offers.
Net Proceeds disbursed to Power Supplier in accordance with the MoA. Shosholoza Energy and it's technical partner shall provide an accounting statement and reconciliation to the Power Supplier.