Heliogen and Bloom Energy (NYSE: BE) today announced plans to produce green hydrogen using only concentrated solar power and water, further accelerating the world’s progress toward a zero-carbon future. By combining near 24/7 carbon-free power and steam, generated by Heliogen’s Sunlight Refinery solar power generation system, with Bloom Energy’s highly [...]
Nofar will pay NIS 580 million for the Negev Concentrated Solar Power plant, which is owned by Noy Fund (40%) and institutional investors (60%). Nofar Energy has signed a non-binding memorandum of understanding top buy 100% of the rights for the Megalim Concentrated Solar Power plant in southern Israel for [...]
A newly established Concentrated Solar Power based test rig facility at Hyderabad can help the growing solar industry in India to test capability and performance of solar thermal components like solar receiver tubes, heat transfer fluids, concentrating mirrors. For the uninitiated, Concentrated Solar Thermal (CST) technologies use mirrors to reflect [...]
CDC Group is coming to South Africa to announce a direct investment in a sustainable development project. The British government’s financial institution is providing $50 million for the construction of the Redstone Concentrated Solar Power (CSP) plant. The project is being developed by Saudi Arabian company Acwa Power. The independent [...]
In sunny regions, solar thermal power plants based on Concentrated Solar Power (CSP) and equipped with large thermal storage units provide dispatchable electricity. Together with our partners, we are conducting research to further improve materials, coatings, components, collectors and systems, so that efficiency is increased and manufacturing costs are reduced. Thus, in 2020, [...]
Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) announced that the first molten salt tank hydro test for the Parabolic Trough Plant-II (PT2) of the fourth phase of Mohammed bin Rashid Al Maktoum Solar Park was carried out on May 9, the positive results of which laid a crucial [...]
The concentrated solar power plant, built by a consortium formed by Abengoa and Acciona for EIG Global Energy Partners, has a capacity of 110 MW and is the first of its kind built in Latin America. Yesterday, June 8, the Cerro Dominador solar thermal plant was officially inaugurated. It has [...]
First CSP Plant in Latin America to Provide 100% Renewable Energy on 24-Hour Basis. Facility to Supply Chilean National Electrical System with Flexible, Reliable and Safe Energy. EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced the inauguration of [...]
SolarPACES interviewed Bernard Geldenhuys, the Senior Transactor in the Power and Infrastructure team at Investec Bank, a lender with 8,300 employees that has been closely involved in the 100 MW Redstone solar power tower since 2018, when its delayed PPA was signed with Eskom, as the first commercial bank to [...]
The 110-MW concentrated solar power (CSP) plant Cerro Dominador, located in Chile’s Atacama desert, will supply its electricity to a municipal civic centre in Greater Santiago. The Cerro Dominador company announced on Monday it had been awarded a contract in a tender process by the municipality of Lo Barnechea to [...]
Cubico Sustainable Investments (Cubico) has achieved financial close on the refinancing of the Moron and Olivenza concentrated solar power (CSP) projects in Sevilla and Badajoz, Spain. The refinancing of the projects, which were acquired in March this year as part of the Grupo T-Solar portfolio and have a capacity of [...]
Dubai Electricity and Water Authority is set to commission the world's tallest concentrated solar power (CSP) tower located within the Mohammed bin Rashid Al Maktoum Solar Park, in September. Standing tall at 262.44 m, the tower has a capacity of 100 MW in addition to 200 MW from parabolic trough. [...]
The Biden-Harris administration has signed a memorandum of intent (MOI) regarding a plan to build a solar power complex of up to 5 GW in Botswana and Namibia. According to a Monday announcement, the US government will cooperate with those of the two African nations involved, the African Development Bank, [...]
