ACWA Power’s investments in Africa
ACWA Power’s Redstone Concentrating Solar Power (CSP) plant in South Africa has reached 50 MW and is set to achieve its full 100 MW capacity in the coming days.
Image for illustration purposes.
South Africa/Egypt: ACWA Power’s Redstone Concentrating Solar Power (CSP) plant in South Africa has reached 50 MW and is expected to achieve its full 100 MW capacity in the coming days. The successful synchronisation of Redstone CSP to South Africa’s national grid was achieved through ACWA Power’s collaboration with Herlogas and Sepco III. The project will provide clean energy to almost 200000 households while significantly reducing carbon emissions.
In Egypt, the Kom Ombo Photovoltaic (PV) plant has reached its full production capacity of 200 MW, supplying clean energy to more than 200000 households. ACWA Power’s investments in total project cost across Africa currently stand at $7 billion.
“Our investments in Africa reflect our commitment to sustainable growth through strategic partnerships and leading-edge technology. ACWA Power is not only a financial leader but also a responsible partner and a pioneer in shaping Africa’s energy and water future. We are eager to invest further where opportunities are most promising, bringing positive change to communities across the continent,” CEO Marco Arcelli commented.
Source: Zawya
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