| Project Detail |
The 100MW Redstone concentrated solar thermal power (CSP) plant, which forms part of the South African Renewable Energy Independent Power Producer (REIPP) Procurement Program, is the first project financed CSP with molten salt central receiver project in the world and one of the largest investments in South Africa under the REIPP. Redstone with 12 hours of full-load energy storage will be able to reliably deliver a stable electricity supply to more than 200,000 South African homes during peak demand periods, even well after the sun has set. KEY FACTS LOCATION Northern Cape province, South Africa OFFTAKER Eskom Holdings SOC Ltd POWER 100 MW TECHNOLOGY CSP molten salt tower 12 hr PROJECT COST USD 789 Mn ACWA POWER SHARE 35.00% OFFTAKE CONTRACT PPA-BOOT 20 years O&M NOMAC OTHER INVESTORS Solar Reserve (10%), PIC (13.5%), OMLACSA (10%), Community (12.5%), Pele Green (4%) EPC Northwinds Trading (Pty) Ltd |
