The Dubai Electricity and Water Authority (DEWA) announced on 4 June the prices offered from four consortia for the 200-MW fourth phase of the Mohammed bin Rashid Al Maktoum solar park. The lowest bid for the Solar Thermal Electricity (STE) project came in at 9.45 US cents/kWh (approx. 8.4 [...]
Dubai 200 MW Concentrated Solar Power (CSP) tower project, as The Dubai Electricity and Water Authority (DEWA) announced, received bids from four consortiums yesterday on June 5. The project witnessed the lowest price of USD 9.45 cents/kWh, which was submitted by ACWA consortium, nearly 40% below the previous world-record [...]
Developers must supplement lower capex costs with improved plant performance in the ramp-up years to lower risk margins harming the competitiveness of CSP plants, industry experts told New Energy Update. The high capital expenditure (capex) cost of CSP plants and limited installed capacity leads to higher financing costs than [...]
Improved technology and installation practices are driving down CSP costs and rapid expansion in China and the United Arab Emirates (UAE) will accelerate cost reductions in the coming years, experts said at the MENA New Energy 2017 conference on April 25-26. The CSP industry faces increasing competition from PV [...]
Taking a leading role in shaping China’s energy systems, Suunpower has a successful track record in various power generation as well as industrial energy efficiency projects. Now focusing on EPC activities for Concentrated Solar Power (CSP) projects within China’s ambitious 5-year plan, Suunpower is deeply engaged in the execution of [...]
The Ministry of New and Renewable Energy (MNRE), proposes an upward revision of the benchmark cost of Concentrating Solar Thermal (CST) Technologies Programme. The initiative is taken with the aim to promote energy efficiency. The benchmark cost will be related to the performance efficiency in design and manufacturing of [...]
New technologies are often caught in a bind. Their true value only emerges once people begin to use them, but until they have a proven track record few are willing to try. Breaking out of that bind and establishing a track record requires someone with vision – who can both [...]
The global concentrated solar power market is the focus of analysis of a recent market research report published by Transparency Market Research. The study states that the market will exhibit a momentous 19.4% CAGR over 2014 through 2020 in terms of value, while in terms of volume, the market is [...]
Concentrated Solar Power (CSP) generation costs could drop to $77/MWh by 2025 but storage and hybrid solar plants can provide further value by following load, Jose Alfonso Nebrera, Director of Spanish engineering firm ACS SCE, said at the MENASOL 2016 conference on May 26. Global renewable energy expansion is reducing [...]
Locating a Concentrated Solar Power plant with a solar irradiance of 2,700 kWh/m2 would decrease the generation cost by 25% compared with the same CSP plant with 2,100 kWh/m2.
Concentrated Solar Power (CSP) set to take a big role in the future energy mix, and huge price falls are coming. Just one question - how to reduce CSP's thirst for water?
This is the question many Concentrated Solar Power (CSP) industry players have been asking and it seems it could have a positive answer.
Concentrated Solar Power (CSP) technology providers need to improve system efficiency and reduce costs to compete with flat-panel PV.