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Last month, Saudi Arabia’s ACWA Power signed an Engineering, Procurement, and Construction (EPC) contract with Shanghai Electric, a major Chinese power company, to install its 700 MW DEWA CSP project in Dubai. The 700 MW dual-technology CSP project, awarded by the Dubai Electricity and Water Authority (DEWA) in September 2017, sets a new industry record …
Continue reading “China-backed $4bn CSP project set for financial close by August”
ACWA, Shanghai Electric sign Dubai EPC agreement ACWA Power and the Dubai Electricity and Water Authority (DEWA) have signed an agreement with Shanghai Electric Generation Group (SEGC) that will see SEGC conduct engineering, procurement and construction at the 700 MW CSP project in Dubai. The 700 MW CSP project is the fourth phase of the …
ACWA Power, China’s CEEC to study joint projects Saudi Arabia’s ACWA Power and major EPC group China Energy Engineering Corporation (CEEC) have agreed to explore joint investment opportunities in power generation and water desalination in the Middle East and Asia. A memorandum of understanding (MoU) signed by the companies June 7 will “strengthen the ties …
Channels: CSP ES CSP Tags: csp concentrated solar power Concentrated solar solar power Event URL: http://events.newenergyupdate.com/csp/?utm_source=Portal%20Link&utm_medium=Listi… Event Location: Madrid Number of attendees: 300 Event Organiser: Paul Soskin Event Organiser E-mail: Paul@newenergyupdate.com Précis: Develop Cost Efficient CSP, CSH and Thermal Energy Storage to Meet Grid and Industrial Demand Event Date: Tuesday, November 13, 2018 to Wednesday, …
Morocco’s renewables procurement process has been a key driver of CSP deployment in the Middle East and North Africa (MENA). Morocco has set a target of 40% of installed capacity from renewable resources by 2020, rising to 52% by 2030, equivalent to 6 GW of new capacity. Managed by Masen, the renewable program supported the …
Continue reading “Morocco expects price drop for hybrid CSP plant, widens funding sources”
In May, the Department of Energy (DOE) launched its Generation 3 Concentrating Solar Power Systems (Gen3) CSP program to create cost-effective CSP plus storage designs which heat transfer fluids (HTFs) to over 700 degrees C. The DOE will provide funding to three competing research projects with the aim of lowering the cost of CSP by …
Continue reading “US CSP tests to reveal hotter storage route to market viability”
China connects first large-scale CSP plant to grid China connected the 50 MW Delingha CSP plant to the grid on June 30, the first large-scale CSP plant to come online in the country, according to media reports. The Delingha CSP plant uses parabolic trough technology and molten salt storage and has been developed by China …
Europe’s installed CSP capacity is predicted to rise from 2.3 GW at the end of 2017 to 4 GW by 2030, based on current costs and market frameworks, the International Renewable Energy Agency (IRENA) said in its ‘Renewable Energy Prospects for the European Union (EU)’ report, published in February. Greater support measures could see capacity …
Continue reading “Europe CSP players target post-2020 openings as scale slices costs”
The Solar Thermal Energy Research Group (STERG) at Stellenbosch University has received international recognition for their research excellence and standing within the concentrating solar power (CSP) community. STERG has as a consortium member been selected to receive a $2,0 million award from the United States of America (U.S.) Department of Energy Solar Energy Technologies Office …
China Silk Road fund to acquire 24% of giant 700 MW Dubai project China’s Silk Road fund is to acquire 24% of ACWA Power’s 700 MW DEWA CSP plant in Dubai, the developer announced July 22. The Silk Road fund invests in a range of sectors under China’s Belt and Road initiative, which expands China’s …