Project Detail |
Bokpoort CSP is a greenfield Independent Power Project (IPP) which is an integral part of South Africa’s renewable IPP program. The project is developed on a BOOT (build, own, operate, transfer) basis with a total power generating capacity of 50 MWe net power output. The project is equipped with the largest thermal storage size ever adopted for a similar operational size providing nine hours of storage and is among the most efficient solar plants in the world. In May 2012, a consortium led by ACWA Power was announced as the preferred bidder to develop the BOKPOORT CSP Independent Power Project located in the Northern Cape Province, 600 km west of Johannesburg in South Africa. In June 2013, the project achieved financial close and start of construction. KEY FACTS LOCATION Northern Cape Province, South Africa OFFTAKER Eskom Holdings POWER 50 MWe (net) with 9 hours of thermal energy storage CONFIGURATION CSP Parabolic trough with approx. 9.3 hours storage. PROJECT COST USD 517 Mn COMMERCIAL OPERATIONAL DATE Q1 2016 ACWA POWER SHARE 40.0% OFFTAKE CONTRACT PPA-BOO 20 years O&M NOMAC local OTHER INVESTORS Lereko (13%), Public Invest co (25%), other (22%) EPC Spain’s TSK Electronica y Electricidad, Acciona Infrastructures, Acciona Ingenieria, Sener Ingenieria y Sistemas and Crowie Concessions |