GlassPoint: A Solar Startup Adapts to Changing Environment

GlassPoint, a Concentrated Solar Power startup that specializes in selling solar-generated steam for industrial uses, is revamping its strategy to ensure it can better navigate future challenges. The company, along with other climate-tech ventures, is anticipating improved results due to the increased focus on carbon emissions reduction. One of the main factors that differentiate GlassPoint’s …

Fraunhofer-Led New HybridKraft Project Initiates Power Generation with Concentrated Solar Power and PV Plant

A system is to be developed in the newly launched ‘HybridKraft’ project, funded by the German Federal Ministry of Economics and Climate Protection and headed by the Fraunhofer Institute for Solar Energy Systems ISE. The hybrid combination of concentrated solar power plants, photovoltaics and storage promises cost-effective and stable electricity generation. A system is to …

Spain seeks thermal energy storage proposals by September

The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects, thermal energy storage and reversible pumped hydro to go online in 2026. The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) opened a public consultation into the grant scheme last month seeking comments on the proposal …

The Role of Concentrated Solar Power Towers in Shaping the Future of Renewable Energy

Solar power towers, a technological marvel in renewable energy, are rapidly reshaping the future of renewable energy. These towers, also known as central tower power plants or heliostat power plants, are a type of solar furnace that uses a tower to receive concentrated sunlight. As the world grapples with the urgent need to transition to …

The Worldwide Growth of Concentrated Solar Power and Thermal Energy Storage

A bright future is on the horizon for the global expansion of concentrated solar power (CSP) and thermal energy storage (TES) technologies. As the world increasingly recognizes the need for clean, renewable energy sources to combat climate change and reduce dependence on fossil fuels, CSP and TES are emerging as key players in the transition …

Exploring the Future: Solar Thermal Enhanced Oil Recovery in Oil Extraction

As the world grapples with the urgent need to transition to cleaner energy sources, the oil industry is not left behind in this quest. A groundbreaking technology, Solar Thermal Enhanced Oil Recovery (STEOR), is set to revolutionize the oil extraction process, offering a sustainable and cost-effective solution. This innovative technology harnesses the power of the …

Molten Salt Energy Storage: The Perfect Match for Concentrated Solar Power Plants

Molten salt energy storage has emerged as a promising solution for enhancing the efficiency of concentrated solar power (CSP) plants. The technology, which involves storing thermal energy in the form of heated salts, has the potential to significantly improve the reliability and cost-effectiveness of CSP plants, making it a perfect match for this renewable energy …