{"id":81338,"date":"2023-12-19T00:00:00","date_gmt":"2023-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/12\/19\/acwa-power-inks-ppa-for-south-africas-largest-dispatchable-clean-energy-project\/"},"modified":"2023-12-19T00:00:00","modified_gmt":"2023-12-19T00:00:00","slug":"acwa-power-inks-ppa-for-south-africas-largest-dispatchable-clean-energy-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/12\/19\/acwa-power-inks-ppa-for-south-africas-largest-dispatchable-clean-energy-project\/","title":{"rendered":"Acwa Power inks PPA for South Africa\u2019s largest dispatchable clean energy project"},"content":{"rendered":"

Acwa Power secures PPA for South African renewables: <\/strong>KSA renewables giant Acwa Power signed a power purchase agreement with South Africa\u2019s Mineral Resources and Energy Ministry and state power company Eskom to offtake energy from a planned 150 MW dispatchable renewables plant, according to a statement<\/a>. The project is part of Acwa\u2019s USD 800 mn, 442 MW DAO solar energy complex<\/a> in the country\u2019s Northern Cape Province.<\/p>\n

SOUND SMART- <\/strong>Dispatchable power plants<\/a> are energy facilities that can alter how much power they provide to the electricity grid on short notice. They can be switched on and off or ramped up and down to meet power demand. <\/p>\n

About the project:<\/strong> The 442 MW solar farm \u2014 which is expected to come online by 2Q 2026 \u2014 is currently under construction and will be accompanied with a 1.2 GWh capacity battery energy storage system, the statement notes. The project is co-owned by Acwa Power, Thebe DAO and Trisort Investments, with each holding a 33.3% stake, Power Technology<\/a> notes. <\/p>\n

Not Acwa\u2019s first entry into South Africa:<\/strong> Acwa kicked off on construction<\/a> on its ZAR 11.6 bn (c. USD 622.7 mn) 100 MW concentrated solar power Redstone plant in the African country back in 2021, which at the time was the country\u2019s largest. The project was set to come online by Q4 2023. The company also helped develop the USD 517 mn, 50 MW Bokpoort<\/a> CSP greenfield Independent Power Project (IPP) to support advancement of South Africa\u2019s renewable IPP program. <\/p>\n

Other regional players are also tapping the country\u2019s clean energy market:<\/strong> The South African government tapped the UAE\u2019s Amea Power<\/a> for development of the USD 120 mn, 120 MW Doornhoek solar energy plant last year. Once operational, the project is expected to generate over 325 GWh of clean energy, offsetting 290k tons of CO2 emissions annually.<\/p>\n","protected":false},"excerpt":{"rendered":"

Acwa Power signed a PPA with the South African government for its 150 MW dispatchable renewables project in the Northern Cape Province. The plant is part of a wider USD 800 mn, 442 MW clean energy venture in the African country.<\/p>\n","protected":false},"author":1,"featured_media":81339,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[184,11,88,42,622],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-81338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-acwa-power","tag-enterpriseclimate","tag-renewables","tag-solar-energy","tag-south-africa","wpautop","entry"],"acf":{"mongo_id":"ee78c611-51cf-4713-8de3-8b772e2f5375","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/5094.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Acwa Power inks PPA for South Africa\u2019s largest dispatchable clean energy project","related_issue":[81333],"teaser":"Acwa Power signed a PPA with the South African government for its 150 MW dispatchable renewables project in the Northern Cape Province. 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