Long-duration Thermal Energy Storage Startup Azelio Wins First Commercial Order

Inauguration for Azelio’s first grid-scale project, after installation was completed in Morocco a few months ago. IMAGE@ Azelio Swedish startup Azelio will see its long-duration Thermal Energy Storage (TES) technology used at the Mohammed bin Rashid Al Maktoum Solar Complex (MBR) in Dubai, UAE. Recycled aluminium alloy is used as a phase change material to …

Should Australia invest in Concentrated Solar Power rather than gas power?

Recently NSW announced that a gas power plant would be classed as critical infrastructure to speed up the planning process. This follows the Morrison government’s policy that gas power is needed to transition away from coal to renewables, but that policy has met with criticism from those advocating a steady reduction in CO2 emissions. What …

Is concessional finance key to Concentrated Solar Power in 2021?

It’s hard to finance large infrastructure projects in many parts of the world. Banks and other traditional financiers often shy away from making big commitments in developing markets or those with perceived risks such as exchange rate volatility or political instability. In such places, getting large projects off the ground often requires concessional finance: loans …

TEXEL Explores US Market for 2-Cent Thermal Energy Storage in Metal Hydrides

TEXEL thermal energy storage  IMAGE@TEXEL TEXEL has a developed a form of thermal energy storage charged by electric heat to provide grid power and energy storage and plans to manufacture the technology in the US. The Swedish company began as a Concentrated Solar Power (CSP) firm (How CSP works) which has subsequently focused on standalone …

Botswana Launches PV and Concentrated Solar Power Generation Plan

Government has developed a plan for reliable, safe and affordable electricity supply in Botswana. Launching the Integrated Resource Plan (IRP) on December 15, Minister of Mineral Resources, Green Technology and Energy Security Mr Lefoko Moagi said the intension was to achieve an energy generation mix of at least 15 per cent renewable energy by 2030 …

ACWA Power achieves first refinancing transaction in South Africa renewables sector

The ACWA Power Solafrica Bokpoort Concentrated Solar Power (CSP) plant, one of the major drivers of renewable energy in South Africa, has achieved another significant first, having announced the largest infrastructure refinancing initiative to be implemented in the country. Project financiers, led by Investec Bank, have concluded the first refinancing transaction for Bokpoort CSP, in …

Conferencia CSP4Climate

Two years following the successful organization of the 1st CSP4Climate conference, the need to take immediate action to address the most important global challenge of our times, Climate Change, is more urgent than ever. The adverse effects of climate change are getting more pronounced, especially in the Mediterranean basin. It is therefore time to analyze …

Absolicon, Ariya Fingery plan solar thermal field with Iberafrica Power in Nairobi

Ariya Finergy has signed a framework agreement with Absolicon to acquire and operate a robotised production line that manufactures Absolicon’s concentrating solar collector T160. The solar collectors have a 76% optical efficiency and produce heat and steam up to 160⁰ Celsius for industrial processes. The framework agreement contains requirements for each time period. Ariya has …

Desert Heat Will Help Keep Lights On in Dubai After Sundown

One of the world’s biggest solar parks in Dubai has hired Azelio AB to turn desert heat into electricity after sundown. Azelio’s technology is being used on Phase 4, a project jointly owned by Dubai Electricity & Water Authority, Saudi Arabia’s Acwa Power and Chinese state-owned Silk Road Fund. The Swedish company will provide energy …