GroupGeneral InfoOwner/s: AbengoaIndustrial Development CorporationTechnology: Parabolic troughCountry: South AfricaStatus: Under constructionPurpose: CommercialUsage: ElectricityPower: 100.00 MWConstruction start date: November 2012Start date: June, 2014Location: Pofadder, North CapeGeneration: 320.00 GWh TechnologySolar fieldSolar Collector Assemblies - Trough: Solucar TRMirrors / Reflective surface: RioglassNumber of SCAs: 1 200Number of loops: 300Number of SCAs per loop: 4Number of modules per SCA: 10Reflecting area: 800 000 m²Heat Collector Element (Tube): Schott PTR70Receiver type: EvacuatedHeat Transfer Fluid: Dowtherm APower blockStorage Y/N: YesStorage type: two tank indirect - molten saltsStorage: 2.50 HoursPower cycle: Steam RankinePower cycle pressure: 100 barCooling: Dry Companies involvedProject developer: AbengoaIndustrial Development CorporationEPC: AbenerTeymaO&M: Abengoa SolarKey components suppliers: Dow ChemicalSuppliers details: Alfa Laval (Heat exchangers)Geopile Africa (Piling works)Flowserve (Pumps, actuators)Dow Chemical (Heat Transfer Fluid) SocioeconomicsCost: $860 millionGeneration Offtaker: EskomPPA/Tariff: $0.32 per kWhConstruction Employment: 800 jobs-yearO&M employment: 35 jobsFinancing: IFC - World BankClean Technology FundDevelopment Bank of Southern Africa - ZAR1300 millionFirstRand BankIDCNedbankOther financing info: Financing info from IFC: An A Loan of up to ZAR 1000 million (approximately US$ 125 million) for IFC’s own account; Mobilization of a senior loan from the Clean Technology Fund of up to US$26.5 million; DBSA: ZAR1300 million are approximately US$146 million
The pant is owned by !Ka Xu CSP South Africa (Pty) Ltd.
Ownership:
Abengoa Solar South Africa (Pty) Ltd*: 51%
Industrial Development Corporation(IDC)**: 29%
A community trust backed by Broad-Based Black Economic Empowerment (BBBEE): 20%
*Abengoa Solar South Africa (Pty) Ltd is a wholly owned subsidiary of Abengoa
**IDC is a self-financing, South African state-owned development finance institution