The 5 countries have signed today in Brussels a joint declaration that lays out their plan to facilitate cross-border trade of renewable electricity from producers to corporate consumers. At COP 22, France, Germany, Morocco, Portugal and Spain signed the SET (Sustainable Electricity Trade) Roadmap: a declaration that would eventually lead to renewable electricity exchanges between …
2018, the year in which the Concentrated Solar Power returned to shine
We say goodbye to a very important year for the Concentrated Solar Power sector that will constitute that point of support for the lever that drives the accelerated deployment of this technology worldwide (also in Spain!). This year, large commercial solar thermal projects have priced the combined cycle plants in Dubai, Australia and Chile, with …
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Fraunhofer ISE Develops Solutions for Optimized Water Use in Concentrated Solar Power Plants
Particularly in regions lacking water, innovative water saving solutions for cooling and mirror cleaning are needed to significantly reduce the water consumption of solar thermal power plants.In the MinWaterCSP project, the Fraunhofer Institute for Solar Energy Systems ISE worked together with its partners on several approaches to reduce the water consumption in CSP plants. Minimizing …
World’s largest Concentrated Solar Power plant ties tariffs to big storage to hit record price
ACWA Power’s Noor Energy 1 CSP-PV project in Dubai combines optimized 15-hour CSP storage with demand-focused tariffs and supply chain efficiency to hit the record-low price of $73/MWh, project partners told the CSP Madrid 2018 conference. Last month, Saudi Arabia’s ACWA Power and the Dubai Electricity and Water Authority (DEWA) agreed to add 250 MW …
CPECC Hami Tower Concentrated Solar Power Project to be completed in Mid 2019
Enlisted in China CSP Pilot Projects, CPECC Hami 50MW molten salt tower CSP project has been progressed well and the project installation work had been fully started last month in November after the structure of the 180m receiver tower was completed in late October. The project is developed by state-owned company China Power Engineering Consulting …
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Trading in Azelio’s share on Nasdaq First North commences today
Azelio AB (publ) (”Azelio” or the ”Company”), announces that the trading in the Company’s share on Nasdaq First North commences today under the short name “AZELIO” with ISIN SE0011973940. Prior to the listing, Azelio has completed a share issue that provided the Company with approximately 2,200 new shareholders and minimum proceeds of SEK 242 million …
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MIT develops tech to store solar power, wind energy
MIT researchers have invented a novel method to store renewable energy, such as solar energy and wind power, and deliver that energy back into an electric grid on demand. MIT engineers have come up with a conceptual design for a system to store renewable energy, such as solar and wind power, and deliver that energy …
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China 2nd Concentrated Solar Power demo to be completed on Dec.29
As the project owner Beijing Shouhang IHW Resourves Saving Co., Ltd (shorted as Shouhang) indicated, Shouhang Dunhuang 100 MW molten salt Solar Tower CSP Plant, which is among China 1st phase of 20 CSP pilot projects, is under commissioning and will be commercially operational at the end of this month on December 29th, 2018. At …
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AfDB approves $221m loan for 100 MW Redstone Concentrated Solar Power project in South Africa
The African Development Bank (AfDB) has approved a senior loan of ZAR3bn ($221m) to the 100MW Redstone Concentrated Solar Power (CSP) Project, which is expected to improve South Africa’s energy mix and accelerate the transition to renewable energy. The solar power project, located in the Humansrus Solar Park, Northern Cape Province of South Africa, is …
A CMI Solar Receiver Will Equip the World’s Tallest Concentrated Solar Power Tower in Dubai
After its commercial success in China for the design and supply of a thermal solar receiver at Haixi, CMI has just been awarded a new contract for engineering and supplying a receiver for the Mohammed bin Rashid al Maktoum solar park (Dubai). This huge concentrated solar power (CSP) project named after the Emir of Dubai, …