IRENA

Concentrated Solar Power costs are expected to fall by 79% by 2022

Concentrating Solar Power costs have already plummeted by 47% compared to 2010. It is likely that costs will continue their downward trajectory thanks to economies of scale, deployment in locations with better solar resources and lower costs of capital, according to a study by the International Renewable Energy Agency [...]

Concentrated Solar Power Quietly Makes a Comeback

CSP’s costs are dropping as the market gains steam in the Middle East and China. Can this once-promising technology regain its mojo? Concentrated solar power (CSP), a renewable energy technology that has more or less dropped off the radar in the U.S., is quietly becoming [...]

Irena: Concentrated Solar Power Costs Fell 46% From 2010–2018

The International Renewable Energy Agency (IRENA) has reported that energy generation and installation costs of concentrated solar power (CSP) projects fell sharply in 2018, down more than 40% from 2010. IRENA analyzed multiple financial and technical parameters related to concentrated solar power projects in its latest report Renewable Power [...]

The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP)

Renewable energy has become an increasingly competitive way to meet new power generation needs. This comprehensive cost study from the International Renewable Energy Agency (IRENA) highlights the latest trends for each of the main renewable power technologies. Released ahead of high-profile United Nations energy and climate discussions, Renewable Power Generation [...]

IRENA: Middle East Voncentrated Solar Power cost reductions require creative financing

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, [...]

Renewable Energy the Most Competitive Source of New Power Generation in GCC

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 [...]

IRENA Director-General Visits World’s Largest Concentrated Solar Power Site in Morocco

Mr. Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA), congratulated His Majesty, King Mohammed VI of Morocco for his country’s remarkable progress in the pursuit of renewable energy, during a recent visit. Mr. Amin was in Tangiers to attend the 19th Throne Day reception – marking [...]

2018-08-22T09:54:38+00:0021-08-2018|Categorías: Sin categoría|Etiquetas: , , , , , , |

Concentrated Solar Power capacity reaches 4.95 GW in 2017

Global CSP capacity hit 4.95 GW at the end of 2017, according to the International Renewable Energy Agency’s annual report on global renewables capacity. The 100 MW Xina plant in Pofadder, South Africa was the only CSP plant to begin commercial operations in 2017, marking the slowest year for [...]

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+00:0022-01-2018|Categorías: BREAKING NEWS, NEWS, Sin categoría, Top News|Etiquetas: , , , , |

Concentrated Solar Power (CSP) costs continue to fall: IRENA

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 [...]

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+00:0018-07-2017|Categorías: BREAKING NEWS, NEWS, Sin categoría, Top News|Etiquetas: , , |

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 [...]