Concentrated Solar Power

China’s Silk Road Fund to invest in Dubai Concentrated Solar Power project

China’s Silk Road Fund has acquire a 24.01% equity interest in the 700MW DEWA concentrated solar power (CSP) project in Dubai. The DEWA CSP project, which was awarded to an ACWA Power led consortium in 2017, is the 4th phase of the Mohamed bin Rashid Solar Park, the largest single-site [...]

2018-07-22T21:34:07+00:00 22-07-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: |

China Invests Heavily in Concentrated Solar Power

China’s power system operators must invest in renewable energy to meet climate commitments. The cheapest options are wind power and PV, but they deliver power only when it’s sunny or windy. Their more expensive alternative, Concentrated Solar Power, can store its solar energy relatively inexpensively, also for long durations, and [...]

2018-07-21T17:58:52+00:00 21-07-2018|Categories: BREAKING NEWS, NEWS, Top News|Tags: , |

Concentrated solar power will help China cut costs of climate action, study finds

Solar thermal energy turns out to be the key to China meeting its climate commitments. A new study investigates the best combination of renewables for providing the lowest cost to power system operators in two of China’s provinces best suited to scale up renewable energy. China’s power systems operators must [...]

US high-temperature Concentrated Solar Power developers eye commercial exports in 2020s

The Department of Energy’s (DOE) Gen3 CSP program, launched in May, will see Brayton Energy, the National Renewable Energy Laboratory (NREL) and Sandia Laboratories compete for a $25 million grant to build an integrated high-temperature system demonstrator. The three companies will develop and test their cost-effective CSP plus storage designs [...]

2018-07-18T18:15:56+00:00 18-07-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: |

China Shouhang Dunhuang 100 MW molten salt Concentrated Solar Power Plant

Beijing Shouhang IHW Resourves Saving Co., Ltd (shorted as Shouhang) recently reported on the progress of its Shouhang Dunhuang 100 MW molten salt Solar Tower CSP Plant, which is among China 1st phase of 20 CSP pilot projects, and expected to be the second to be completed after the first [...]

2018-07-18T09:59:38+00:00 18-07-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Storage, Top News|Tags: , , |

Concentrated Solar Power Will Help China Cut Costs of Climate Action

Solar thermal energy turns out to be the key to China meeting its climate commitments. A new study investigates the best combination of renewables for providing the lowest cost to power system operators in two of China’s provinces best suited to scale up renewable energy. China’s power systems operators [...]

2018-07-19T15:47:54+00:00 18-07-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , |

ACWA Power Inks Deal To 100 MW Concentrated Solar Power Plant In South Africa

ACWA Power signed an agreement with Central Energy Fund of South Africa to develop a 100MW Redstone concentrated solar power (CSP) plant in the country’s Northern Cape Province. The 100MW power project, which is set to start construction this year, will supply power to 210,000 South African homes even during [...]

Aalborg CSP among the Australian Clean Energy Council Award finalists

Danish renewable energy specialist, Aalborg CSP A/S, is among the top four finalists competing for the prestigious Clean Energy Council’s Innovation Award 2018. The company has been shortlisted for the development of Australia’s first concentrated solar power (CSP) facility that supports desert-farming operations. This ground-breaking plant in Port Augusta demonstrates [...]

CDPQ Provides CA$150-million in Financing to ContourGlobal’s Concentrated Solar Power Asset Purchase

La Caisse de dépôt et placement du Québec ("CPDQ"), a leading global institutional investor, today announced that it provided CA$150 million (€100 million) in financing to support the acquisition by ContourGlobal Mirror 2 S.à.r.l. ("ContourGlobal") of a portfolio of concentrated solar power ("CSP") assets in Spain. ContourGlobal is a growth platform [...]

Abengoa, Acciona to start work on 110-MW Concentrated Solar Power project in Chile

A consortium formed by Spanish groups Abengoa SA (BME:ABG) and Acciona SA (BME:ANA) has signed the contract to complete the construction of the 110-MW Cerro Dominador concentrated solar power (CSP) plant in Chile, Abengoa said today. The plant, which is owned by Cerro Dominador, which in turn is owned by [...]

Saudi Arabia SEC starts operating 50 MW through the concentrated solar power (CSP) in Waad Al-Shamal

The Saudi Electricity Company (SEC) has started operating a combined cycle power plant in the Waad Al-Shamal Mining City, located south of Turaif in the Northern Border Region. The plant, costing over SR3.75 billion, has a total capacity of 1,390 megawatt (MW) electricity, of which 50 MW will come [...]

Concentrated Solar Power Would Save 10.9 Gigatons of Carbon by 2050

Concentrated Solar Power (CSP) places #25 on Drawdown’s list of climate solutions. Scaling up CSP to 4.3% of global electricity production by 2050 would avoid 10.9 gigatons of carbon dioxide. While implementation costs of CSP are high, at US$1.3 trillion, net savings by 2050 could total $414 billion, with lifetime savings of $1.2 [...]

2018-07-09T23:23:43+00:00 09-07-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: |