As a gloabl leader in the development and technological consultancy of concentrated solar power (CSP) projects, Abengoa is actively present in the high growth market of the Middle East and Afirca, in the United Arab Emirates (UAE), Morocco, South Africa, Saudi Arabia, Kuwait, Oman, Israel, Jordan and Egypt. Till now, [...]
Spanish multinational Abengoa will officially launch its third large-scale solar thermal plant in South Africa on May 18, near Pofadder in the Northern Cape. It is expected to have an impact on the local community and demonstrate the viability of renewable energy as a sustainable source of electricity. The parabolic [...]
International technology and infrastructure group Abengoa, which has developed a portfolio of three concentrated solar power (CSP) projects in South Africa, believes blending CSP with solar photovoltaic (PV) technology is the logical next step for lowering CSP costs, while also producing dispatchable solar power. The Spanish group recently completed construction [...]
U.S. Secretary of Energy Rick Perry has announced up to $105.5 million in funding for solar energy research and development, including a substantial portion for CSP research. Under the plan, the Department of Energy’s Solar Energy Technologies Office will invest $24 million in 21 concentrating solar power projects. These projects [...]
Developer ACWA Power has now signed key PPA and EPC agreements for the 700 MW plant in Dubai while Chinese partner Shanghai Electric has started optimization activities along the supply chain, project partners told the MENA New Energy 2018 conference. Last month, Saudi Arabia’s ACWA Power signed an Engineering, [...]
The energy storage market is being swept by a wave of disruptive technologies and business models with companies looking to capitalize on this lucrative sector. Frost & Sullivan's recent analysis, Global Energy Storage Market Outlook, 2018, finds that the total installed capacity will grow 15.9 percent between 2017 and 2018, [...]
Dubai Electricity and Water Authority will tender a 300 megawatt concentrated solar power (CSP) plant for the Mohammed bin Rashid Al Maktoum Solar Park before the first quarter of 2019 as the UAE looks to meet 7 per cent of its power needs from the sun by 2020, [...]
In terms of per-unit cost, the new CSP project, valued at Dh14.2 billion, has achieved the world’s lowest Levelised Cost of Electricity (LCOE) of 7.3 US cents per kilowatt hour (kW/h), according to Dewa. The CSP project is expected to provide clean energy to over 270,000 homes in Dubai, estimated [...]
Engineers at the University of Wisconsin-Madison are shining a light on promising new strategies for storing solar power. The efforts could help overcome one major limitation of energy generation from solar sources—namely, how to keep up with electricity demand when the sun goes down. "As renewable energy takes on a [...]
The South African government has finally signed a power purchase agreement (PPA) for SolarReserve and ACWA Power’s 100 MW Redstone CSP project, ending more than two years of delays. South African energy minister Jeff Radebe confirmed the news on Twitter. He announced that the South African government had signed [...]
Global CSP capacity hit 4.95 GW at the end of 2017, according to the International Renewable Energy Agency’s annual report on global renewables capacity. The 100 MW Xina plant in Pofadder, South Africa was the only CSP plant to begin commercial operations in 2017, marking the slowest year for [...]
Recognizing the numerous benefits of regional electricity market integration, France, Germany, Morocco, Portugal and Spain signed a joint declaration, during COP22 in Marrakech, on the establishment of a roadmap for sustainable electricity trade (SET) between Morocco and the European internal energy market. An activity was launched on 7 September 2017 [...]
Sulzer has been contracted to supply 18 pumps for both solar and power islands of the Aksay 50MW CSP plant in China. Aksay is a molten-salt parabolic trough plant with a 15-hours molten-salt heat storage system. To promote renewable energy, the Chinese government has launched a first batch of 20 [...]
