Concentrated Solar Power

Noor Midelt winner optimizes Concentrated Solar Power trough, storage to hit record price

An EDF-led group has won the Noor Midelt I project in Morocco with an integrated parabolic trough CSP-PV design which uses multiple energy storage types in a new efficiency breakthrough, TSK, the project's EPC and technology supplier, told New Energy Update. On May 21, Morocco awarded the Noor Midelt I [...]

Visiongain Launches Report Examining the Potential in the $37.4bn Concentrated Solar Power (CSP) Market

Concentrated Solar Power (CSP) uses lenses to concentrate large area of sunlight into a small area to produce steam and heat to generate electricity. Large CSP plants consist of heat storage systems to generate electricity at night or under a cloudy sky. The four major CSP technologies comprises of parabolic [...]

2019-06-07T15:34:32+00:0007-06-2019|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: |

Irena: Concentrated Solar Power Costs Fell 46% From 2010–2018

The International Renewable Energy Agency (IRENA) has reported that energy generation and installation costs of concentrated solar power (CSP) projects fell sharply in 2018, down more than 40% from 2010. IRENA analyzed multiple financial and technical parameters related to concentrated solar power projects in its latest report Renewable Power [...]

Who play leading roles in MENA concentrated solar power market?

Represented by the projects like Dubai 950MW CSP-PV Noor Energy 1, Morocco Noor Ouarzazate 580MW CSP-PV project and the fresh Noor Midelt 800MW CSP-PV project, Middle East and North Africa (MENA) region has become a leading CSP emerging market together with China, contributing to global CSP expansion and industrialization. Looking [...]

2019-06-04T12:14:35+00:0004-06-2019|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , |

ContourGlobal closes sale of 49% stake in Spanish 250 MW Concentrated Solar Power portfolio

ContourGlobal Plc (LON:GLO) completed othe sale of a 49% stake in the 250-MW Spanish concentrated solar power (CSP) portfolio it purchased from Acciona in early 2018. The deal was closed for EUR 134 million (USD 149.9m) payable in cash. The buyer is a fund advised by Credit Suisse Energy Infrastructure [...]

The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP)

Renewable energy has become an increasingly competitive way to meet new power generation needs. This comprehensive cost study from the International Renewable Energy Agency (IRENA) highlights the latest trends for each of the main renewable power technologies. Released ahead of high-profile United Nations energy and climate discussions, Renewable Power Generation [...]

Kuwait Shagaya 50 MW Parabolic Trough Concentrated Solar Power Project

Developed by KISR, the Shagaya 50 MW Concentrated Solar Power plant is part of Kuwait First Phase of 2GW Shagaya Renewable Park and has been in full operation since February 2019. The 50 MW CSP project signed EPC contract (USD $385 million) with a consortium consisting of Spanish EPC company [...]

Morocco’s Ourazazate Noor III Concentrated Solar Power Tower Exceeds Performance Targets

The 150 MW Noor III Concentrated Solar Power tower in Morocco has exceeded performance targets on output and storage integration in the first few months of operation and financing costs for tower storage projects should fall in line with parabolic trough rates going forward, Xavier Lara, Senior Consultant at CSP [...]

Energy storage is key for the future of the concentrated solar power market

Concentrated solar power (CSP) with energy storage is an upcoming renewable technology that promises to provide cost-effective power generation with improved efficiency. Although the technology has been in existence since the 1980s, growth of CSP was hindered by a number of factors such as high cost of capital, global economic [...]

Masdar, EDF to build 800 MW hybrid concentrated solar power plant in Morocco

The Moroccan Agency for Sustainable Energy (Masen) said the project, which will have a total installed capacity of 800 MW, is the world’s first advanced hybridisation of concentrated solar power (CSP) and photovoltaic (PV) technologies. Abu Dhabi Future Energy Company (Masdar) said its consortium comprising EDF Renewables, a world [...]

Noor III Concentrated Solar Power tower seen as ‘tipping point’ for financing costs

The 150 MW Noor III Concentrated Solar Power tower in Morocco has exceeded performance targets on output and storage integration in the first few months of operation and financing costs for tower storage projects should fall in line with parabolic trough rates going forward, Xavier Lara, Senior Consultant at CSP [...]

EDF and Masdar to build 800 MW concentrated solar power – PV hybrid in Morocco

Combination of PV and concentrated solar power with storage will boost 800 MW plant's flexibility, says winning consortium. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy [...]