Saudi Arabia’s wind energy, Concentrated Solar Power and PV could generate up to 750,000 jobs by 2030

The development of Saudi Arabia’s renewable energy sector could lead to the creation of up to 750,000 jobs over the next decade, as the kingdom aims to derive 7 percent of its total electricity production from wind, photovoltaic and thermosolar by 2030. Solar photovoltaic and Concentrated Solar Power will account for 77 percent of all …

Shedding some light on innovations in Concentrated Solar Power

The Sun could be the world’s largest source of electricity by 2050, ahead of fossil fuels, wind energy, hydro and nuclear. Specifically, solar thermal electricity from concentrated solar power (CSP) systems could provide over 10 % of the world’s electricity by mid-century and prevent the emission of billions of tonnes of CO2 per year. This …

South Korean Concentrated Solar Power developer predicts ‘competitive’ bid in Chile

Concentrated Solar Power newcomer Andes Green Energy will bid two 1 GW hybrid CSP-PV projects with 18 hours of storage in Chile’s power auction in December, Carlos Sanchez Vergara, the group’s General Manager, told Reuters Events. As EIG Atacama Management prepares to bring online Chile’s first Concentrated Solar Power plant, a new CSP rival is …

100 MW Concentrated Solar Power Plant (CSP) Project in Kom Ombo Aswan, Egypt

100 MW Concentrated Solar Power Plant (CSP) Project in Kom Ombo Aswan, Egypt: General Procurement Notice GENERAL PROCUREMENT NOTICE Arab Republic of Egypt 100 MW Concentrated Solar Power plant (CSP) Project at Kom Ombo- Aswan, Egypt The Government of the Arab Republic of Egypt has received funding from the Clean Technology Fund (CTF) through the …

South Korean CSP developer predicts ‘competitive’ bid in Chile

As EIG Atacama Management prepares to bring online Chile’s first CSP plant, a new CSP rival is looking to enter the market. South Korean group Andes Green Energy aims to build its first large-scale CSP plant in Chile and will bid two hybrid CSP-PV projects in Chile’s power generation auction in December. Chile’s national energy …

Crescent Dunes owner files for bankruptcy; Cyprus starts to build first CSP plant

Crescent Dunes failure leads owner to bankruptcy Tonopah Solar Energy, owner of the offline 110 MW Crescent Dunes plant in Nevada, has filed for Chapter 11 bankruptcy with the United States Bankruptcy Court in the District of Delaware, court documents show. Tonopah is owned by California’s SolarReserve, the technology supplier and developer of Crescent Dunes, …

Is Concentrated Solar Power a Trillion Dollar Opportunity?

Solar thermal can produce clean heat to run processes that cause a third of global carbon emissions. In this article, I argue that a $1 Trillion pot of gold may await the right solutions. Due to costs and other barriers, solar thermal’s present footprint on the global energy production map is negligible. Industry experts agree …

Concentrated solar power plants to produce electricity at night thanks to storage technology

Thermal energy storage (TES) systems can boost the conversion of solar thermal into electricity. They allow the efficient storage of heat during the day so that electricity production continues at night. Currently, the expansion of small and midsized concentrated solar power plants is limited because of the shortage of tailor-made TES systems. TES plays a …

Energy potential of concentrated solar power for Europe

In the light of the EU 2030 climate & energy framework, MUSTEC (Market uptake of solar thermal electricity through cooperation) aims to explore and propose concrete solutions to overcome the barriers that hinder the deployment of concentrated solar power (CSP) cooperation projects. CSP has a high potential in supplying renewable electricity on demand not only …