) recently received an order to supply electrical and control
systems for a new 75 megawatt (MW) photovoltaic (PV) power plant
located at Kathu in the Northern Cape province of South Africa.
The order is worth approximately $25 million and is booked in the
The new 75 megawatt (MW) photovoltaic (PV) power plant is
located in the Kalahari Desert close to the town of Kathu and to
Sishen. These towns are one of the largest open-pit iron ore
mines in the world.
The photovoltaic power plant project in Kathu is one of the
first projects awarded under South Africa's renewable energy
program. This project intends to expand the country's power
components to reduce the carbon footprint. The project is
expected to complete by 2014 and it is expected to have a
capacity of 146 gigawatt of clean solar power. The plant is owned
by WBHO, one of the leading construction companies in South
Africa and Building Energy, an Italian renewable energy developer
In addition, ABB will also deliver an advanced tracking system
with a back-tracking algorithm that optimizes tracker movement
and removes shadow on the panels. The solution to be provided by
ABB will also contain a data-collection system that collects
operational input from the trackers, inverters, string boxes and
substation to facilitate remote operation and maintenance,
thereby optimizing the need for onsite manning.
Based in Zurich, Switzerland, ABB Ltd. is a power and
automation technology company and currently has a Zacks Rank #3
(Hold). Some other players in the same industry, which can be
considered at the moment are
Chicago Bridge & Iron
Orion Marine Group Inc.
) which have a Zacks Rank #2 (Buy).
ABB LTD-ADR (ABB): Free Stock Analysis Report
CHICAGO BRIDGE (CBI): Free Stock Analysis
HONEYWELL INTL (HON): Free Stock Analysis
ORION MARINE GP (ORN): Free Stock Analysis
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