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Libyan consortium plans to develop 300 MW in CSP-PV projects Libya’s Misurata Free Zone (MFZ) has signed a memorandum of understanding with consultancy iQ Power to develop integrated CSP and PV projects with up to 300 MW total capacity. MFZ, the first free trade zone established on Libyan territory, has shown its desire to develop …
Continue reading “Libya plans 300 MW in CSP-PV projects; Global CSP firms eye Australian projects”
If O&M costs decrease by 20%, the internal rate of return of solar tower, parabolic trough, and linear Fresnel plants will increase from 12.33%, 11.72% and 11.43 to 13.41%, 12.79%, and 12.49% respectively, according to one of the studies, a cost-benefit analysis of CSP in China authored by Zhenyu Zhao and Weishang Guo of North …
Continue reading “New CSP research shows how O&M cost savings begin in planning phase”
EU CSP capacity to reach as high as 5 GW by 2030 The European Union’s total CSP capacity could reach as high as 5 GW by the year 2030 if all the pieces fall into place, a study by the International Renewable Energy Agency (IRENA) has found. Spain’s first CSP plant went into operation in …