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As the world looks to Germany as a shining example of how to shift away from polluting coal power, a Queensland-based nuclear expert says solar thermal power is the way forward for Australia. Paul Wilson, a nuclear engineer with almost five decades’ experience, told ABC Radio Brisbane’s Steve Austin he was disappointed Australia was not …
Continue reading “Concentrated Solar Power the way forward for is Australia despite hiccups”
Released in 2010, The Zero Carbon Australia 2020 Stationary Energy Plan (ZCA2020) — a joint collaboration between Beyond Zero Emissions and the University of Melbourne Energy Research Institute — set out to demonstrate that Australia’s economy could be powered by renewable energy within a decade. The first report of its kind in the world, it …
Continue reading “How Australia could have already transitioned to 100% renewable energy”
Port Augusta’s failed solar thermal project has been revived by a South Australian company with big plans for the ill-fated Aurora site. Thermal energy storage company 1414 Degrees is set to acquire SolarReserve Australia, which owns the Aurora Solar Energy Project near Port Augusta and two solar sites in New South Wales. NEW LIFE: 1414 …
Continue reading “New hope for Port Augusta’s failed SolarReserve Concentrated Solar Power project”
Modular Concentrated Solar Power developer Vast Solar sees Australia’s mining sector as the greatest deployment opportunity before wind and PV growth creates wholesale market openings, Craig Wood, CEO of Vast Solar, told New Energy Update. Concentrated Solar Power with storage can meet mining operators’ demand needs. Vast Solar’s quest to build Australia’s first large-scale CSP …
Australian concentrated solar power (CSP) company Vast Solar has finalised a capital hike to progress development of its 30-MW solar thermal power reference plant. Vast Solar did not disclose how much it raised through the capital increase but mentioned that it gained further support from existing investors. In February, it said it was looking to …
Continue reading “Vast Solar closes capital raise to finance Concentrated Solar Power project”
Australia still has a promising solar thermal technology future despite a major Concentrated Solar Power (CSP) project in South Australia failing because of financing issues. Energy expert Simon Currie says the emerging CSP industry can overcome the collapse of SolarReserve’s $650 million Aurora project near Port Augusta. Solar thermal technology is perfect for Australian conditions, …
SolarReserve has failed to secure in time funds for its 150-MW Aurora concentrated solar power (CSP) plant project in South Australia so it plans to sell it to a third party. The announcement was made by the South Australian government on Friday as a confirmation that the project will not go ahead under SolarReserve’s control. …
Australian CSP developer Vast Solar is seeking A$75 million ($53.1 million) of financing for a A$240 million hybrid CSP-PV plant in New South Wales, according to reports. Vast Solar is planning to build a 50 MW plant consisting of 30 MW of modular CSP tower capacity with 10 hours of molten salt energy storage capacity, …
Australian concentrated solar power (CSP) specialist Vast Solar plans to develop a hybrid project that comprises a 30 MW CSP facility with 10 hours of storage and a 20 MW PV plant, and to make this happen it needs to secure $75 million. The company said it was already working with ASX-listed financial services firm …
Australia possesses one of the highest Direct Normal Irradiation (DNI) resources in the world. It’s expected that by the end of 2018 there will be 1.8GW of cumulative solar capacity available compared to less than 200MW in 2012. What is more, the ability to store and dispatch is key to the country. The MENA CSP …
Continue reading “Webinar about Concentrated Solar Power in Australia”