$660m in project funding secured for 100 MW Xina Solar One

Technology group Abengoa has announced that $660-million in project financing has been secured for the 100 MW Xina Solar One project – a parabolic-trough concentrated solar power (CSP) project, with five hours of thermal energy storage capacity, being built in South Africa’s Northern Cape. The total investment in the Xina project is expected to be $880-million.