Empowering South Africa with Concentrated Solar Power

Within just two years, the largest clean energy power plant of South Africa has emerged out of nothing on the vast wilderness in Northern Cape. It is the 100MW Redstone concentrated solar thermal power plant constructed by POWERCHINA in South Africa, a country thousands of miles away from China. Rendering of Redstone CSP in South Africa …

Redstone Concentrated Solar Power Project in South Africa Redstone Concentrated Solar Power Project to start operations in 2024

Construction is currently in progress at the Redstone Concentrated Solar Power Project, which is situated in the Humansrus Solar Park, in the Northern Cape, between Tsanstabane and Kgatelopele. 100 megawatts (MW) of electricity will be added to the national grid after construction concludes, expectedly in 2023. By 2024, the plant will start operations. Under South …

Redstone Concentrated Solar Power Project On Track In South Africa

The Redstone Solar Plant is in the Humansrus Solar Park between Tsanstabane and Kgatelopele in the Northern Cape, with construction underway. On completion, which is expected around 2023, 100 megawatts (MW) of power will be added to the national grid. The plant will be operational by early 2024. The South Africa Department of Energy (DOE) …

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 the utility’s ambition to move …

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.   The Northern Cape Province in …

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 power producer (IPP) was awarded …

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. South Africa is also struggling …

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 leading Saudi developer, investor and …

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 molten salt storage system that …

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 transaction for Bokpoort CSP, in …