Abengoa signs power purchase agreement and secures financing of Concentrated Solar Power (CSP) Xina Solar One, 100 MW solar thermal plant in South Africa.
South Africa's Northern Cape province has one of the highest solar irradiation levels in the world and continues to attract a growing pipeline of concentrated solar power projects.
Abengoa reports that its Khi Solar One and KaXu Solar One concentrated solar power (CSP) projects in South Africa’s Northern Cape are both about 80% complete.
Kaxu Solar One opened its doors to residents of the Pofadder community as well as anyone else interested in visiting the plant.
This Concentrating Solar Power (CSP) project will form the largest solar complex in Africa together with Abengoa's plant KaXu Solar One that is currently under construction in the country.
The final draft that is to be submitted to Cabinet by March proposes an increase of Concentrating Solar Power (CSP) capacity from 1,200 MW - under the current IRP - to 3,300 MW.
The prices for the two 100 MW Concentrating Solar Power (CSP) projects, Xina Solar One and Karoshoek, dropped from R 2.69/kWh in the first window to R 1.65/kWh.
The European Investment Bank has agreed to provide R2,8 billion (EUR210 million) for construction of the Ka Xu Solar One concentrating solar power plant north of Pofadder in the Northern Cape.
A consortium led by Spanish company Abengoa has been selected as a preferred bidder by South Africa's Department of Energy to build a second 100 megawatt (MW) concentrating solar power (CSP) plant near Pofadder.
