Libya plans 300 MW in CSP-PV projects; Global CSP firms eye Australian projects

Libyan consortium plans to develop 300 MW in CSP-PV projects Libya’s Misurata Free Zone (MFZ) has signed a memorandum of understanding with consultancy iQ Power to develop integrated CSP and PV projects with up to 300 MW total capacity. MFZ, the first free trade zone established on Libyan territory, has shown its desire to develop …

New CSP research shows how O&M cost savings begin in planning phase

If O&M costs decrease by 20%, the internal rate of return of solar tower, parabolic trough, and linear Fresnel plants will increase from 12.33%, 11.72% and 11.43 to 13.41%, 12.79%, and 12.49% respectively, according to one of the studies, a cost-benefit analysis of CSP in China authored by Zhenyu Zhao and Weishang Guo of North …

European CSP capacity to reach as high as 5 GW by 2030; Acciona sells Spanish plants for $1.34 billion

EU CSP capacity to reach as high as 5 GW by 2030 The European Union’s total CSP capacity could reach as high as 5 GW by the year 2030 if all the pieces fall into place, a study by the International Renewable Energy Agency (IRENA) has found. Spain’s first CSP plant went into operation in …

Noor Ouarzazate III central receiver concentrated solar power plant with storage completes its reliability test

The consortium formed by SENER and SEPCO III has completed the reliability test for the 150-MW Noor Ouarzazate III concentrated solar power plant. It is one more step in the start-up of the facility, which is nearing commercial operation and final delivery to the client. With this reliability test, which ran for ten straight days, …

Reduction of water consumption in Concentrated Solar Power plants

Saving water when the sun shines! MinWaterCSP cordially invites you to its second and final International Conference on the “Reduction of water consumption in CSP plants”. The conference will conclude its three years of efforts to promote the competitiveness of CSP plants in arid regions. Following on the success of its first Conference in Marrakech, …

CSP capex costs fall by almost half as developers shift towards China and Middle East

New Energy Update’s latest analysis of 16 CSP projects with investment decisions since 2016 shows that capital expenditures (capex) were between $3,910/kW and $6,355/kW. Energy storage capacities range from six to 16 hours. In comparison, the capex of plants installed from 2013 to 2015 ranged from $6,050/kW to 12,600/kW, for plants with four to eight …

Global CSP capacity reaches 4.95 GW; South Africa’s Redstone CSP project signs PPA after two-year delay

Global CSP capacity reached almost 5 GW at end of 2017 Global CSP capacity hit 4.95 GW at the end of 2017, according to the International Renewable Energy Agency’s annual report on global renewables capacity. The 100 MW Xina plant in Pofadder, South Africa was the only CSP plant to begin commercial operations in 2017, …

The impact of concentrated solar power in electric power systems in Chile

This paper presents a study about the impacts of the integration of concentrated solar power (CSP) with thermal energy storage (TES) in electric power systems. The main tool for this study is a comprehensive long-term power system capacity expansion planning model that integrates a specific module to represent the operation of CSP-TES power plants. The …

Abengoa Dubai contract valued at $650mn; US to inject $72mn into high-temperature designs

Abengoa’s Dubai supply contract valued at around $650 million Abengoa’s contract to supply three 200 MW parabolic trough plants to the 700 MW DEWA CSP project in Dubai is valued at approximately $650 million, the Spanish company said in a statement May 9. Last month, Saudi Arabia’s ACWA Power signed an Engineering, Procurement, and Construction …