More news: Energy
Written by / Agency / Source: GDF SUEZ | ENGIE
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ENGIE Starts Operations of Kathu, A 100 MW Concentrated Solar Plant and One of South Africa’s Largest Renewable Energy Projects - The solar park was awarded under Round 3.5 of South Africa’s Renewable Energy Independent Power Producer Procurement Program (REIPPP), a competitive tender process that was launched to facilitate private sector investment in renewable energy generation
ENGIE Starts Operations of Kathu, A 100 MW Concentrated Solar Plant and One of South Africa’s Largest Renewable Energy Projects

 

NewswireToday - /newswire/ - Paris, Ile-de-France, France, 2019/02/06 - The solar park was awarded under Round 3.5 of South Africa’s Renewable Energy Independent Power Producer Procurement Program (REIPPP), a competitive tender process that was launched to facilitate private sector investment in renewable energy generation. FR0010 208488

   
 
 

ENGIE is pleased to announce that commercial operation was achieved on 30 January 2019 for the 100 MW Kathu Solar Park in South Africa. This state of the art plant is a greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and equipped with a molten salt storage system that allows for 4.5 hours of thermal energy storage to provide reliable electricity in the absence of solar radiation and during peak demand. The Kathu site covers approximately 4.5 km², with 384,000 mirrors. Kathu is the first CSP development for ENGIE.

Kathu Solar Park signed a 20-year Power Purchase Agreement (PPA) pursuant to the REIPPP procurement programme with the off-taker/buyer.

Isabelle Kocher, CEO of ENGIE : “The completion of Kathu shows our continued commitment to an economic and environmentally friendly development in South Africa. Kathu with its molten salt storage design offers a clean solution to overcome the intermittency of renewable energies. We are proud to contribute to the country's renewable energy goals, and look forward to continuing the projects initiated with local communities making Kathu a genuine driver of regional economic development.”

Kathu will provide clean and reliable energy to 179 000 homes in the local community of the John Taolo Gaetsewe District Municipality, the Northern Cape and South Africa as a whole. In addition to this, it is estimated that the Kathu Solar Park will save six million tons of CO2 over 20 years, and will foster further local economic development through several projects, such as the trust for the benefit of the communities situated in the Northern Cape and sourcing of services from local entrepreneurs.

The KSP shareholders, which are led by ENGIE (48.5%), include a group of South African investors comprising SIOC Community Development Trust, Investec Bank, Lereko Metier Sustainable Capital Fund, and its co-investors FMO, the Dutch development bank and DEG, the German investment and development company, and the Public Investment Corporation. The main contractor (EPC) is Liciastar a Spanish consortium of SENER and Acciona in addition to the Kelebogile Trust.

In South Africa, ENGIE has interests in a wind farm (94 MW Aurora), 2 solar photovoltaic parks (21 MW) and 2 thermal power peaking plants (670 MW Avon and 335 MW Dedisa). ENGIE also owns Thermaire Investments (Pty) Ltd. and Ampair (Pty) Ltd., leaders in the HVAC installation and maintenance segment in the South African market

Investors relations contact: T: +33(0)1 44 22 66 29 - E: ir[.]engie.com.

 
 
 

Written by / Agency / Source: GDF SUEZ | ENGIE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


ENGIE Starts Operations of Kathu, A 100 MW Concentrated Solar Plant and One of South Africa’s Largest Renewable Energy Projects

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
Publisher Contact: Press Office - ENGIE.com 
+33(0)1 44 22 24 35 engiepress[.]engie.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GDF SUEZ | ENGIE securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From GDF SUEZ | ENGIE / Company Profile


Read Energy Most Recent Related Newswires:

Taiwan Power Company Provides Notice of Award to GE for Four HA Gas Turbines for DaTan 8&9 Project
Clemson University, GE Power Push Advanced Manufacturing Forward At GE Power’s Additive Manufacturing Lab in Greenville
UCI Expands into Canada with New Location in Owen Sound, Ontario
GE Provides Advanced Gas Turbine & Services for Iraq’s Al Qudus Power Plant
Voith Wins Modernization Order for Togolese Hydropower Plant Nangbeto
ABB Speeds Up Polish Sustainable Transport with Supply of DC Fast Chargers
Enel Starts Construction of 140 MW Wind Farm in South Africa
Imec and EnergyVille Present Unique Simulation Framework to Accurately Determine Energy Yield of Bifacial Solar Modules and Systems
SolarWinds to Host Technology Briefing and Networking Event During AFCEA West 2019
Global Nuclear Fuel Extends Joint Venture Agreement with ENUSA
Green Mountain Energy and The Hill Announce Sustainability Partnership
GE Expands Renewable Energy Business Portfolio to Accelerate Growth, Improve Performance, and Lead the Energy Transition for GE
GE & Sumitomo Sign Agreement with SEWA to Develop, Build & Operate Sharjah’s First Independent Combined Cycle Power Plant
Orano Announces the Signature of Strategic Contract for the French Nuclear Sector
GE Supplies First Gas Turbine to Tobago to Enhance Grid Stability and Growth

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2019 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)