IEA: China Overtaking US in Concentrated Solar Power by 2023

Source: IEA: Renewables 2018 Market analysis and forecast from 2018 to 2023 With 1.9 GW coming online, China is expected to overtake the United States to have the second-largest CSP (Concentrated Solar Power) installed capacity by 2023, as global deployment nearly doubles over the next five years from today’s 5 GW. CSP is expected to grow …

Global CSP learnings report targets lower cost of finance

The U.S. National Renewable Energy Laboratory (NREL) launched October 1 a global study of best practices for CSP plant construction, start-up and operations and maintenance (O&M). The 12-month study, which is funded by the U.S. Department of Energy (DOE) and co-funded by the World Bank and the SolarPACES CSP initiative, will collect information from a …

US to fund 15 high-temperature CSP projects; Iberdrola sells CSP plant to biomass generator

US allocates $12 million to high-temperature CSP research The U.S. Department of Energy (DOE) has allocated $12 million of federal funding to 15 projects that will research high-temperature CSP components and systems, the DOE announced October 23. “These projects will develop materials and designs for collectors, power cycles, and thermal transport systems that can withstand …

CSP groups must focus on 24-hr power, heat advantage to win mining clients

Mining companies are increasingly turning towards solar and wind power contracts, attracted by falling costs and environmental targets. Miners typically use fossil fuel power generation, either on or off-grid, and they face rising carbon reduction requirements in the coming years. The quest for lower power costs will be the main driver of renewables demand from …