cost

Sandia will compete to build a high temperature concentrated solar power pilot plant

Sandia National Laboratories will receive $10.5 million from the Department of Energy to research and design a cheaper and more efficient solar energy system. The work focuses on refining a specific type of utility-scale solar energy technology that uses mirrors to reflect and concentrate sunlight onto a receiver on [...]

Masen and Cleanergy Step up Their Joint Quest for Low Cost Concentrated Solar Power Storage

Storage of renewable energy for on-demand distribution of cost competitive and clean electricity is key for fossil-free power generation. Swedish solar technology company, Cleanergy and Masen (Moroccan Agency for Sustainable Energy) have an ongoing collaboration to address this challenge. The Masen-Cleanergy collaboration is now intensifying through new joint development agreement. [...]

South Africa urged to consider Concentrated Solar Power -PV blend to lower cost of dispatchable solar generation

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 [...]

China-backed $4bn Concentrated Solar Power project set for financial close by August

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, [...]

DEWA to tender 300-MW concentrated solar power (CSP) by the start of 2019

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, [...]

Dubai pushes concentrated solar power cost to world’s lowest

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 [...]

NREL’s Concentrated Solar Power program is the development of low-cost

Mark Mehos manages both the Thermal Sciences R&D group and the Concentrating Solar Power (CSP) Program at the National Renewable Energy Laboratory (NREL). The emphasis of NREL’s CSP program is the development of low-cost, high-performance, and high-reliability systems that use concentrated sunlight to generate power. Mark is also the [...]

2018-04-09T17:35:25+00:00 06-04-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

Dubai breaks ground on world’s biggest concentrated solar power project

Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum broke ground on the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest Concentrated Solar Power (CSP) project in the world. The start of the [...]

Dubai pushes concentrated solar power cost to world’s lowest as largest single-site solar park set to rise

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. Largest single-site CSP rated at 700MW will also have the world's tallest solar tower; ground-breaking [...]

As Concentrated Solar Power bids fall to record lows, prices seen diverging between different regions

As CSP bids keep falling, there will likely be a growing price divergence between projects in countries such as Chile and the UAE at the lower end of the scale, and the likes of the United States at the other end. Auction results suggest CSP will generate power at a [...]

2018-02-20T17:32:30+00:00 20-02-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

Competition with PV and wind energy sees Concentrated Solar Power bids fall as low as $50/MWh

The tender process favored by the likes of Chile and Dubai has done more than anything else to drive CSP prices to record lows, according to Ranjan Moulik, head of renewables at investment bank Natixis CIB. Moulik has specialized in renewables since 2003. Speaking at CSP Seville, he cited Brazil [...]

Price of Concentrated Solar Power to drop to $60/MWh by 2020, IRENA predicts

Auction results suggest that CSP will provide electricity for between $60/MWh and $100/MWh by 2020, according to the International Renewable Energy Agency’s annual report on renewable power costs. According to the report, CSP enjoys a higher learning rate – the percentage cost reduction experienced for every doubling of cumulative installed [...]

2018-01-22T16:45:59+00:00 22-01-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , , |

Tenders are a force in driving down Concentrated Solar Power prices

The tender process favored by the likes of Chile and Dubai has done more than anything else to drive CSP prices to record lows, according to Ranjan Moulik, head of renewables at investment bank Natixis CIB. Moulik has specialized in renewables since 2003. Speaking at CSP Seville, he cited [...]

2018-01-22T16:38:30+00:00 22-01-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |