Eskom Considers $7.2 Billion in Wind and Solar Investment by 2030

Eskom Holdings SOC Ltd., which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending 106 billion rand ($7.2 billion) on wind and solar energy by 2030. The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of [...]

Concentrated Solar Power continues to be a shining star in South Africa

In recent years, South Africa has taken tentative steps toward diversifying its energy portfolio to provide alternative power that is sustainable and affordable. This strategy, for an inclusive energy mix, needs additional capacity from renewables to be a top priority; however, utility-scale projects call for a substantial land footprint.   [...]

CDC Group is investing $50 million in the Redstone Concentrated Solar Power (CSP) project in South Africa

CDC Group is coming to South Africa to announce a direct investment in a sustainable development project. The British government’s financial institution is providing $50 million for the construction of the Redstone Concentrated Solar Power (CSP) plant. The project is being developed by Saudi Arabian company Acwa Power. The independent [...]

ACWA Power Set to Bid in South Africa’s Next Renewable Auction

ACWA Power plans to bid in South Africa’s next green electricity auction. Interest from the Saudi-based company, which has made South Africa’s largest renewable energy investment, in the fifth bid window is a positive sign for the nation that’s had lengthy delays in a process to procure green power generation. [...]

100 MW Redstone Concentrated Solar Power with 12 Hours Daily Thermal Energy Storage Closes Financing

ACWA Power has led South Africa’s largest renewable energy project Redstone CSP to financial close The ZAR 11.6 billion Redstone concentrated solar power plant will power 200,000 households upon completion Redstone CSP Closes Financing May 2021 – ACWA Power Commercial operation scheduled to start in Q4 2023 ACWA Power, a [...]

ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa

ENGIE (www.ENGIE-Africa.com) is pleased to announce that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of the Operations & Maintenance Company. The plant is equipped with parabolic trough technology and a [...]

ACWA Power achieves first refinancing transaction in South Africa renewables sector

The ACWA Power Solafrica Bokpoort Concentrated Solar Power (CSP) plant, one of the major drivers of renewable energy in South Africa, has achieved another significant first, having announced the largest infrastructure refinancing initiative to be implemented in the country. Project financiers, led by Investec Bank, have concluded the first refinancing [...]

ACWA Power’s Bokpoort Concentrated Solar Power plant breaks African record

ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants worldwide, announced Wednesday that its South African Bokpoort CSP plant has become the first renewable facility in the continent to complete a full week of continuous round the clock operation. Bokpoort CSP set the [...]

In South Africa and Spain, Concentrated Solar Power is Meeting or Exceeding Projected Operation Targets

SolarPACES spoke with Nandu Bhula who has been with the team responsible for the success of ACWA Power’s 50 MW Bokpoort trough Concentrated Solar Power (CSP) plant in South Africa since the start, first as CEO while the project was being built, and currently as Chairman of the Board. Commissioned [...]

Bokpoort Concentrated Solar Power project achieves 21.7 GWh production record in winter

The South African-based Bokpoort Concentrated Solar Power project, now in its fifth year of production, celebrated yet another huge production record. The 50MW Concentrated Solar Thermal Power (CSP) Parabolic Trough Power Plant with 9.3-hour storage set a new winter production record in August 2020. Bokpoort CSP CEO, Christo Spammer, shared [...]

Generating reliable, affordable and flexible energy across Africa

The African continent is home to the youngest and fastest-growing population in the world, accounting for half of the global population growth from now until 2050, as stated by the WEF. The concern raised is the ability of African nations to meet the resulting energy requirements as a result of [...]

Sener Offers to Expand its Concentrated Solar Power in South Africa

Spanish-based technology and engineering company, Sener, together with its partners, has invested billions of rands in the Ilanga concentrated solar power 1 (CSP1) project,which provides solar-generated thermal electricity to around 100 000 South African households. Billed SA’s first 100% black-owned solar plant, the Ilanga CSP1 is located in Karoshoek, about [...]

South Africa celebrates 100MW Concentrated Solar Power Ilanga 1 grid-connected plant

South Africa celebrates the first year of operation of the Concentrated Solar Power plant Ilanga 1, which has been supplying clean energy to the national grid since November 2018. sdr The engineering, procurement and construction (EPC) contractor partners, a consortium between COBRA, SENER and EMVELO, the owner [...]

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