With some of the highest levels of Direct Normal Irradiance (DNI) in the world, CSP is positioned to play an immense role in South Africa’s energy landscape.
The European Investment Bank, Europe’s long-term lending institution, has agreed to provide EUR 50m for the Khi Solar One Project.
Khi Solar One and KaXu Solar One, will be the first concentrating solar power (CSP) plants in South Africa and will use advanced technology specifically developed for the country’s needs.
In an address given on 29 October 2012, the Minister of Energy Ms Dipou Peters announced that the financial close for window one of the REIPPPP will go forward on 5 November 2012.
The government is targeting 1470 MW from wind energy projects, 400 MW from concentrated solar power and 1075 MW from photovoltaic projects, Energy Minister Dipuo Peters said.
Supporters of concentrated solar power (CSP) are working hard to secure what they regard as their technology's rightful place in the sun.