ACWA Power joins forces with China’s CEEC; World Bank supplies $125mn to Morocco hybrid plants

ACWA Power, China’s CEEC to study joint projects Saudi Arabia’s ACWA Power and major EPC group China Energy Engineering Corporation (CEEC) have agreed to explore joint investment opportunities in power generation and water desalination in the Middle East and Asia. A memorandum of understanding (MoU) signed by the companies June 7 will “strengthen the ties …

CSP Madrid (formerly CSP Seville)

Channels:  CSP ES CSP Tags:  csp concentrated solar power Concentrated solar solar power Event URL:  http://events.newenergyupdate.com/csp/?utm_source=Portal%20Link&utm_medium=Listi… Event Location:  Madrid Number of attendees:  300 Event Organiser:  Paul Soskin Event Organiser E-mail:  Paul@newenergyupdate.com Précis:  Develop Cost Efficient CSP, CSH and Thermal Energy Storage to Meet Grid and Industrial Demand Event Date:  Tuesday, November 13, 2018 to Wednesday, …

Morocco expects price drop for hybrid CSP plant, widens funding sources

Morocco’s renewables procurement process has been a key driver of CSP deployment in the Middle East and North Africa (MENA). Morocco has set a target of 40% of installed capacity from renewable resources by 2020, rising to 52% by 2030, equivalent to 6 GW of new capacity. Managed by Masen, the renewable program supported the …

US CSP tests to reveal hotter storage route to market viability

In May, the Department of Energy (DOE) launched its Generation 3 Concentrating Solar Power Systems (Gen3) CSP program to create cost-effective CSP plus storage designs which heat transfer fluids (HTFs) to over 700 degrees C. The DOE will provide funding to three competing research projects with the aim of lowering the cost of CSP by …

China completes first large CSP plant; US injects $21mn into solar thermal desalination

China connects first large-scale CSP plant to grid China connected the 50 MW Delingha CSP plant to the grid on June 30, the first large-scale CSP plant to come online in the country, according to media reports. The Delingha CSP plant uses parabolic trough technology and molten salt storage and has been developed by China …

Europe CSP players target post-2020 openings as scale slices costs

Europe’s installed CSP capacity is predicted to rise from 2.3 GW at the end of 2017 to 4 GW by 2030, based on current costs and market frameworks, the International Renewable Energy Agency (IRENA) said in its ‘Renewable Energy Prospects for the European Union (EU)’ report, published in February. Greater support measures could see capacity …