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SA’s largest CSP tower project secures financing from local bank

South Africa’s largest Concentrated Solar Power (CSP) tower project has appointed Absa Bank as a mandated lead arranger, senior lender and hedge provider.

SA’s largest renewable energy project Redstone CSP achieves financial close

ACWA Power, the Saudi developer, investor and operator of power generation and water desalination plants has announced the commencement of construction on the 100MW Redstone project following achievement of financial close. At ZAR 11.6...

S.Africa: Central Energy Fund signs 100MW CSP deal

The Central Energy Fund of South Africa and ACWA Power have entered into a cooperation agreement to co-invest in renewable energy projects the first of which will be the 100MW Redstone concentrated solar thermal...