2018, the year in which the Concentrated Solar Power returned to shine

We say goodbye to a very important year for the Concentrated Solar Power sector that will constitute that point of support for the lever that drives the accelerated deployment of this technology worldwide (also in Spain!). This year, large commercial solar thermal projects have priced the combined cycle plants in Dubai, Australia and Chile, with …

Fraunhofer ISE Develops Solutions for Optimized Water Use in Concentrated Solar Power Plants

Particularly in regions lacking water, innovative water saving solutions for cooling and mirror cleaning are needed to significantly reduce the water consumption of solar thermal power plants.In the MinWaterCSP project, the Fraunhofer Institute for Solar Energy Systems ISE worked together with its partners on several approaches to reduce the water consumption in CSP plants. Minimizing …

World’s largest CSP plant ties tariffs to big storage to hit record price

Last month, Saudi Arabia’s ACWA Power and the Dubai Electricity and Water Authority (DEWA) agreed to add 250 MW of PV capacity to the 700 MW Noor Energy 1 CSP project, previously known as DEWA CSP. Developed by ACWA Power, the giant $4.4 billion project sets new records on scale and cost efficiency. The project …

World’s largest Concentrated Solar Power plant ties tariffs to big storage to hit record price

ACWA Power’s Noor Energy 1 CSP-PV project in Dubai combines optimized 15-hour CSP storage with demand-focused tariffs and supply chain efficiency to hit the record-low price of $73/MWh, project partners told the CSP Madrid 2018 conference. Last month, Saudi Arabia’s ACWA Power and the Dubai Electricity and Water Authority (DEWA) agreed to add 250 MW …

ContourGlobal sells 49% stake in Spanish CSP plants; Africa’s AfDB agrees $212mn loan for Redstone CSP

ContourGlobal sells 49% stake in 250 MW Spanish CSP capacity ContourGlobal has agreed to sell 49% of 250 MW of Spanish CSP assets to a fund advised by Credit Suisse Energy Infrastructure Partners (CSEIP), ContourGlobal announced December 6. ContourGlobal purchased the five 50 MW assets from Spain’s Acciona earlier this year. The plants are situated …

CPECC Hami Tower Concentrated Solar Power Project to be completed in Mid 2019

Enlisted in China CSP Pilot Projects, CPECC Hami 50MW molten salt tower CSP project has been progressed well and the project installation work had been fully started last month in November after the structure of the 180m receiver tower was completed in late October. The project is developed by state-owned company China Power Engineering Consulting …

Trading in Azelio’s share on Nasdaq First North commences today

Azelio AB (publ) (”Azelio” or the ”Company”), announces that the trading in the Company’s share on Nasdaq First North commences today under the short name “AZELIO” with ISIN SE0011973940. Prior to the listing, Azelio has completed a share issue that provided the Company with approximately 2,200 new shareholders and minimum proceeds of SEK 242 million …

Huge desert solar initiative to make Africa a renewables power-house

Solar projects stretching across the Sahel region are expected to connect 250m people with electricity by tapping into the region’s abundant solar resource. The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week. Energy poverty in Africa is …

China 2nd Concentrated Solar Power demo to be completed on Dec.29

As the project owner Beijing Shouhang IHW Resourves Saving Co., Ltd (shorted as Shouhang) indicated, Shouhang Dunhuang 100 MW molten salt Solar Tower CSP Plant, which is among China 1st phase of 20 CSP pilot projects, is under commissioning and will be commercially operational at the end of this month on December 29th, 2018. At …