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Project category
Production d'énergie renouvelable et durable (PERD)
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Estimated budget
594000000
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Capacity in MW
100
Developed by Power Africa partner Engie, the Kathu Solar Park is a 100 MW greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and Independent Power produced via a molten salt storage system that allows 4.5 hours of thermal energy storage. The CSP park is situated in the Northern Cape Province of South Africa. Four Power Africa partners were involved in financing this project: Rand Merchant Bank, Nedbank, Investec and the DBSA. Upon completion, the plant is expected to supply over 179,000 South African homes with stable electricity during the peak demand period.
Project Follow Up
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Lead financier
Rand Merchant Bank, Nedbank, Investec et la DBSA.
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Co-financier (if applicable)
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Budget Total en Millions d’Euros
$660M
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Equity in Millions of Euros
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Financial Products
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Project status
Clôture financière
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Technique Assistance in Millions Euros