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Cerro Dominador, a subsidiary of EIG Partners, has just bid the 450 MW Likana tower CSP plant it procured from SolarReserve several years ago at under 4 cents/kWh. Was the record low bid enabled by cost reduction in tower CSP heliostat solar fields? To learn the current status of heliostat technology, which already has yielded …
Qinghai Government announced the winners of a total capacity of 5.3GW RE auctions today, among which 3*100MW of CSP projects, 3.5GW PV and 1.5GW Wind, slightly different from the previous RFP document, in which there are 3*100MW of CSP projects, 3.8GW PV and 1.2GW Wind. Project Allocations 3 companies and 4 consortia companies wins the …
Continue reading “Qinghai 3*100MW Concentrated Solar Power Bids Winner Announced”
With the UAE building the world’s largest solar power plant in Abu Dhabi, there probably hasn’t been a better time to invest in renewable energy. Unsurprisingly, many startups in the nation have taken advantage of this momentum in the move towards a sustainable future. With a similar vision in mind, Wahaj Investment L.L.C. -better known …
Macquarie Asset Management has closed a €43 million debt investment in a concentrated solar power plant in Spain owned by Q-Energy. The 50 MW capacity parabolic trough solar plant is located in the southern Spanish region of Andalusia. Operational since 2012, the solar plant produces enough clean electricity each year to power the equivalent of …
Cerro Dominador, a subsidiary of EIG Partners, has just bid the 450 MW Likana tower CSP plant it procured from SolarReserve several years ago at under 4 cents/kWh. Was the record low bid enabled by cost reduction in tower CSP heliostat solar fields? To learn the current status of heliostat technology, we checked with Gregor …
Continue reading “Did Heliostat Cost Cuts Help Likana Bid Concentrated Solar Power Under 4 Cents?”
The Solar Energy Generating Systems (SEGS) facility in California’s Mojave Desert retired five of its solar plants (SEGS 3 through 7) in July 2021 and plans to retire a sixth (SEGS 8) in September 2021, based on information submitted to U.S. Energy Information Administration (EIA) and published in its Preliminary Electric Generator Inventory. After SEGS …
Continue reading “World’s longest-operating solar thermal facility is retiring most of its capacity”
The Golmud Wutumeiren Multi-energy Complementary Project, which is developed and will be implemented and constructed by China Green Development Group Qinghai New Energy Company (CGDG Qinghai New Energy), was commenced today. The project is located in Wutumeiren PV&CSP Park, Golmud City, Qinghai Province, with total investment of 19.575 billion CNY (3 billion USD). The planned …
The Pit Thermal Energy Storage (PTES) market is in rapid growth and Aalborg CSP has now secured its second contract in less than 10 months. The PTES solution using Aalborg CSP’s low-cost energy storage technology is to be installed at Dronninglund Fjernvarme (Dronninglund District Heating), Denmark. The contract is an upgrade of an existing PTES …
Continue reading “Aalborg CSP secures new contract with the PTES low-cost energy storage technology”
Jinlin Province, China. An auction announcement was released by Government of Baicheng Municipal City of Jinlin Province in Sept 9th, including a total capacity of 1.4GW Renewable Energy projects, among which 800MW Wind, 400MW PV and 200MW CSP. The projects will be located in two places under Baicheng City, namely Tongyu County and Da’an City, …
Continue reading “Another 2*100MW Concentrated Solar Power announced in Northeast China”
Concentrated solar thermal power is a fascinating technology. These plants can produce power after dark, unlike standard solar photovoltaic plants. Currently, they cost too much, but some innovative companies are forging ahead. Flying across the American Southwest, brilliant points of light shine in the distant wastes of the Mojave Desert. Three glowing spots hover over …
Continue reading “Will concentrated solar thermal power dominate the energy industry?”