The companies behind the project are Saudi Arabia's ACWA Power, US-based SolarReserve and state-owned Central Energy Fund of South Africa, which joined the scheme this summer.
The project has a 20-year PPA with South African utility Eskom. (Source: African Development Bank, Dec., 2018) Contact: African Development Bank, www.afdb.org
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The Redstone project will incorporate SolarReserve's proprietary ThermaVault technology which integrates molten salt energy storage technology as well as heliostat collector field controls and tracking system.
In addition to the Redstone project, SolarReserve developed 246 MW of solar capacity already installed and operating in South Africa, 650 MW bid into expedited round 4.5 of the REIPPPP and a pipeline of over 2,000 MW. (Source: Independent Power Producer Procurement Programme, SolarReserve, Power Engineering, 6 April, 2018) Contact: SolarReserve, Tom Georgis, Senior VP of Development, (310) 315-2200, www.solarreserve.com; ACWA, +27 11 722 4100, www.acwapower.com; Eskom. www.eskom.co.za
More Low-Carbon Energy News Eskom, Solar Energy Storage, Molten Salt Energy Storage, Eskom, SolarReserve, Solar, Energy Storage,
The solar array and storage project was designed, built and will be operated and maintained by SunPower, with financing provided by Birmingham-headquartered Regions Bank.
This project is a collaboration between the U.S. Army Office of Energy Initiatives, Redstone Arsenal, the U.S. Army Corps of Engineers, and SunPower, and features a SunPower Oasis® Power Plant system. The fully integrated, modular solar power block is engineered and built for compatibility with a future micro-grid, and is paired with storage to reduce peak power-related demand charges for Redstone Arsenal.
The Army is purchasing 100 percent of the electricity generated by the project through a 27-year PPA at rates competitive with traditional energy sources.
(Source: SunPower, February, 2018)
Contact: SunPower, https://us.sunpower.com; Redstone Arsenal, www.garrison.redstone.army.mil
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