South Africa Plans World’s Biggest Solar Power Project
October 31st, 2010Via: AFP:
South Africa’s plan to build what could become the world’s biggest solar project has drawn keen interest from investors even though it is still in its infancy, an official said Friday.
More than 400 investors and solar industry insiders from around the world converged on the town of Upington in South Africa’s arid Northern Cape province this week for a two-day conference aimed at generating investor interest in plans for a 5,000-Megawatt solar park at the edge of the Kalahari Desert.
The park, whose estimated price tag is 150 billion rands (21.3 billion dollars, 15.4 billion euros), would provide one-eighth of South Africa’s current generation capacity, helping end the country’s reliance on coal and the power shortages that pummelled its economy in 2008.
