in News Departments > Projects & Contracts
print the content item

Abengoa has begun construction on the 50 MW solar power tower Khi Solar One and the 100 MW parabolic trough plant KaXu Solar One, which are both located in South Africa.

The concentrating solar power (CSP) plants were two of the 28 renewable energy projects announced late 2011 by the South Africa Department of Energy (DOE). The DOE intends to bring 17,800 MW of renewable energy online by 2030.

Abengoa is partnering with the state-owned Industrial Development Corp. (IDC), a South Africa-based finance institution, on the projects. Abengoa will build, operate and maintain the plants, as well as own a 51% stake. The IDC holds 29%, and the Black Economic Empowerment program maintains the remaining 20%.

Both plants have in place long-term power purchase agreements with Eskom, South Africa's power utility, and project finance agreements with a group of South African and international financial institutions. 



Hybrid Energy Innovations 2015

Hybrid Energy Innovations 2015
Latest Top Stories

Norway's REC Solar To Sell To Hong Kong's Bluestar Elkem

One of Europe's last homegrown photovoltaic module manufacturers is packing its bags and moving to Asia under new ownership.


Solar Generation In The U.K. Soon To Be Cheaper Than Gas

Research shows solar will be cheaper than the wholesale price of electricity by 2028, and that the U.K. will be able to supply 15% of its electricity demand with solar by 2030.


PSC Rubber-Stamping Of Rate Cases Leaves Wisconsin Solar 'Devastated'

By largely siding with utilities in recent rate cases, the Public Service Commission (PSC) of Wisconsin dealt a stinging blow to the state’s energy-efficiency and customer-sited generation programs.


'Freeing The Grid' Shows U.S. States Strong On Clean Energy Policies

An annual report on net-metering and grid interconnection procedures in the U.S. shows that these important policies have a firm footing in many states and are even gaining ground.


Opinion: Getting Solar Customer Data From Utilities Should Not Be Hide & Seek

There is an interesting debate unfolding in California about who, if anyone, should be collecting data about the state’s distributed generation installations.

Solectria_id1450
CanSolIndus_id1429