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Azelio signs a Memorandum of Understanding (MOU) with the Pakistani company JD Aviation for reliable and sustainable electricity supply in Pakistan. The MOU is a first step in introducing the technology to the market in Pakistan. A market characterized by an unreliable electricity grid and good solar conditions, where long-term energy storage with cost-effective electricity …
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Once the effects of the calendar and the temperatures have been corrected, the peninsular demand of the month has been 4.5% lower than the same month of the previous year. 43.5% of the peninsular generation was renewable energy (wind energy 24.2%, solar thermal 2.4% and photovoltaic 3.9%) and 70.9% did not emit CO2. Generation structure …
Continue reading “The concentrated solar power generated 2.4% of electricity in March in Spain”
Saudi Arabia is embracing a new, more efficient way to harness solar power for electricity, inspired by its role as the main developer in one of the world’s largest renewable energy projects, the Mohammed bin Rashid Al-Maktoum Solar Park in Dubai. Concentrated solar power (CSP), which makes up a large part of the project, has …
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Vast Solar recently announced plans to build a 50 MW CSP-PV plant in New South Wales, Australia, which includes 30 MW of CSP capacity and 10 hours of molten salt energy storage capacity. The A$240 million Reference Plant project represents the first large-scale deployment of Vast Solar’s innovative CSP plant design, which features multiple small …
Continue reading “CSP mini tower developer predicts costs below $50/MWh”
Record-breaking Dubai CSP project completes financing Dubai Electricity Water Authority (DEWA), Saudi Arabia’s ACWA Power and China’s Silk Road Fund have reached financial closure on the 950 MW Noor Energy 1 CSP-PV project in Dubai, the partners announced March 24. The $4.4 billion Noor Energy 1 project is the world’s largest single CSP project and …