Southern Africa
ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa
ENGIE has announced 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 allows for 5.5 hours of energy storage to provide reliable electricity during peak demand.
Power is contracted through a 20 years Power Purchase Agreement with Eskom (South African Electricity Public Utility). Xina Solar One is supplying
Related News
Central Africa
Western Africa
Pre-feasibility study for 6,000km line to begin soon.
Southern Africa
New lines necessary to fulfil requirements of Transmission Development Plan 2024.
Want to continue?
Subscribe to get access to premium content
By subscribing you get access to the Newsfeed, Tenders, Events