SolarReserve eyes 40% drop in heliostat costs within three years

New heliostat designs that combine greater automation with manufacturing and installation efficiencies could be commercially available within three years, David Haas, Director of Heliostat Development at SolarReserve and Principal Investigator on the group’s HelioSR3 research project, told New Energy Update. In October, the U.S. Department of Energy (DOE) awarded SolarReserve some $2 million to develop …

SolarReserve eyes 40% drop in heliostat costs within three years

In October, the U.S. Department of Energy (DOE) awarded SolarReserve some $2 million to develop and test next generation heliostat designs through its HelioSR3 project. In total, the DOE allocated $12 million to 15 projects that will research high-temperature CSP components and systems. Over the next three years, SolarReserve will work with project partners Sandia …

Siemens to supply turbines to giant Dubai CSP plant; Saudi Arabia targets 2.7 GW CSP

Siemens to supply four turbines to 700 MW Dubai CSP project Germany’s Siemens is to provide four steam turbine generators and auxiliary equipment to ACWA Power’s 700 MW Noor Energy 1 CSP project in Dubai, the company announced January 7. The $4.4 billion Noor Energy 1 project will also incorporate a 250 MW PV plant …

Renewable Energy the Most Competitive Source of New Power Generation in GCC

Under current plans, the region will install 7 gigawatts (GW) of new power generation capacity from renewable sources by the early 2020s. Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). Abundant resources, together …

China billions of Concentrated Solar Power market is open for global CSP players

In the past year of 2018, China completed a total capacity of 215 MW concentrated solar power (CSP) projects, almost 7 times of the 30 MW capacity made before 2018. China has become the No.5 country owning the biggest CSP capacity, and the most popular emerging CSP market with Morocco by contributing 23% of the …

IRENA estimates that by 2025 the cost of electricity could fall by at least 37 % from concentrated solar power

IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly of the International Renewable Energy …

Saudi Arabia targets 2.7GW Concentrated Solar Power in 2030

The Renewable Energy Project Development Office of Saudi Arabia (REPDO) published the “Saudi Arabia’s Renewable Energy Program 2030” earlier on January 9th, the country’s renewables target for 2023 has been revised up from 9.5 GW to 27.3 GW, and that for 2030 set at 58.7 GW, of which 40GW PV, 16GW Wind and 2.7GW CSP. …

Researchers Test Solar to Cut CO2 in Cement Processing

To replace the heat used by fossil fuels in industrial processes, researchers test solar thermal reactor designs at the PROMES.testing lab at Odeillo in the French Pyranees, capable of temperatures of up to 3,000°C IMAGE @ Sascha Burkhardt Renewable energy researchers have been looking into how to cut CO2 emissions from processing industrial minerals like cement …

Cerro Dominador, the first Concentrated Solar Power plant in Chile

Cerro Dominador project is a 210MW hybrid concentrated solar power (CSP) and photovoltaic (PV) power complex under construction on a 1,000ha-site, approximately 60km away from Calama at Maria Elena in the Atacama Desert, Chile. Construction on the $1.4bn project, which consists of a 100MW PV plant and 110MW CSP plant, was started in 2014. The …

ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, a $4.3 billion project expected …