Redstone CSP IPP

OVERVIEW

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 724 Mn
  • ACWA POWER SHARE
    49%
  • OFFTAKE CONTRACT
    PPA-BOO 20 years
  • O&M
    NOMAC
  • PROJECT COMPANY
    ACWA Power SolarReserve Redstone Solar Thermal Power Plant (RF) Proprietary Limited
  • COMMERCIAL OPERATIONAL DATE
    Q4 2023