In the middle of the Atacama Desert in northern Chile, the first solar thermal power plant in Latin America emerges from the ground. A 250-metre high tower surrounded by thousands of giant mirrors, the power plant allows continuous electricity production, unlike conventional renewable energy forms. The project named Cerro [...]
Australian CSP developer Vast Solar is seeking A$75 million ($53.1 million) of financing for a A$240 million hybrid CSP-PV plant in New South Wales, according to reports. Vast Solar is planning to build a 50 MW plant consisting of 30 MW of modular CSP tower capacity with 10 hours [...]
Suppliers to ACWA Power's 950 MW Noor Energy 1 plant are using enhanced strength and design features to ensure reliability throughout the 35-year power purchase agreement (PPA), the companies told New Energy Update. A flurry of recent supply contracts for ACWA Power's 950 MW Noor Energy 1 CSP-PV plant in [...]
The project EPC contractor Shanghai Electric releases another milestone news for Dubai Mohammed bin Rashid Al Maktoum Solar Park Phase IV solar power hybrid project--950MW Noor Energy 1 CSP-PV Project, that the 100MW Concentrated Solar Power tower plant has completed the foundation of the Solar Tower last week on [...]
The tower form of Concentrated Solar Power (CSP) is very young technology. Less than a gigawatt is deployed globally, making it a nascent technology at the “Cambrian explosion” stage; multiple innovations are still being explored to cut costs. (How tower CSP works) A new economic study looks at reducing [...]
With more electricity disruptions likely to occur in the next few years as state utility Eskom struggles to meet demand, South Africa should look at concentrated solar power (CSP) technologies as an alternative when coal power stations fail, Stellenbosch University has said. The university cited Dr Toyosi Craig, a project [...]
In addition to PSH and battery storage, concentrated solar power can provide large-scale energy storage, but the way CSP solar thermal storage characteristics differ from those of PSH and stationary batteries prevents direct comparison. Nonetheless, most concentrated solar power plants deployed over the outlook period are expected to include thermal [...]
ESTELA welcomes the “Integrated National Energy and Climate Plans” recently sent by the Spanish government under the Governance 2030 Regulation covering the ten-year period 2021 to 2030. In Spain, the draft National “Integrated National Energy and Climate Plans” (NECPs) has been approved by the Spanish Council of Ministers and [...]
Dubai Electricity and Water Authority issues a request for qualification to build and operate new phase of the Mohammed bin Rashid Al Maktoum Concentrated Solar Power Park. Dubai Electricity and Water Authority (DEWA) has issued a request for qualification for developers to build and operate the fifth phase of [...]
The Spanish Government has already sent the draft of the Integrated National Energy and Climate Plan to the EU Commission, with a very well prepared report in which, logically, the Concentrated Solar Power plants already appear in the forecast of the generation mix by 2030. The value proposition of [...]
Spain aims to double Concentrated Solar Power capacity to 4.8 GW by 2025 and reach an installed capacity of 7.3 GW by 2030, according to a new 10 year energy plan set out by the government. Under the plan, which will be reviewed by the European Commission (EC), Spain's installed [...]
Industrial power and heat developers are adapting designs to minimize construction costs and shorten payback periods and greater financing support could see costs fall by a half, industry experts told New Energy Update. Falling technology costs and growing carbon reduction objectives have spurred industrial companies to turn towards renewable energy [...]
With the rise of China concentrated solar power (CSP) industry, especially after the launch of 1st batch of 20 demonstration projects in the year of 2016, an increasing number of Chinese local companies have been entering such an emerging new energy market, trying to get some share of this “big [...]
