247SOLAR CEO Bruce Anderson to introduce next generation low-cost Concentrated Solar Power

Bruce Anderson, CEO of 247Solar Inc., will speak at the International CSP Focus 2021 Conference in Beijing, China on Friday, October 29, 2021. There he will present new modular, ultra-high temperature CSP technology that makes the unique round-the-clock benefits of Concentrated Solar Power available at costs that rival daytime-only PV. CSP has long offered unique …

Innovative heat exchanger eliminates need for combustion

247Solar Inc., a spinoff of MIT, along with microturbine supplier Capstone Turbine Corporation, today announced the successful test of a revolutionary commercial turbine that can generate electricity using hot air at atmospheric pressure, without combustion. This breakthrough is made possible by an ultra-high temperature heat exchanger with technology that has its origins at the Massachusetts Institute of Technology (MIT). The 247Solar Heat Exchanger uses a proprietary nickel-chromium-aluminum-iron alloy engineered for sustained operation at very high temperatures. For its size, the heat exchanger is the most compact and materials-efficient in …

Innovative mirrors key to next generation Concentrated Solar Power system

Great Falls, VA, USA  247Solar Inc., developer of the breakthrough 247Solar Plant, announced that it has signed a supply agreement with Chinese engineering and manufacturing firm CASEN Investment Co. (formerly DK Solar) to provide  their heliostats (solar mirrors) and associated control systems for its first operational demonstration plant, under construction in Ouarzazate, Morocco. The Plant …

247Solar modular & scalable concentrated solar power tech to be marketed to mining by ROST

ROST International Trading Ltd and 247Solar Inc have announced an exclusive agreement for ROST to market 247Solar’s modular, scalable concentrated solar power (CSP) technology to the worldwide mining industry. The 247Solar Thermal Storage System stores the sun’s energy as heat instead of electricity, eliminating the need for costly batteries, to ensure 24/7 availability. To guarantee …

Capex of modular Concentrated Solar Power plants could halve if 1 GW deployed

Soon to complete its first full-scale module in Morocco, Concentrated Solar Power developer 247Solar predicts series build gains could reduce capex to $3,000/kWe and sees advantages for industrial energy supply. Modular CSP arrays bring economies of series and siting benefits. (Image credit: 247Solar. Rendered image) Last month, 247Solar announced it will build its first fully-operational …

247Solar and Masen Ink Agreement for First Operational Next Generation Concentrated Solar Power Plant

247Solar Inc., developer of the breakthrough 247Solar Plant that operates every hour of the year, today announced that it has entered into a definitive agreement to build its first full-scale system in Ouarzazate, Morocco, in collaboration with Masen, the Moroccan Agency for Sustainable Energy. Masen is responsible for managing renewable energy in Morocco, with a …