ACWA DAO Solar PV Park is a 442MW solar PV power project. It is planned in Northern Cape, South Africa. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in August 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 442 | – | 442 | Permitting | Northern Cape, South Africa | International Company for Water and Power Projects |
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Description
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The project is being developed by International Company for Water and Power Projects. The project is co-owned by International Company for Water and Power Projects, Thebe DAO and Trisort Investments, with their respective ownership stake of 33.33% each.
ACWA DAO Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $528.19m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by August 2022.
About International Company for Water and Power Projects
International Company for Water and Power Projects (ACWA Power) is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through coal, thermal, oil, gas, solar and wind technologies. ACWA Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. ACWA Power is headquartered in Riyadh, Saudi Arabia.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
