Storage

Queensland tender draws energy storage for concentrated solar power (CSP)

Queensland’s tender for 400MW of large-scale renewables and 100MW of energy storage has received 115 proposals from 79 different entities spanning a wide range of technologies, according to the state's energy minister Mark Bailey. Proposals included 2.2GW of wind, 6.4GW of solar and around 500MW of other renewable energy [...]

Concentrated Solar Power (CSP) Market – Growth Trends and Forecasts (2017-2022)

The Market is expected to grow at a CAGR of XX percentage to reach USD XX Billion by 2022, from USD XX Billion in 2016. With innovative R&D activities and active promotion worldwide, CSP technology will see a period of fast growth in the following years. Solar power generation [...]

KaXu Solar One I Concentrated Solar Power in South Africa

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is one of the largest development finance institutions supporting the private sector in emerging markets. IFC was responsible for facilitating the structuring of the financing package for the KaXu Solar One project located in South [...]

Australia Concentrated Solar Power contract uses daytime load to access peak prices

SolarReserve's innovative offtake agreement for its 150 MW Aurora CSP plant combines favorable government demand shapes with peak power price exposure and renewable certificate income, Tom Georgis, Senior Vice President of Development at SolarReserve, told New Energy Update. n August, the Government of South Australia awarded U.S. developer SolarReserve [...]

Device could help store energy from concentrated solar power (CSP)

A ceramic-based mechanical pump able to operate at record temperatures of more than 1,400 degrees Celsius (1,673 Kelvin) can transfer high temperature liquids such as molten tin, enabling a new generation of energy conversion and storage systems. The new pump could facilitate high efficiency, low-cost thermal storage, providing a new [...]

SolarReserve realise 6 Cents Concentrated Solar Power

According to Kevin Smith, the CEO of California-based SolarReserve; the company that is first to sell CSP at 6 cents/kWh, the record-low CSP price was largely due to their receiver and heliostat research. The 150 MW Aurora CSP project will sell power day or night to the South Australian Government [...]

Solar energy leads the charge in another record year for renewables

Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online. This was another record year, largely as a result of booming solar PV deployment in China and around the world, driven [...]

Morocco pushing renewables boundary with Noor Concentrated Solar Power projects

Faced with an increasing energy consumption of roughly 6% per year and an energy dependence rate of around 95%, the Kingdom of Morocco has set an ambitious objective aiming to source 52% of its installed capacity from renewable energy by 2030, writes Abderrahim Jamrani. Expected to reduce global CO2 emissions [...]

Funding Opportunity Announcement: Generation 3 Concentrated Solar Power Systems (Gen3CSP)

The Generation 3 Concentrating Solar Power Systems (Gen3CSP) funding program will take successful, high temperature, lab-scale sub-component concentrating solar power technologies, develop them into integrated assemblies, and test these components and systems through a wide range of conditions. This includes the development of a test facility that allows diverse teams of [...]

UAE’s push on concentrated solar power should open eyes across world

The UAE is getting used to setting solar energy records. Dubai’s latest project, awarded last Saturday, follows this pattern. But, as a leap forward in a different type of solar power plant, it has important implications for renewable energy across the region. A joint venture of Saudi Arabia’s Acwa, already [...]

UAE’s solar outlook following Dubai’s Concentrated Solar Power tender

The launch of the world’s largest concentrated solar power (CSP) plant in Dubai has boosted the UAE’s solar energy outlook, BMI Research said on Friday. The research company said it had upgraded its forecast for the sector, expecting solar capacity to expand by an annual average of 55 per cent between 2017 [...]

Germany’s DLR targets 40% cost reduction for molten salt storage for Concentrated Solar Power

Germany's DLR research center has opened a new test facility which should help to reduce the cost of molten salt storage by "up to 40%," DLR said in a statement September 15. The Test Facility for Thermal Energy Storage in Molten Salt (TESIS) will be used to test molten salt [...]

700 MW concentrated solar power plant in Dubai hits a new record bid with $7.3 cents per KWh

Dubai Electricity and Water Authority (DEWA) awarded the 700MW parabolic trough concentrated solar power (CSP) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in a Saudi Arabia- China consortium with a record bid of $7.3 cents per KWh. The project is considered the largest concentrated solar [...]