GroupGeneral InfoOwner/s: AbengoaIndustrial Development CorporationTechnology: Central receiver (power tower)Country: South AfricaStatus: Under constructionPurpose: CommercialUsage: ElectricityPower: 50.00 MWConstruction start date: November 2012Start date: June, 2014Location: Upington, North CapeGeneration: 190.00 GWh TechnologySolar fieldHeliostats: Abengoa Solucar 120Mirrors / Reflective surface: RioglassHeliostat aperture: 120 m2Number of heliostats: 4500Reflecting area: 580 000 m²Heat Transfer Fluid: SteamTower height: 200 mPower blockStorage Y/N: YesStorage type: Saturated steamStorage: 3.00 HoursPower cycle: Steam RankineCooling: Dry Companies involvedProject developer: AbengoaIndustrial Development CorporationEPC: AbenerTeymaO&M: Abengoa SolarSuppliers details: Cockerill Maintenance & Ingenierie (Solar receiver manufacturing)Altac (Engineering)Geopile Africa (Piling works)Alfa Laval (Heat exchangers)BEROA (Tower construction) SocioeconomicsCost: $450 millionGeneration Offtaker: EskomPPA/Tariff: 20 yearsConstruction Employment: 600 jobs-yearO&M employment: 35 jobsFinancing: IFC (World Bank)European Investment Bank - €50 millionDevelopment Bank of Southern AfricaClean Technology FundIDCProparcoFMOOther financing info: EIB proposed finance was firstly €90 million, but the final amount signed the 5 November, 2012 was €50 million. This is why in some reports and news, you can find €90 million as the EIB financing amount. Financing info from IFC: An A Loan of up to ZAR 600 million (approximately US$ 75 million) for IFC’s own account; A C Loan of up to ZAR 125 million (approximately US$ 15 million) for IFC’s own account; Mobilization of a loan from the Clean Technology Fund of up to US$15.0 million to be structured either as a senior or a subordinated loan. OtherOther info: Some sources cite 4,120 heliostats with an aperture ara of 140.0 m²
The project is owned by Khi Solar One (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