38487
Consortium Launches  Solar Plant  in S. Africa
Energy

Consortium Launches Solar Plant in S. Africa

South Africa and Saudi Arabian ACWA Power launched a $328 million solar power plant in the Northern Cape Province, as Africa's most industrialized country rushes to expand its power supply and cut its coal reliance. The Bokpoort Concentrated Solar Power Project, developed by a consortium led by ACWA Power, is set to provide 1,300 megawatts per hour, powering more than 200,000 homes, a statement from media firm OLB said, Reuters reported. Construction of the plant began in 2013, following a successful bid by ACWA Power, as part of South Africa's plan to expand the use of renewable energy. Chronic energy shortages are pushing the government to seek alternative sources of electricity from state-owned power utility Eskom's coal-powered stations that take much longer to build. With year-round sunshine and thousands of kilometers of windswept coast in South Africa, investors are warming to the renewable energy potential, with 66 projects completed or underway since the government launched a first bid round four years ago.

 

Short URL : http://goo.gl/dJtkcB
  1. http://goo.gl/G7zTBu
  • http://goo.gl/PHTigj
  • http://goo.gl/xqD0nG
  • http://goo.gl/jyFeI5
  • http://goo.gl/6oPyB5

You can also read ...

Venezuelan Refineries in Danger of Seizure
In 2007, following Venezuela’s expropriation of billions of...
China Tariffs to Darken Prospects of US LNG
This winter could be a bleak one for America’s natural gas...
Chevron to Develop Iraqi Oilfields
Iraq’s state-run Basra Oil Company and Chevron, an American...
Caspian Convention Can Help Boost Iran Oil, Gas Exports
The Convention on the Legal Status of the Caspian Sea will...
Spanish Esproenko to Continue Iran Business
Esproenko International, which specializes in oil and gas...
NIGC Export Capacity at 75 mcm Per Day
The National Iranian Gas Company’s capacity to export natural...
OPEC Should Remain Independent, Apolitical
Some members of the Organization of Petroleum Exporting...
Higher Electricity Tariffs Should Moderate Usage
Imposing higher tariffs on those who exceed fair consumption...

Trending

Googleplus