Chile, 17 hours of storage with Concentrated Solar Power

In the Atacama Desert, the driest in the world located in northern Chile, the only Concentrated Solar Power tower in Latin America operates, a symbol of an energy revolution in the making against climate change. Aerial view of Cerro Dominador, the first concentrated solar power plant in Latin America, in Antofagasta, Chile. The imposing 240-meter …

Vast and Nabors Energy Transition Corp. Announce Closing of Business Combination, Establishing Public Concentrated Solar Power Company

Vast Renewables Limited (“Vast” or the “Company”), a renewable energy company specialising in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat, today announced the completion of its business combination (the “Business Combination”) with Nabors Energy Transition Corp. (“NETC”), an affiliate of Nabors Industries Ltd. (“Nabors”) (NYSE: NBR). …

Techno-economic assessment of concentrated solar power generation in Saudi Arabia

Saudi Arabia plans to shift a large portion of its domestic energy production away from fossil fuel towards solar energy by 2030. Yet, the solar energy pool is mainly targeting photovoltaic technology. This study analyzes the potential of cleaner energy production from solar energy using concentrated solar power technology. First, different locations for concentrated solar …

COP28 delegates praise the Mohammed bin Rashid Al Maktoum Concentrated Solar Power Park and DEWA’s sustainability efforts

Dubai Electricity and Water Authority (DEWA) organised field visits for 217 participants in COP28 to the Mohammed bin Rashid Al Maktoum Solar Park. Most of the visitors were from outside the UAE. The visits, which were organised during COP28, included the Innovation Centre and the 4th phase of the solar park. The guests praised the …

Gonghe 50 MW Molten Salt Tower Concentrated Solar Power Plant Break the Record

As of November 30th, the POWERCHINA Gonghe 50 MW Molten Salt Tower CSP Plant, constructed with the participation of Cosin Solar, achieved a new monthly power generation record of 12.222GWh in November since its commissioning. The operational records indicate that the plant’s theoretical power generation for the month was 12.2352GWh, while the actual power generation …

GlassPoint Unveils Technology Advancements Reducing Solar Steam Costs by 30%

GlassPoint, the leader in decarbonizing industrial process heat, today unveiled a range of technology advances that drive a 30% reduction in the cost of solar steam. In addition, the company revealed a new Unify storage system which uses direct heat and ternary molten salts to provide around-the-clock steam for industry, eliminating the need for costly …

Sun, mirrors and steam: Meet the company rapidly decarbonizing the $444 billion industrial heat market

When thinking about renewable energy, most people conjure visions of solar panels on rooftops or elegant white wind turbines, few imagine the humble greenhouse. And yet, a greenhouse with a twist is key to a groundbreaking solution in bringing net-zero to the tough-to-disrupt industrial heat sector. Industrial heat is the world’s largest end-use of energy …

India’s renewables tender in Q1, 2024 carves out 50% for oncentrated Solar Power

In the first quarter of 2024, India plans to put out a tender for renewable energy that includes not just a carve-out, but the largest ever, requiring over 50% to be supplied by Concentrated Solar Power (CSP), the thermal form of solar electricity. There is renewed policy interest in CSP as a longer-duration source of …