South Africa's state power utility Eskom will sign purchase agreements with independent producers for 27 renewable energy projects next week that will generate 56 billion rand ($4.7 billion) in investments, the energy minister said on Thursday. The minister was adamant that the signing of the 27 projects would go ahead [...]
As of 23 February 2018, Kathu Solar Park Concentrated Solar Power (CSP) plant has been feeding 100MW of power to Eskom’s electricity grid via a 132kV distribution line. Main and auxiliary transformers have been energised, which represents a relevant milestone for the solar thermal power plant commissioning activities. Kathu [...]
At the Energy Indaba in Johannasburg, South Africa’s new Energy Minister, David Mahlobo announced that he has now signed off on the 27 outstanding renewable energy contracts that the state-owned electricity company Eskom has failed to honor for a year and a half, including Redstone. ACWA Power South Africa Deputy [...]
South African state-run power utility, Eskom, has confirmed its long-term investment in renewables research, which has been supported by the CSIR and Stellenbosch University. In 2012 EPPEI identified Concentrating Solar Power (CSP) and Wind Energy as the two focal areas for Eskom in the field of renewable energy and, [...]
Eskom postponed the signing of a 20-year power purchase agreement (PPA) with Redstone Solar Thermal Power Project, intended to happen on Thursday July 28 2016. The agreement would have seen Eskom buy 100 MW from the project for an estimated R50-billion for the duration of the contract, according to a [...]
100 MW Kathu Concentrated Solar Power (CSP) project in the Northern Cape of South Africa will start construction
ENGIE (www.ENGIE.com) is pleased to announce that the Kathu Solar Park project in South Africa, owned by an ENGIE-led consortium with South African partners, has signed a 20-year Power Purchase Agreement (PPA) with Eskom – South Africa’s state owned power utility –, making it possible for construction at the site [...]
South African power utility Eskom has secured a €75m loan from the European Investment Bank (EIB) to support its 100MW concentrated solar power (CSP) plant in the Northern Cape.
Concentrated Solar Thermal Power is one of Eskom’s first utility-scale projects outside the existing hydro portfolio and places the company on a path towards reducing its carbon footprint.
This is based on technical market potential, renewable energy support, ease of financing, national Concentrating Solar Power (CSP) targets and other industry and political factors.
France is to lend €100-million to South African company Eskom to help finance a 100 MW concentrating solar power (CSP) plant
France is to lend €100-million (R1.3-billion) to South African state company Eskom to help finance a 100 megawatt (MW) concentrated solar power plant near Upington in the Northern Cape.
The basic design work for Eskom’s 100 MW concentrating solar power (CSP) demonstration project is nearing completion.
Invest in Africa Energy would partner with energy business Nomac to operate and maintain the mooted Bokpoort concentrating solar power project in the Northern Cape.
The deal report analyses Eskom Holdings Limited’s project financing of $365m secured from the World Bank and African Development Bank.