ABGB/IDC/PIC/KCT – REIPPP III: Xina Solar One CSP Plant 100 MW – Northern Cape - Project Profile
"ABGB/IDC/PIC/KCT – REIPPP III: Xina Solar One CSP Plant 100 MW – Northern Cape - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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A consortium of Abengoa, S.A. (ABGB), Industrial Development Corporation (IDC), the Public Investment Corporation (PIC), and KaXu Community Trust (KCT) is undertaking the construction of a concentrating solar power (CSP) plant in Northern Cape, South Africa.
The project involves the construction of a 100MW solar CSP plant. It includes the installation of solar panels with parabolic trough collector, steam turbine with electricity generators, molten salt storage system, thermal storage system, dry cooling system and other ancillary equipment's.
In October 2013, ABGB led consortium was awarded the contract by Department of Energy (DoE), under REIPPP third round.
Abeinsa, a business unit of ABGB has been appointed to undertake engineering and construction works.
In 2014, the project will supply clean electricity to Eskom, South Africa's power utility, under the 20-year power purchase agreement (PPA).
In June 2014, the project secured US$142 million from the African Development Bank (ADB) including a concessional financial support of US$41.5 million from Clean Technology Fund for the proposed project.
In August 2014, European Investment Bank (EIB) has grant to provide US$100 million loan.
On March 13, 2015, the project secured financial closure of US$660 million non-recourse project financing agreements from The African Development Bank, the International Finance Corporation, Industrial Development Corporation (IDC), The Development Bank of Southern Africa and local investment banks such as Absa Bank, Nedbank and Rand Merchant Bank and a division of FirstRand Bank Limited.
Maracof Energy has been appointed to undertake the prefabrication and installation of the structure air condensers, pipes and joints, bearings, pumps, tanks and associated items for proper operation.
In June 2016, Eltherm South Africa was awarded the contract for the heat tracing system design and installation works.
In March 2017, Electrical power generation tests was conducted.
Construction activities are underway and expected to complete by 2017.
The project involves the construction of a 100MW concentrating solar power (CSP) plant in Pofadder, Northern Cape, South Africa.
The US$915 million project includes the following:
1. Construction of a substation
2. Construction of a powerhouse
3. Construction of other related facilities
4. Installation of solar panels
5. Installation of a steam turbine with electricity generators
6. Installation of a molten salt storage system
7. Installation of a thermal storage system
8. Installation of a dry cooling system
9. Laying of transmission linesReasons To Buy
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