ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, a $4.3 billion project expected …

Siemens provides four steam turbines to Concentrated Solar Power plant in Dubai

Four steam turbines will help generate 700 megawatts of clean electricity. High-efficiency and rapid-start turbines support CSP (Concentrated Solar Power) operations. As part of its ongoing support to the Dubai Clean Energy Strategy 2050 and its role as a premier partner to Expo 2020 Dubai, Siemens will provide four steam turbine generator sets and auxiliary …

China concentrated solar power pilot projects’ development

The year of 2018 witnessed the rapid growth of concentrated solar power (CSP) industry in China. Three demonstration CSP projects with the total capacity of 200MW were completed and connected to the grid, arming China with 3 large-scale commercial CSP plants in operation in one year: CGN Delingha 50MW Parabolic Trough CSP project—June 30th Shouhang …