Azelio AB (publ) (”Azelio” or the ”Company”), a technology company that offers a system of Stirling engine-based concentrated solar power with thermal energy storage that enables electricity production around the clock, announces today its intention to list the Company’s shares on Nasdaq First North and to raise capital through an issue of new shares, in …
Electrifying the Deserts of Africa
During last week’s Unlocking Solar Capital Africa conference, Solarplaza (www.Solarplaza.com) unveiled ‘The Solar Future: Deserts of Africa’, a new platform aimed at exploring the opportunities that accompany solar PV development in Africa’s deserts. This new two-day event will be hosted in Dakar, Senegal on 13-14 March 2019. “At Solarplaza, we want to facilitate the solar …
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 …
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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 …
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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, …
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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, …
Wide-scale deployment of CSP molten salt towers to begin by 2020
Molten nitrate and potassium salts are used for energy storage in many CSP tower plants, but the 110 MW Crescent Dunes plant in Nevada and 20 MW Gemasolar plant in southern Spain are the only commercial tower plants to use molten salt as a heat transfer fluid (HTF) as well as for storage. These two …
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