South Africa: Kathu solar project under way


Issue 333 - 29 Oct 2016 | 1 minute read

A ground breaking ceremony took place on 6 October for the 100MW Kathu concentrated solar power (CSP) project in the Northern Cape (AE 323/7). The scheme is jointly owned by Engie (48.5%), the Public Investment Corporation on behalf of the Government Employees Pension Fund (17.5%), the SIOC Community Development Trust (12.5%), the Lereko Metier REIPPP Fund Trust (11.5%), Investec Bank Limited (7.5%) and the Kathu LCT Trust (2.5%). Kathu Solar Park was awarded preferred bidder status in round 3.5 round of the renewable energy independent power producer procurement programme and signed a 20-year power purchase agreement with Eskom in May 2016.

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