Developers of large-scale renewable energy projects in the Gulf Cooperation Council (GCC) must use innovative financing structures to minimize costs amid a growing demand for funding, the International Renewable Energy Agency (IRENA) said in a report on the Middle East region, published January 15. The GCC members are Saudi Arabia, [...]
Under current plans, the region will install 7 gigawatts (GW) of new power generation capacity from renewable sources by the early 2020s. Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy [...]
IRENA estimates that by 2025 the cost of electricity could fall by at least 37 % from concentrated solar power
IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly [...]
For new projects commissioned in 2017, electricity costs from renewable power generation have continued to fall significantly compared to the fossil fuels, according to a new report from the International Renewable Energy Agency (IRENA). For new projects commissioned in 2017, electricity costs from renewable power generation have continued to fall [...]
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 [...]
The research: outlines the maximum technical potential for solar photovoltaic (PV), concentrated solar power (CSP), wind power and bioenergy output in all continental African countries.
Shams 1 Concentrating Solar Power features a dry-cooling system that significantly reduces water consumption - a critical advantage in the arid desert.
The International Renewable Energy Agency (IRENA) has welcomed the activation of the world’s largest operational Concentrating Solar Power (CSP) facility to date.
The analysis covers solar energy photovoltaics (PV), concentrating solar power (CSP), wind power, hydropower and biomass for power generation.