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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 …
Continue reading “World’s largest CSP 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 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 …
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 …
Continue reading “CPECC Hami Tower Concentrated Solar Power Project to be completed in Mid 2019”
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 …
Continue reading “Trading in Azelio’s share on Nasdaq First North commences today”
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 …
Continue reading “Huge desert solar initiative to make Africa a renewables power-house”
MIT researchers have invented a novel method to store renewable energy, such as solar energy and wind power, and deliver that energy back into an electric grid on demand. MIT engineers have come up with a conceptual design for a system to store renewable energy, such as solar and wind power, and deliver that energy …
Continue reading “MIT develops tech to store solar power, wind energy”
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 …
Continue reading “China 2nd Concentrated Solar Power demo to be completed on Dec.29”
SENER’s Ilanga-1 100 MW CSP with 5 hours of storage certified to start in South Africa IMAGE@-SENER.jpg Ilanga-1 has been certified to initiate commercial operation of its day-into-night solar CSP facility, now that construction, commissioning and testing is complete Press Release: Johannesburg (South Africa), 5 December 2018 – SENER, global engineering and technology group, together …
Continue reading “South Africa OKs Start-up of SENER’s Day-to-Night Solar Thermal Energy: Ilanga-1”
The African Development Bank (AfDB) has approved a senior loan of ZAR3bn ($221m) to the 100MW Redstone Concentrated Solar Power (CSP) Project, which is expected to improve South Africa’s energy mix and accelerate the transition to renewable energy. The solar power project, located in the Humansrus Solar Park, Northern Cape Province of South Africa, is …