Glasspoint closes $20 million solar fund for global industrial heat

DUBAI, January 26, 2026 — GlassPoint, the leader in solar industrial process heat, today announced it has closed a $20M funding round led by N.I.S. New Investment Solutions, a Liechtenstein-based asset management firm, with participation from returning investor MIG Capital. The investment will advance existing megaprojects with Searles Valley Minerals in California and Ma’aden in Saudi Arabia, …

Ranga Pitchumani – we’ve just started scratching the surface of Gen3 CSP

In a video call from the US, SolarPACES caught up with Ranga Pitchumani, Editor-in-Chief of Solar Energy, a leading journal in the field. Dr. Pitchumani was the Chief Scientist at the U.S. Department of Energy (DOE), SunShot Initiative, Founding Director of its Concentrating Solar Power (CSP) program, and Director of the Initiative’s Systems (Grid) Integration program. …

12 concentrated solar and thermal energy storage tenders in China last month

According to incomplete statistics from CSPPLAZA, a total of 12 important tenders across 11 CSP/molten salt thermal storage-related projects were completed in December 2025. December 2025 saw significant progress in both concentrated solar power (CSP) and molten salt thermal storage, with key milestones reached in multiple major projects: In the CSP sector, EPC contractors were …

Published at Solar Energy – Damage modeling of power tower receiver tubes using the SRLIFE tool

Abstract: Concentrating Solar Power (CSP) molten-salt central receivers are subject to high, transient incident flux during daily operation. The resulting creep-fatigue damage impacts the receiver’s reliability and restricts the permissible incident flux distribution for a given receiver. This paper aims to reduce CSP plants’ levelized cost of electricity by developing a methodology to predict lifetime …

Published at Applied Thermal Engineering – Modelling of flow regimes in tubular concentrating direct absorption solar collectors

Abstract: Direct absorption solar collectors have gained attention in the last decades as a promising solution to enhance the performance of conventional thermal collectors. In this concept, the heat transfer fluid absorbs the concentrated radiation volumetrically, which optical properties can be enhanced by dispersing nanoparticles. While several works have reported the benefits of volumetrically absorbing …

Stored solar heat gets an algorithm to ensure a steady supply

A new paper from researchers at PROMES-CNRS in France presents a control strategy to reliably deliver a precise thermal power from concentrated solar to meet industrial heat requirements. The objective was to design a proof-of-concept algorithm for operating a concentrated solar plant, but one intended primarily to deliver heat, and deliver it from thermal energy …

China targets 15 GW of CSP in next Five-Year Plan – Official Document

Three Gorges Renewables 100 MW Tower CSP in Golmud, Qinghai [Tower CSP predominates in China, and is typically 100 MW, so 15 GW would mean 150 CSP projects] BEIJING, Dec. 23 (Xinhua) — China unveiled a policy roadmap on Tuesday to accelerate solar thermal power development, targeting around 15 gigawatts (GW) of installed capacity by …

Postdoc in Optimized thermal technologies for industrial decarbonization at KTH

Accepting the SolarPACES Technology Innovation Award 2025 for the Innovative High-Temperature Air-Based Integrated CST for Flexible Renewable Heat are Pok Wan Kwang and Gediz Karaca from ODQA, with Rafael Guedez, Silvia Trevisan and Konstantinos Apostolopoulos-Kalkavouras from KTH School of Industrial Engineering and Management at KTH Job description To achieve decarbonization of the industrial sector, technically …