cost

LCOE of $50/MWh can be achieved next year in the Concentrated Solar Power

The benchmark levelized cost of electricity (LCOE) for global CSP projects will fall below $50/MWh in 2018, two of the industry’s leading consultants predicted at CSP Seville 2017. ACWA's 700 MW Dubai Project, which combines tower and trough technologies, will deliver $73/MWh LCOE from direct normal irradiance (DNI) of about [...]

2017-11-27T00:47:17+00:00 27-11-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Storage, Top News|Tags: , , , |

Path to Competitive Concentrated Solar Power (CSP)

Researchers at national labs and companies are exploring ways to make concentrated solar power more efficient and affordable, all of which require turning up the heat. A 200-foot tower stands centered in front of a field of rotating mirrors on the southern edge of Albuquerque, New Mexico. It’s the [...]

All MENA Concentrated Solar Power Now 7 Cents or Under

ACWA Power’s latest record-low contract signed with DEWA at just over 7 cents per kWh is no outlier, according to CEO Paddy Padmanathan. CSP is a thermal form of solar that typically includes thermal storage in a power block so that it can generate power at any time, not [...]

Concentrated Solar Power heliostat innovations set to deliver big cost reductions

Concentrated solar power is still in an early-enough stage of maturity that even small breakthroughs in the design and operation of heliostats can slash associated electricity costs. Heliostats typically account for one-third to one-half of the initial capital cost of a new CSP field. Therefore, it is no surprise [...]

2017-11-03T01:26:07+00:00 02-11-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

SolarReserve Bids Concentrated Solar Power Under 5 Cents in Chilean Auction

SolarReserve this month issued bids in Chile’s latest auction for 24-hour solar under 5 cents per kWh, according to CEO Kevin Smith in a release posted on twitter, Saturday. Irradiation levels in the Atacama Desert in northern Chile are “off the charts,” Smith added. “That obviously helps.” SolarReserve is [...]

SolarReserve realise 6 Cents Concentrated Solar Power

According to Kevin Smith, the CEO of California-based SolarReserve; the company that is first to sell CSP at 6 cents/kWh, the record-low CSP price was largely due to their receiver and heliostat research. The 150 MW Aurora CSP project will sell power day or night to the South Australian Government [...]

Collector Design Could Bring Concentrated Solar Power Costs to Record Lows

Just when it looked like concentrated solar power (CSP) couldn’t get cheaper, a U.S.-based startup says it's found a way of cutting heliostat costs by a third. Skysun, of Bay Village, Ohio, is aiming to achieve the cost reduction by tying multiple heliostats -- the mirrors that reflect sunlight onto [...]

2017-10-02T13:00:56+00:00 02-10-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , , |

Dispatchable Solar Concentrated Solar Power Broke Price Records in 2017

Dispatchable solar; the kind of solar that can operate on demand at any time day or night saw prices tumble to astonishing new lows in 2017. From a starting point of 31 cents per kWh in 2006 – this year, four new bids broke low price records culminating in 6 [...]

2017-09-24T14:08:08+00:00 22-09-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , |

Sandia Labs R&D Helped SolarReserve hit low price record of 6 cents for concentrated solar power

According to Kevin Smith, the CEO of SolarReserve; the company that is first to sell CSP at 6 cents/kWh, the record-low CSP price was largely due to their receiver and heliostat research. The 150 MW Aurora CSP project will sell power day or night to the South Australian Government at [...]

MENA/Chile: Concentrated Solar Power Benchmark Costs

A tender for 94.5 USD/MWhel in Dubai and an R&D initiative called SunShot in the United States have shown how the cost of concentrated solar power (CSP) could be lowered at a steady pace thanks to economies of scale and optimised manufacturing and operation. Though the solar power market [...]

A Word with Michael Taylor, Senior Analyst, Renewable Cost Status and Outlook, IRENA

  Michael Taylor Senior Analyst, Renewable Cost Status and Outlook at IRENA   Interview by Carlos Márquez   Q. I’m sure that you have seen in the news that the lowest bid for the 200 MW CSP plant in Dubai came at 9.45 US cents per kWh. Is this [...]

2017-07-20T03:24:49+00:00 18-07-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , |

Record-Breaking Cost Reduction for Concentrated Solar Power Generation

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 [...]