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South Africa: ACWA Power Solarreserve Redstone Solar Thermal Power Plant (Pty) Ltd secures ZAR 600 million in state aid from IDC

Description

On 8 April 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 600 million (approximately USD 31.61 million) in state aid to ACWA Power Solarreserve Redstone Solar Thermal ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Apr 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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