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The cost of Concentrated Solar Power declined by 16%

The cost of renewables, meanwhile, continued to fall even in 2020, despite Covid-linked disruption. The cost of electricity from utility-scale solar PV declined by 7% year-on-year, while offshore wind fell by 9%, onshore wind 13% and concentrating solar power by 16%. Solar PV and onshore wind power are now consistently cheaper than fossil fuel-powered plants, …

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“Solar Power Around the Clock” report released by the German Association for Concentrated Solar Power (DCSP)

Since 2013, the German Association for Concentrated Solar Power has been committed to the generation and use of electricity, heat and fuels from concentrated solar technologies. Its members cover the entire CSP value chain. This ranges from project development and planning, engineering services, component supply and system integration to the ownership and operation of solar …

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