Should Australia invest in Concentrated Solar Power rather than gas power?

Recently NSW announced that a gas power plant would be classed as critical infrastructure to speed up the planning process. This follows the Morrison government's policy that gas power is needed to transition away from coal to renewables, but that policy has met with criticism from those advocating a steady [...]

Is concessional finance key to Concentrated Solar Power in 2021?

It’s hard to finance large infrastructure projects in many parts of the world. Banks and other traditional financiers often shy away from making big commitments in developing markets or those with perceived risks such as exchange rate volatility or political instability. In such places, getting large projects off the [...]

2020-12-23T22:51:11+00:0023-12-2020|Categorías: BREAKING NEWS, NEWS, Sin categoría, Top News|Etiquetas: |

TEXEL Explores US Market for 2-Cent Thermal Energy Storage in Metal Hydrides

TEXEL has a developed a form of thermal energy storage charged by electric heat to provide grid power and energy storage and plans to manufacture the technology in the US. The Swedish company began as a Concentrated Solar Power (CSP) firm (How CSP works) which has subsequently focused on [...]

Botswana Launches PV and Concentrated Solar Power Generation Plan

Government has developed a plan for reliable, safe and affordable electricity supply in Botswana. Launching the Integrated Resource Plan (IRP) on December 15, Minister of Mineral Resources, Green Technology and Energy Security Mr Lefoko Moagi said the intension was to achieve an energy generation mix of at least 15 [...]

Cubico to acquire Grupo T-Solar

Cubico has agreed to acquire a 274MW solar platform with operational assets in Spain and Italy from I Squared Capital. The Grupo TSolar platform comprises 47 operational assets that spans 167 MW of solar photovoltaic capacity and 100 MW of concentrated solar power across Spain, as well as 7MW of [...]

ACWA Power achieves first refinancing transaction in South Africa renewables sector

The ACWA Power Solafrica Bokpoort Concentrated Solar Power (CSP) plant, one of the major drivers of renewable energy in South Africa, has achieved another significant first, having announced the largest infrastructure refinancing initiative to be implemented in the country. Project financiers, led by Investec Bank, have concluded the first refinancing [...]

1st CSP4Climate conference

Two years following the successful organization of the 1st CSP4Climate conference, the need to take immediate action to address the most important global challenge of our times, Climate Change, is more urgent than ever. The adverse effects of climate change are getting more pronounced, especially in the Mediterranean basin. [...]

2020-12-16T07:21:04+00:0015-12-2020|Categorías: BREAKING NEWS, NEWS, Sin categoría, Top News|Etiquetas: |

Absolicon, Ariya Fingery plan solar thermal field with Iberafrica Power in Nairobi

Ariya Finergy has signed a framework agreement with Absolicon to acquire and operate a robotised production line that manufactures Absolicon’s concentrating solar collector T160. The solar collectors have a 76% optical efficiency and produce heat and steam up to 160⁰ Celsius for industrial processes. The framework agreement contains requirements for [...]

Desert Heat Will Help Keep Lights On in Dubai After Sundown

One of the world’s biggest solar parks in Dubai has hired Azelio AB to turn desert heat into electricity after sundown. Azelio’s technology is being used on Phase 4, a project jointly owned by Dubai Electricity & Water Authority, Saudi Arabia’s Acwa Power and Chinese state-owned Silk Road Fund. The [...]

To Make Zero-Emissions Ammonia, US Researchers Design a Novel Solar Reactor

As a vital component of fertilizers, ammonia (NH3) is the second most-produced industrial chemical in the world. Annual production is around 180 million metric tons and almost 90% of this production goes to meet the global demand for agricultural production. Ammonia is also increasingly seen as a potential green fuel [...]

Heat storage in concentrated solar power plants

Tim Bruewer details optimal thermal management for the use of molten salt in solar thermal power plants with concentrated radiation. The demand for environmentally friendly and low-CO2 forms of energy generation has been increasing in Europe since the ‘Green Deal’ was presented by the EU Commission in 2019, defining the [...]

Concentrated solar power will dominate Neom City’s energy mix

Saudi Arabia’s futuristic Neom City will not use the cheapest sources of renewable energy, but those with the best chances of being dispatched, due to the storage potential of concentrated solar power. But several issues must be addressed to make the tech viable. Neom City is a futuristic city that [...]

ACWA Power expected to play an integral role in the development of PIF’s renewable energy program

The Public Investment Fund (“PIF”) today announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%. The investment comes as part of PIF’s strategy to support the development of the renewable energy sector within Saudi Arabia and enable the growth of national champions to become regional [...]