Government Paves Way For More Renewable Energy Auctions In South Africa
More renewable energy tenders can now be expected in South Africa as the government approved an application by national utility Eskom to procure additional renewable energy.
Renewable Energy Independent Power Producer Procurement Program
OPIC Clears $400 Million Finance For South Africa CSP Project
A concentrated solar power project in South Africa has secured approval for debt financing from the Overseas Private Investment Corporation of the United States. The Overseas Private Investment Corporation (OPIC) announced last week that it would provide $400 million in debt to a 100 MW concentrated solar power (CSP) project being developed … [continued]
Acciona Commissions 138 MW Wind Farm In South Africa
Spanish renewable energy company Acciona Energy has successfully commissioned their first South African wind energy project. Acciona Energy recently commissioned the 138 MW Gouda wind farm in Drakenstein, which is about 100 kilometres from Cape Town. Acciona owns the wind farm along with South African infrastructure firm Aveng, Soul City Broad-Based Empowerment Company (SCBBEC), and … [continued]
Abengoa Secures Financing For 100 MW Solar Thermal Power Plant In South Africa
Abengoa has reported progress on its third solar power project under South Africa’s ambitious Renewable Energy Independent Power Producer Procurement program. The Xina Solar One concentrated solar power project has secured debt financing, the owner and developer of the project, Abengoa, has announced. The project, with a capacity of 100 MW, … [continued]
Scatec Solar, Norfund To Jointly Finance Solar Power Projects in Developing, Least Developed Countries
Scatec Solar & Norfund have formed a joint venture company that will fund solar power projects in some of the world’s least developed countries.
