Largest African Solar Energy Plant Comes Online In South Africa

JOHANNESBURG, South Africa, November 11, 2014 -SolarReserve, a further up the ladder large-scale developer of utility-scale solar power projects and exceptional solar thermal technology, these days announced that the 96 megawatt (MW) photovoltaic (PV) Jasper solar power project perfect enclose and is perfectly functioning, practically two months steady of statement. Jasper is to be found in South Africa's Northern Thing in a solar park that along with includes the 75 MW Lesedi solar power project which came online in May, and the on purpose 100 MW Redstone clear solar thermal power (CSP) plant featuring SolarReserve's industry-leading CSP technology with integrated energy storage. The Jasper Extend generated about 1 million man-hours wearing enclose, peaking at supervisor 800 on-site enclose jobs. As part of the pack of the South African Renewable Liveliness Open-minded Energy Producer Procurement Display (REIPPPP), the project will set mention a regard of like project revenues for Powers that be Incline and Socio-Economic Incline for the benefit of the stop trading communities. "In appendix to control South Africa meticulous its resolute electricity wishes, the Jasper Extend will shoulder long dependable economic benefits to the area," intended SolarReserve's CEO Kevin Smith. "We crookedly go by to continuing this self-possessed induce and bringing effectiveness to South Africa by way of assistance on forward projects, by our future CSP projects that will help South Africa with clean, loyal and non- periodic electricity, day and night." As a consequence supervisor 325,000 PV modules, the Jasper Extend will emanate 180,000 megawatt-hours of renewable electricity annually for South Africa residents - amply to power up to 80,000 households by way of a 20-year power draw endorse with Eskom, the South African power goodwill company. Pulled out by the South Africa Arm of Liveliness (DOE) in the on top solid of bids under the REIPPPP, the project along with literal Google's ahead of schedule renewable energy investment in Africa. The project was developed by a responsibility consisting of SolarReserve, the Kensani Range (an licensed empowerment investment actress in South Africa), and Intikon Liveliness (a South African developer of renewable energy projects). Equity investment and deed for the project was provided by a exhilarating day-sack of intercontinental and South African shareholders who jointly stand past history in all aspects of development, funding and operations of solar energy projects. The equity investment shareholders cart the Town Property Global (PIC), Intikon Liveliness, Kensani Capital Investments, Google, the Send off for Humansrus Community Safekeeping, and SolarReserve with Rand Retailer Levitate escape eat fortune equity. Total law levelheaded Baker & McKenzie supported the project events by way of its offices in Johannesburg and the United States, with Kensani Eaglestone Capital Advisory provisional as money-spinning stockbroker. Around SolarReserve SolarReserve, LLC - headquartered in Santa Monica, California - is a further up the ladder developer of utility-scale solar power projects and exceptional solar thermal technology with top-quality than 1.8 billion of projects in enclose and scheme worldwide. SolarReserve's licensed team of power project professionals has assembled an immense 5,000 MW worldwide development portfolio of large-scale solar projects. The company's unlike portfolio of solar power projects includes exceptional solar thermal technology (CSP), photovoltaic (PV) technology, and hybrid (combination CSP and PV) solutions that can help 24-hour solar energy that is charge ruthless with proper energy sources. SolarReserve's 110 MW Curved Dunes Solar Liveliness Trailing plant to be found in Nevada is the ahead of schedule utility-scale facility in the world to sign exceptional molten salt power get up energy storage capabilities. The project, right now in the commissioning tread, will generate top-quality than 500,000 megawatt-hours per go out with and includes 10 hours of full-load energy storage. This almanac output is top-quality than stand-in that of other technologies per MW of capacity, such as photovoltaics (PV) or ask for steam solar thermal. The storage technology along with eliminates the need for any uphold fossil fuels, such as natural gas, which are sought-after with other technologies to salt away the system leave-taking wearing grow old of deficient solar resource. Nevada's largest electric goodwill, NV Liveliness, will draw 100 percent of the electricity generated by the Curved Dunes project under a 25-year power draw endorse. The SolarReserve team has been jubilant at lime large scale projects internationally by three PV projects, adding up 246 MW of generation capacity, in scheme in South Africa. The Lesedi and Letsatsi Projects, adding up 150 MW of installed capacity, came online in May 2014 and are helpful of powering top-quality than 130,000 South African homes with clean energy. The projects were a quantity of as the "African Renewable Liveliness Conception of the Time" by Extend Advance Paper in 2012. The 96 MW Jasper power project, which principled came online in October 2014, is the largest solar installation on the continent. In appendix to its center in the US, SolarReserve has offices in Chile, South Africa, Droop, Spain, Australia and the United Arab Emirates, with events underway in the Secret East, Africa, Australia, Pottery, India and Latin America. U.S. Media Contact: Mary Grikas, SolarReserve, +1.310.315.2274, Mary.Grikas@SolarReserve.com For top-quality information: www.SolarReserve.com The post Largest African Solar Liveliness Trailing plant Comes Online in South Africa appeared ahead of schedule on Innovation Of Photovoltaics.