A newly established Concentrated Solar Power based test rig facility at Hyderabad can help the growing solar industry in India to test capability and performance of solar thermal components like solar receiver tubes, heat transfer fluids, concentrating mirrors. For the uninitiated, Concentrated Solar Thermal (CST) technologies use mirrors to reflect and concentrate sunlight onto a …
Heliogen and Athena Technology Acquisition Corporation announce business combination
Heliogen is combining with the SPAC Athena Technology, one of the few so-called blank-check companies led by women. Founded in 2013, Heliogen uses mirrors that are positioned with artificial intelligence to reflect sunlight at a small receiver, generating an intense heat. That sunlight can be collected and processed to generate electricity even when the sun …
Concentrated Solar Power should be considered given the need for manageable energy and storage
Mr. José Barragán is the Vice President of Renewables Technical Services at ACWA Power. Founded in 2004 in Saudi Arabia, ACWA Power is a developer, investor, and operator of power generation and desalinated water production plants and is currently present in 13 countries in the Middle East, Africa, Central Asia, and Southeast Asia. It has …
Cubico acquires 100 MW of concentrated solar power (CSP) in Spain
Cubico Sustainable Investments (Cubico) has completed the acquisition of the remaining minority shareholding of Grupo T-Solar from MEAG. The deal makes Cubico the sole owner of the entire Grupo T-Solar platform, which comprises 274MW of operational assets and a significant development pipeline across Spain and Italy. The platform’s 47 operational assets include 167MW of solar …
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Saudi Arabia is getting serious about green energy
The kingdom has high potential to capitalise on solar energy – photovoltaic technology and concentrated solar power technology – to drive its economic diversification agenda, new research from investment banking company Natixis shows. It also pointed to wind energy as a promising front as technological advancements make wind farms more economically viable. Saudi Arabia, under …
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CDC Group is investing $50 million in the Redstone Concentrated Solar Power (CSP) project in South Africa
CDC Group is coming to South Africa to announce a direct investment in a sustainable development project. The British government’s financial institution is providing $50 million for the construction of the Redstone Concentrated Solar Power (CSP) plant. The project is being developed by Saudi Arabian company Acwa Power. The independent power producer (IPP) was awarded …
Dual-tower CSP plants: optical assessment and optimization with a novel cone-tracing model
Highlights • Dual-towers are 1.5 points more optically efficient than single-towers. • Tower selection algorithm enhances the field cosine factors by 3.5 points. • Spillage losses computed with a novel cone-tracing model. • Difference with SolTrace: 0.43% (spillage) and 0.84% (shading and blocking). • Optimized heliostat fields exceed the preliminary ones by up to 5.9 …
PwC Report Claims Concentrated Solar Power is Best for Nighttime Electricity Generation in Spain
Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable …
The cost of Concentrated Solar Power declined by 16%
The cost of renewables, meanwhile, continued to fall even in 2020, despite Covid-linked disruption. The cost of electricity from utility-scale solar PV declined by 7% year-on-year, while offshore wind fell by 9%, onshore wind 13% and concentrating solar power by 16%. Solar PV and onshore wind power are now consistently cheaper than fossil fuel-powered plants, …
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Concentrated solar power might just revolutionize the energy sector as we know it
When most people think of solar power, they picture rows and rows of photovoltaic solar panels on the roof of a building. But photovoltaic power is terribly inefficient — the mining and refining of the elements required for daily human life are incredibly costly to the environment. Fortunately, there are much greener ways to harness …
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