Southafrican Government awards 30 Photovoltaic Megawatts to Gestamp Solar
SOUTHAFRICAN GOVERNMENT AWARDS 30 PHOTOVOLTAIC MEGAWATTS TO GESTAMP SOLAR.
(Madrid, December 16th 2011). Southafrica's Energy Department has awarded Gestamp Solar, photovoltaic solar division of Gestamp Renewables, two PV projects with a total power of 30 MW. Gestamp Solar will develop these projects, located in Northern Cape, with a local partner.
This has been the first major renewable energies auction in Africa. During Durban Climate Convention, Southafrica announced the awarding of a 1.5 MW.
Jorge Barredo, Gestamp Solar CEO, said: “these projects are a step further in the group's internationalization” and added: “this is the first major renewable auction in Southafrica and we will be among the first companies that will develop photovoltaic energy in the country”.
The production of electricity from these projects will prevent the emission of over 33.000 CO2 tons into the atmosphere and will generate the equivalent to the annual electricity consumption of over 19.000 houses.
About Gestamp Solar
Gestamp Solar, photovoltaic energy subsidiary of Gestamp Renewables, specializes in the development, construction and operation of solar farms in USA, India, Southafrica, Italy, France and Spain. It has participated to date in over 40 PV MW.
About Gestamp Renewables-Corporación Gestamp
Corporacion Gestamp, parent company of Gestamp Renewables, is a multinational leader in Europe in the steel sector, automotive components and renewable energy.
It is currently present in 25 countries in Europe, America and Asia, with 118 industrial plants and a global workforce of 30,000 employees. Corporacion Gestamp will end 2011 with a turnover of 7,000 million Euros.
Gestamp Renewables (www.gestampren.com), a division of Corporacion Gestamp, is an industrial operator and supplier of components in the field of renewable energies with a single integrated business model, with presence across the whole value chain, from manufacturing and components supply, promotion, construction, maintenance, operation and development of wind, solar and biomass energy projects.
Gestamp Renewables integrates three lines of activity in Corporacion Gestamp’s renewable energies: Gestamp Solar, Gestamp Wind and Gestamp Biomass. With a clear commitment to international growth, it is currently present in Europe, U.S., Latin America, Brazil, India, Turkey and South Africa.