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Renewable electricity costs have fallen sharply over the past decade, driven by improving technologies, economies of scale, increasingly competitive supply chains and growing developer experience. Since 2010, utility-scale solar PV power has shown the sharpest cost decline at 82%, followed by concentrating solar power (CSP) at 47%, onshore wind at 39% and offshore wind at …
Continue reading “Irena: Concentrated Solar Power costs have fallen by 47%”
Among other results, the study carried out by researchers at the Center for Solar Energy Technologies of Fraunhofer Chile, shows that the optimal location to install a Concentrated Solar Power tower plant, due to costs and solar potential, is near the city. de Copiapó, with a LCOE -level energy cost- of 77 USD / MWh …
View Full Statement in PDF In early 2020, the proposal of the European Commission to launch a “Green Deal” set an ambitious double objective for the sake of European citizens’ wealth and health : increasing the European contribution to fight climate change while boosting the European economy. Within a few months, the COVID-19 crisis added a …
Continue reading “FROM GREEN DEAL TO GREEN RECOVERY: A joint initiative of the EU solar industry”
ESTELA welcomes and supports the endeavour of the European Commission bringing together the Green Deal and the Recovery Plan. This initiative of the Commission constitutes a strong action framework impacting the depth and pace of the decarbonisation of the electricity, industry, and transport sectors. The European Solar Industry is ready to support it towards the …
A new global Concentrated Solar Power report will help developers understand key failings at Crescent Dunes and other early plants and improve investor confidence in future projects, the US National Renewable Energy Laboratory (NREL) told New Energy Update. Crescent Dunes failings included faults in the first-of-a-kind salt storage system. As a dispute over failures at …
Continue reading “New Concentrated Solar Power report offers learnings from Crescent Dunes flop”
The Swedish Energy Agency has made a EUR-800,000 (USD 877,000) grant to Absolicon Solar Collector AB for what the latter says will be Europe’s largest solar thermal field for district heating with small concentrated parabolic troughs. Absolicon’s founder Joakim Byström. Photographer: Lars Wahlström The project in question will be realised at a site in the …
Continue reading “Absolicon gets grant for solar thermal plant in Sweden”
Homeowners and businesses in Cyprus showed growing interest in solar thermal technology over the last two years. Collector area additions on the island increased by 5 % in 2018 and by 24 % in 2019 after a small decline in 2017. The growth in collector capacity was the result of an overall good economy and …
This is one of the latest milestones in the construction of the solar thermal project being carried out by Acciona and Abengoa in the Atacama desert (Chile) and owned by EIG Global Energy Partners. Weighing 2,300 tons, this highly complex piece will concentrate the solar radiation projected from the 10,600 heliostats surrounding the tower. It …
Researchers at the Indian Institute of Technology-Madras (IIT-M) have developed a low cost Solar ‘Parabolic Trough Collector’ (PTC) system for concentrating solar energy with industrial applications in areas such as desalination, space heating and space cooling, among others. This indigenously designed and developed system was lightweight with high energy efficiency under Indian various climatic and …
The Coalition for Energy Efficient Comminution (CEEC), a global non-profit funded by mining companies, have partnered with the University of Adelaide’s Institute for Mineral and Energy Resources (IMER) to trial the use of solar thermal energy to enhance comminution. Comminution is the process by which solid materials are reduced to smaller average particle size by …