Ilanga CSP 1/ Karoshoek Solar One 100MW parabolic trough CSP project

Overview:

• Ilanga CSP 1/ Karoshoek Solar One 100MW parabolic trough CSP project,
• The project has a value of approximately ZAR6.5 billion. 
• It was commissioned as part of the third round of the renewable energy independent power producer procurement programme (REIPPP). 
• The shareholders of the Karoshoek Solar One Project Company are Emvelo, the Industrial Development Corporation (IDC), Cobra Energia, Public Investment Corporation (PIC), Investec and The Karoshoek Community Trust. 
• The project lenders are Nedbank, ABSA, Investec, DBSA, IDC and Standard Bank.

John Crabb - Journalist