Documents

China concentrated solar power demonstration projects’ development

The year of 2018 witnessed the rapid growth of concentrated solar power (CSP) industry in China, a total capacity of 215 MW new concentrated solar power (CSP) projects were finished, which is almost 7 times of the 30 MW capacity made before that year. Coming to the year of 2019 [...]

Heliogen Is Bill Gates’ Latest Venture That Is Only Good For Oil & Gas

Bill Gates seems to love to invest in things that aren’t going to make much of a difference to climate change but that are good for the fossil fuel industry. The latest is Heliogen, a company which uses machine learning to make solar ovens hotter and more reliable. The [...]

Port of Antwerp installs Europe’s first industrial concentrated solar power

Port of Antwerp today announced the inauguration of the first ‘Concentrated Solar Thermal Plant’ (CST) in European process industry that could generate eco-friendly heat from sunlight for Adpo Logistics in Beveren, Belgium. The plant was installed by the Genk-based energy company Azteq as part of a pilot project co-financed by [...]

The Energy Transition in the Arab World

Dii Desert Energy will be hosting the 10th annual Dii Desert Energy Leadership Summit on 25-26th of November, at the Adlon Kempiski hotel in Berlin. Combined with the 10th Arab-German Energy Forum and in co-operation Ghorfa (Arab - German Chamber of Commerce), the conference will be held under the theme [...]

Saudi Arabia starts offering loans to develop renewable energy

Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil. The 105 billion-riyal ($28 billion) Saudi Industrial Development Fund opened applications for the program, called Mutjadeda, on Sunday. The program will give [...]

Luis Crespo participates in the SolarPACES concentrated solar power conference

Luis Crespo, president of Protermosolar, will preside over the first plenary session of the XXV edition of SolarPACES, which will be held from October 1 to 4 in South Korea. The president of Protermosolar, Luis Crespo, will preside over the first plenary session of the SolarPACES 2019 congress, the most [...]

Vast Solar closes capital raise to finance Concentrated Solar Power project

Australian concentrated solar power (CSP) company Vast Solar has finalised a capital hike to progress development of its 30-MW solar thermal power reference plant. Vast Solar did not disclose how much it raised through the capital increase but mentioned that it gained further support from existing investors. In February, it [...]

US turbine leap boosts prospects for smaller Concentrated Solar Power plants

Tests at the world's highest-temperature sCO2 turbine indicate lower costs and faster ramping will make even smaller Concentrated Solar Power plants competitive, U.S. researchers told New Energy Update. Engineers at General Electric (GE) and the Southwest Research Institute (SWRI) recently completed testing of the world's highest temperature supercritical carbon dioxide [...]

Concentrated Solar Power increasing cumulative global capacity more than 11% to just under 5.5 GW in 2018

An estimated 550 MW of concentrating solar thermal power (CSP) came online in 2018, increasing cumulative global capacity more than 11% to just under 5.5 GW. CSP is also known as solar thermal electricity (STE). This annual increase represents the largest gain since 2014, and it occurred despite delays [...]

Irena: Concentrated Solar Power Costs Fell 46% From 2010–2018

The International Renewable Energy Agency (IRENA) has reported that energy generation and installation costs of concentrated solar power (CSP) projects fell sharply in 2018, down more than 40% from 2010. IRENA analyzed multiple financial and technical parameters related to concentrated solar power projects in its latest report Renewable Power [...]

The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP)

Renewable energy has become an increasingly competitive way to meet new power generation needs. This comprehensive cost study from the International Renewable Energy Agency (IRENA) highlights the latest trends for each of the main renewable power technologies. Released ahead of high-profile United Nations energy and climate discussions, Renewable Power Generation [...]

Andalusia aims to 25,650 MW of renewable energy between wind energy, concentrated solar power and photovoltaic

The analyzed potential to install renewable energy projects is distributed, by technologies, as follows: 81% corresponds to photovoltaic projects, 8.2% to wind power, 6.3% to solar thermal, 3.5% to investments in offshore wind energy and 0.6% in biomass. The Junta de Andalucía, through the Agency of Finance, Industry and Energy, [...]

Concentrated Solar Power Molten Salt Energy Storage

The new Venture Capital (VC) firm Breakthrough Energy Ventures (BEV) only invests in technologies they vet as both “scientifically feasible at scale” and with the potential to reduce “at least half a gigaton of greenhouse gases every year.” Along with Alfa Laval and Concord New Energy Group, BEV has invested [...]