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CSP developers predict rising wind and solar capacity will open up new opportunities to provide flexible power generation and overnight supply. Wind and solar capacity has soared on the back of falling technology costs, but the higher the penetration, the smaller the incremental benefits to the grid. At the same time, Western countries and others …
Continue reading “China market study confirms CSP value in high wind, solar markets”
Spanish power group Iberdrola has agreed to sell its 90% share of the 50 MW Ibersol plant in Spain to Ence Energia at a price of 72.3 million euros ($82.3 million), Iberdrola announced October 18. Ence is Spain’s leading biomass power generator with an installed capacity of around 220 MW. The Ibersol plant uses parabolic …
Continue reading “Spain’s Iberdrola sells 50 MW Concentrated Solar Power plant”
The U.S. Department of Energy (DOE) has allocated $12 million of federal funding to 15 projects that will research high-temperature CSP components and systems, the DOE announced October 23. “These projects will develop materials and designs for collectors, power cycles, and thermal transport systems that can withstand temperatures greater than 700 degrees Celsius (C) while …
Continue reading “US allocates $12 million to high-temperature Concentrated Solar Power research”
U.S. researchers are seeking data from over half of global CSP projects to help lower financing costs that are hampering competitiveness, Mark Mehos, Program Manager, CSP at the National Renewable Energy Laboratory (NREL), told New Energy Update. The U.S. National Renewable Energy Laboratory (NREL) launched October 1 a global study of best practices for CSP …
Continue reading “Concentrated Solar Power learnings report targets lower cost of finance”
A New Paper Describes a Solar Thermal Air Capture of Carbon Dioxide with Amino Acids A solar field of parabolic troughs like these would provide the solar heat required for the chemical process described in a new paper from ORNL: Direct air capture of CO2 via aqueous-phase absorption and crystalline-phase release using concentrated solar power Concentrated …
Source: IEA: Renewables 2018 Market analysis and forecast from 2018 to 2023 With 1.9 GW coming online, China is expected to overtake the United States to have the second-largest CSP (Concentrated Solar Power) installed capacity by 2023, as global deployment nearly doubles over the next five years from today’s 5 GW. CSP is expected to grow …
Continue reading “IEA: China Overtaking US in Concentrated Solar Power by 2023”
The U.S. National Renewable Energy Laboratory (NREL) launched October 1 a global study of best practices for CSP plant construction, start-up and operations and maintenance (O&M). The 12-month study, which is funded by the U.S. Department of Energy (DOE) and co-funded by the World Bank and the SolarPACES CSP initiative, will collect information from a …
Continue reading “Global CSP learnings report targets lower cost of finance”
US allocates $12 million to high-temperature CSP research The U.S. Department of Energy (DOE) has allocated $12 million of federal funding to 15 projects that will research high-temperature CSP components and systems, the DOE announced October 23. “These projects will develop materials and designs for collectors, power cycles, and thermal transport systems that can withstand …
Mining companies are increasingly turning towards solar and wind power contracts, attracted by falling costs and environmental targets. Miners typically use fossil fuel power generation, either on or off-grid, and they face rising carbon reduction requirements in the coming years. The quest for lower power costs will be the main driver of renewables demand from …
Continue reading “CSP groups must focus on 24-hr power, heat advantage to win mining clients”
The European Bank for Reconstruction and Development, or EBRD, plans to finance an ambitious bioenergy program in Ukraine next year, EBRD officials said in Kyiv on Oct. 16. Sergiy Maslichenko, Associate Director for Energy Efficiency and Climate Change for the EBRD in Ukraine, said the bank was preparing to finance 10 or 15 projects with …
Continue reading “EBRD plans to invest 80 million euros into Ukrainian bioenergy”