Chile CSP developer predicts world’s lowest price in June

As developer Cerro Dominador nears completion of Latin America’s first CSP plant in Chile, the company is preparing what could be a ground-breaking bid for the CSP industry. Last month, Cerro Dominador, a subsidiary of EIG Global Energy Partners, acquired the rights to SolarReserve’s 450 MW Likana CSP project in northern Chile. Cerro Dominador is …

Bill Gates-backed CSP group hits 1,000° C; Terraform buys more Spanish CSP plants

US CSP group surpasses 1,000° C using greater reflector accuracy U.S. CSP technology start-up Heliogen has achieved temperatures exceeding 1,000° C by improving the reflectiveness of CSP tower arrays, the company announced November 19. Heliogen’s technology uses cameras and advanced computer vision software to align heliostats more accurately and increase solar efficiency. Backed by Bill …

Heliogen Is Bill Gates’ Latest Venture That Is Only Good For Oil & Gas

Bill Gates seems to love to invest in things that aren’t going to make much of a difference to climate change but that are good for the fossil fuel industry. The latest is Heliogen, a company which uses machine learning to make solar ovens hotter and more reliable. The problems are rife with the technology …

The solar thermal could fall to 45 euros / MWh in 2020 for some Concentrated Solar Power projects

Solar thermal or Concentrated Solar Power (CSP) is not just one more renewable. Its great asset is that it allows availability and dispatchability (ability to generate electricity depending on the need of the network) thanks to its thermal storage and therefore it is possible that it manages production on demand, even more if it is …

Concentrated solar power viable for industrial uses after exceeding 1,000°C

As their name suggests, concentrated solar power (CSP) systems concentrate light from the sun onto a small area, where it is converted to heat. Although this heat is sufficient for electricity generation – usually via a steam turbine – the temperatures they reach aren’t sufficient for various industrial processes. But now a California-based company says …

Cement production with Concentrated Solar Power

Microsoft co-founder Bill Gates entered the world of cement this week with a public relations blitz for Heliogen. He’s one of the backers of a new Californian technology startup looking to use concentrated solar power (CSP) to power heavy industrial processes like clinker or steel production. The company says it has concentrated solar energy commercially …

Can concentrated solar power act as energy storage? DOE wants to know more

The Department of Energy has issued a formal request for information on methods to allow concentrated solar power (CSP) to commercially deploy as cost-competitive energy storage by generating electricity through turbines running on supercritical carbon dioxide, rather than the steam-driven generators used in many existing CSP facilities. CSP has struggled to compete with photovoltaic solar …

TerraForm Power to buy 100 MW of Spanish Concentrated Solar Power

US renewable power producer TerraForm Power Inc (NASDAQ:TERP) has agreed to acquire two concentrated solar power (CSP) plants in Spain with a combined capacity of about 100 MW. A wholly-owned unit of TerraForm Power will pay a total equity purchase price of EUR 94.1 million (USD 104m) for two 49.9-MW solar thermal power facilities located …

Bill Gates Funds A Second Concentrated Solar Thermal Startup: Heliogen

IMAGE@Heliogen Building on R&D from IDEALAB, Bill Gates has now invested in his second CSP-based start-up after Malta, with Heliogen. Press Release; Singular scientific achievement takes place at Heliogen’s commercial facility in Lancaster, California PASADENA, Calif.–(BUSINESS WIRE)–Heliogen, the clean energy company that is transforming sunlight to create and replace fuels, today announced its launch and …