Kathu Solar Park, a concentrated solar power (CSP) project promoted by a consortium led by GDF SUEZ, has been selected as 'preferred bidder' by South Africa's Eskom.
Kathu Solar Park is a 100 MW Concentrated Solar Power (CSP) project with parabolic trough technology and thermal energy storage system based on molten salts, able to dispatch 4.5 hours of energy without sun's radiation.
The plant will be located in the Northern Cape Province, about 600 km south-west of the capital Pretoria. The consortium, which is led by GDF SUEZ (approximately 49%) includes a group of South African investors comprising SIOC Community Development Trust, Investec Bank, Lereko Metier and Public Investment Corporation.
Kathu Solar Park has been selected as preferred bidder in the third round of the Renewable Energy Independent Power Producer Procurement (REIPPP) led by South Africa's Department of Energy.
There are another 100 MW to be awarded to one of the other two bidders included in the tender process, a consortium by ACWA Power and Solar Reserve and Emvelo.
The next step will be the signing of a 20-year Power Purchase Agreement (PPA) with Eskom, the first producer and supplier of electricity in South Africa.
Gérard Mestrallet, Chairman and CEO of GDF SUEZ has said: “GDF SUEZ is proud to be part of the REIPPP Programme. Kathu Solar Park strengthens our contribution to South Africa’s objective of establishing sustainable energy generation and promoting local economic development. The project is in line with our Group’s effort to become a leader in the transition to clean energy.”