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Saudi renewable energy developer Acwa Power said it would begin construction this year of a 100 MW solar power plant in South Africa after initial delays.
The announcement follows the visit of South African President Cyril Ramaphosa last week where he secured a $ 10 billion investment from Saudi Arabia for the energy sector in trouble in South Africa.
The 100 MW Redstone concentrated solar thermal plant, whose construction was scheduled to begin in 2017, will be located at ACWA Power signed a #Investment #agreement with the Central Energy Fund for the CSP Redstone Plant https: // t.co/IkO6H1Uojn pic.twitter.com/2HLIATymi2
"We are pleased to conclude this agreement, which strengthens our efforts in favor of South Africa. renewable energy program. We are committed to providing the country with the most advanced and versatile solar technology solutions that can produce clean energy efficiently and reliably throughout the 24-hour period if needed, "said Mohammad Abunayyan, President. of ACWA Power
. will be ACWA Power's second CSP investment in South Africa In 2016, the group launched the 50 MW Bokpoort CSP plant in the Northern Cape to increase power supply
ACWA Power operates the CSP plant boosted by its 1,300 MWh melted salt energy storage facility that provides 9.3 hours of thermal storage, the highest on the African continent.
South Africa currently derives a large portion of its electricity production from coal but also depends on imported oil. The largest supplier of crude, accounting for about 47 percent of its needs.
Industry experts have observed that the success of Bokpoort's operation and the application of new technologies have been proven that CSP plants on a commercial scale with Proper storage is a valuable and effective contributor to South Africa's future energy needs as part of the Energy Supply Program of Independent Renewable Energy Producers.
As part of his efforts to revive a declining economy after taking over the leadership of Jacob Zuma last February, President Ramaphosa also visited Abu Dhabi as part of his tour in the Middle East. East
. The United Arab Emirates has announced $ 10 billion investment in Africa's second-largest economy, the official Wam news agency said, without giving further details.
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