/PRNewswire/ The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has been.
Plus, the University of Akron has a new certificate focused on updating people's manufacturing skills, and Bridge Industries has a new chief operating officer.
Solar power project worth R11.6 billion planned for Northern Cape
The ACWA Power s Redstone project, planned for Northern Cape, will be South Africa s second central tower solar thermal plant.
The Redstone Solar Thermal Power (RSTP) – a project first proposed back in 2015 – is a planned solar power tower with molten salt energy storage planned for the Northern Cape.
The project is being developed by ACWA Power of Saudi Arabia part of the South African Renewable Energy Independent Power Producers’ Procurement Program (REIPPPP).
In 2016, a power purchase agreement (PPA) worth R50 billion with Eskom but was delayed due to a generation surplus. Two years later, the PPA was signed and Redstone confirmed in August 2019 that financing was complete.