Capex of modular Concentrated Solar Power plants could halve if 1 GW deployed

Soon to complete its first full-scale module in Morocco, Concentrated Solar Power developer 247Solar predicts series build gains could reduce capex to $3,000/kWe and sees advantages for industrial energy supply. Modular CSP arrays bring economies of series and siting benefits. (Image credit: 247Solar. Rendered image) Last month, 247Solar announced it will build its first fully-operational …

Shanghai Electric Exhibits Concentrated Solar Power Breakthrough

Shanghai Electric Group, a leading multinational power generation and electrical equipment manufacturing conglomerate, delivered a new wave of smart, connected and green integrated solutions and technological breakthroughs to the 24th World Energy Congress (WEC) held in Abu Dhabi, United Arab Emirates. Shanghai Electric Exhibits Breakthrough Smart Energy Technologies at 24th World Energy Congress Recognised as …

World Forum unveils Botswana-Namibia CSP plan; Israel completes 121 MW trough plant

Botswana, Namibia CSP build gains traction The World Economic Forum, the International Organization for Public-Private Cooperation, has proposed a new mega-solar expansion plan in Botswana and Namibia that could provide over 4.5 GW of solar capacity to customers in southern and eastern Africa. The plan, which has received the backing of Botswana and Namibia government …

How Risk Mitigation Finance Can Cut Concentrated Solar Power Costs

Cutting risk in financing will be the next key to further cut Concentrated Solar Power (CSP) costs, according to the author of Non-recourse project financing for concentrated solar thermal power  published in the journal Utilities Policy. Dr. Steven Geroe teaches Energy and Environmental Law and Contract Law at Melbourne’s La Trobe Law School, and became …