Khi Solar One
South Africa- another
country, just as Mexico which has failed to evoke the notion of an emerging
economy to look out for, despite its great potential. A major mistake is large-sclae
corruption present in major infrastructural projects. One project everyone
hopes its operations are not stopped due to corruption charges is the
high-budget Khi Solar One project.
“The 205 meter high
Khi Solar One is a technically stunning thermal power development with more
than 4,000 rotating mirrors. Judges said this project stands apart from other
impressive efforts within South Africa’s first state renewables procurement
program. It will prevent approximately 183,000 tonnes of CO2 emissions per year
as part of the country’s goal of generating 17.8 GW of renewables by 2030. The
project has been supported by US$70 million of European Investment Bank funding
and should encourage other investors and lenders to support renewable schemes
in South Africa” (KPMG).
This plant has been
specifically designed to meet South Africa’s renewable energy needs. Khi Solar
One will prevent approximately the release of 183,000 tons of CO2 emissions per
year, and will supply clean energy to approximately 45,000 households while
simultaneously creating an average of 600 jobs during construction, and approximately
35 jobs during operation.
(Image Credits: Abengoa Solar)