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Macquarie Asset Management has today announced a €90 million debt investment in a portfolio of concentrated solar power (CSP) plants in southern Spain. The 120 MW capacity portfolio is comprised of the 20 MW Gemasolar tower plant, the world’s first solar plant to achieve 24-hour operations, and two 50 MW parabolic trough solar parks, Valle …
A DLR short study on solar thermal power plants summarises the current technological status, requirements and possibilities. Solar thermal power plants open the way for the production of controllable energy from renewable sources. The technology is about to be rolled out and has enormous potential. DLR has many years of experience and expertise in …
Continue reading “Concentrated solar power produces heat, electricity and fuel”
In sunny regions, solar thermal power plants based on Concentrated Solar Power (CSP) and equipped with large thermal storage units provide dispatchable electricity. Together with our partners, we are conducting research to further improve materials, coatings, components, collectors and systems, so that efficiency is increased and manufacturing costs are reduced. Thus, in 2020, Fraunhofer ISE presented a calibration and …
Continue reading “Concentrated Solar Power (CSP) and Industrial Processes”
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA will add 600 megawatts (MW) of clean energy capacity using photovoltaic solar panels and Concentrated Solar Power (CSP) during 2021. This will increase DEWA’s total power capacity from clean energy to 1,613 MW compared to 1,013 MW …
Shanghai Electric (“Shanghai Electric” or “the Company”) (601727.SS and 02727.HK) announced that the first molten salt tank hydro test for the Parabolic Trough Plant-II (PT2) of the fourth phase of Mohammed bin Rashid Al Maktoum Solar Park was carried out on May 9, the positive results of which laid a crucial foundation for the next phase …
The concentrated solar power plant, built by a consortium formed by Abengoa and Acciona for EIG Global Energy Partners, has a capacity of 110 MW and is the first of its kind built in Latin America. Yesterday, June 8, the Cerro Dominador solar thermal plant was officially inaugurated. It has been built by a consortium …
Continue reading “Cerro Dominador solar thermal plant inaugurated in Chile”
First CSP Plant in Latin America to Provide 100% Renewable Energy on 24-Hour Basis. Facility to Supply Chilean National Electrical System with Flexible, Reliable and Safe Energy. EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced the inauguration of the Cerro Dominador solar complex …
AGL Energy interim chief executive Graeme Hunt says an innovative solar thermal project envisaged for the Liddell site in NSW is an example of the repurposing of baseload coal sites expected at its PrimeCo business as it gradually pivots towards lower-carbon energy. AGL and partner RayGen have begun construction of a $27 million project involving …
Continue reading “AGL plots solar thermal storage future for Liddell”
SolarPACES interviewed Bernard Geldenhuys, the Senior Transactor in the Power and Infrastructure team at Investec Bank, a lender with 8,300 employees that has been closely involved in the 100 MW Redstone solar power tower since 2018, when its delayed PPA was signed with Eskom, as the first commercial bank to support the transaction, providing senior …
A report issued by the Ministry of Electricity, Water and Renewable Energy revealed a plan that includes the establishment of eight future plants to produce 17,300 megawatts to ensure the country’s needs of electricity and water in the face of the “Kuwait 2035” Vision and the increasing demand, which is expected to reach 30,000 megawatts …
Continue reading “Kuwait’s MEW plans eight power plants to produce 17,300 MW of electricity”