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At the end of February, Eni CEO Claudio Descalzi outlined the company’s long-term strategy for the next three decades, which set out how the business will become more sustainable and increase its focus on low carbon energy. The plan, which has a target to cut the group’s absolute lifecycle emissions by 80% over the next …
Continue reading “The Concentrated Solar Power project and the new storage system”
IMAGE@Cubico A 50 MW trough CSP project in Spain purchased by Cubico Abengoa plans to “bolt-on” novel low-cost storage to some of the first Spanish trough CSP plants, originally built with no storage Source: New Energy Update Spain’s Abengoa is looking to use low-cost PV power to support new molten salt thermal energy storage systems …
Continue reading “Spain’s First CSP to Get Novel Thermal+Electric Storage Retrofit”
IMAGE@DLR Product composition from redox processes in solar SMR and DMR in comparison with conventional methane reforming Solar fuels like hydrogen have the potential to be next generation energy carriers for a carbon-constrained world. Green hydrogen and other solar fuels could replace fossil fuels used for most transport; replacing heavy fuel oil used by container …
Continue reading “Which is the Most Efficient Way to Make Solar Fuels from Methane? ”
So, you want to build a concentrated solar power (CSP) plant. Have you developed a technical specification that clearly defines the key project requirements? Does your team have the relevant experience and knowledge to successfully deploy a solar thermal project? Have you designed your plant for the daily start-ups and transient conditions it will experience? …
Continue reading “Concentrating Solar Power Best Practices Report Is First of Its Kind”
Panda Green Energy Group plans to develop a 1,000 MW hybrid project in China that combines solar photovoltaic (PV) and solar thermal power generation with energy storage and hydrogen production. The company has entered into a memorandum of cooperation for the CNY-10-billion (USD 1.41bn/EUR 1.25bn) project with the local government of Manasi County, Xinjiang Uyghur …
Dubai saw the lifting and installation of the Molten Salt Receiver, MSR, on top of the world’s tallest solar power tower at 262.44 meters, at the largest Concentrated Solar Power project in the world. World’s Tallest Solar Power Tower (Asharq Al-Awsat Ar) This is part of the 4th phase of the Mohammed bin Rashid Al …
Continue reading “Dubai installs world’s tallest concentrated solar power tower”
Cubico Sustainable Investments said today it has achieved financial close on the refinancing of a 50-MW concentrated solar power (CSP) plant in Spain. The renewables investor, which is backed by Ontario Teachers’ Pension Plan and PSP Investments, said that this is its second green loan after earlier refinancing a 99-MW wind portfolio in Italy. Cubico …
Continue reading “Cubico refinances 50 MW concentrated solar power plant in Spain”
Danish renewable and energy storage specialist, Aalborg CSP acquires all rights and patents for unique Pit Thermal Energy Storage (PTES) technology from Arcon-Sunmark A/S. A Pit Thermal Energy Storage (PTES) is basically a water reservoir used for storing thermal energy. The reservoir is lined with a plastic lining and covered with an isolating lid. Besides …
Continue reading “Aalborg CSP acquires unique Pit Thermal Energy Storage (PTES) technology”
The Mohammed bin Rashid Al Maktoum Solar Park on Wednesday witnessed the installation of the Molten Salt Receiver (MSR) on top of the world’s tallest solar power tower at 262.44 metres. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, accompanied by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity …
Average CSP prices to fall by a half as Chile, Dubai projects near completion. The global average cost of new CSP projects is set to plummet in 2020 and 2021, based on auction and power purchase agreement (PPA) data, the International Renewable Energy Agency (IRENA) said in its latest annual Renewable Power Generation Cost report. …
Continue reading “Global Concentrated Solar Power costs dive as learnings kick in”