Renewable Energy to represent 12% of South Africa's energy mix in 2020

Abengoa completes tower construction for Khi Solar One CSP plant

Abengoa designs, constructs and operates its own plants, and is one of the few companies that uses both parabolic trough and tower technology.

Abengoa (MCE: ABG.B), the company that develops innovative technology solutions for sustainable development in the energy and environment sectors, together with project partners Industrial Development Corporation (IDC) and the Khi Community Trust, welcomed representatives from the government of South Africa to celebrate the completion of the construction of the Khi Solar One tower. This achievement marks an important milestone in the execution of this project, a significant development for CSP tower technology itself, as well as a strong positive impact on the community and the country.

A delegation, including members of the South African Government visited the 205 meter tall tower of Khi Solar One in the Northern Cape Province near Upington, where the national flag was raised next to those of the project partners. Representatives of IDC, a major South African industrial development institution, Abengoa and the Khi Community Trust, an institution that represents the local community, accompanied the guests on a tour through the installation and some of the suppliers