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 [...]

Dubai 200MW Concentrated Solar Power tower plant receives lowest bid of 9.45 cents/kWh

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 [...]

2017-06-06T15:16:35+00:00 06-06-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , , |

Concentrated Solar Power operators urged to lower cost of finance

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 [...]

2017-05-31T16:12:55+00:00 31-05-2017|Categories: BREAKING NEWS, NEWS, Top News|Tags: , , , |

China, UAE lead new wave of Concentrated Solar Power cost

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 [...]

2017-05-03T15:42:03+00:00 03-05-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Storage, Top News|Tags: , , |

Suunpower and EnergyNest enter partnership for cost reduction in Concentrated Solar Power in China

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 [...]

2017-03-08T21:06:28+00:00 08-03-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , , |

MNRE revises benchmark cost of Concentrated Solar Power technologies

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 [...]

2017-02-06T23:48:44+00:00 06-02-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , |

Morocco: Why Invest in Concentrated Solar Power?

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 [...]

Global concentrated solar power market to benefit from rising efficiencies and reducing costs

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 [...]

2016-12-27T14:57:04+00:00 08-07-2016|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , |

Concentrated Solar Power (CSP) cost forecasts undervalue benefit to future grid balancing

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 [...]