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TSK has agreed to sell its solar power plants in operation in Spain to Q-Energy, Qualitas Equity’s renewable asset fund manager. The company chaired by Sabino García Vallina has thus transferred a part of its subsidiary Esersa, for which a year ago it explored the possibility of going public. Specifically, it has transferred its stakes …
Continue reading “TSK sells its La Africana concentrated solar power plant to the Q-Energy fund”
The signing of an agreement between Namibia and Botswana to construct a mega solar photovoltaic project is imminent, Namibian Minister for Mines and Energy Tom Alweendo has shared. A full feasibility study will then follow to determine the location and size of the project setting in motion construction plans for the 5 GW solar project. …
The contract with Saesa will have a duration of eight years, began to operate on August 1, 2020 and will run until December 31, 2028. This is for up to 600 GWh/year, equivalent to 60% of the capacity of one of the concentrated solar power towers. One of the most iconic projects in the region, …
The development of Saudi Arabia’s renewable energy sector could lead to the creation of up to 750,000 jobs over the next decade, as the kingdom aims to derive 7 percent of its total electricity production from wind, photovoltaic and thermosolar by 2030. Solar photovoltaic and Concentrated Solar Power will account for 77 percent of all …
The Sun could be the world’s largest source of electricity by 2050, ahead of fossil fuels, wind energy, hydro and nuclear. Specifically, solar thermal electricity from concentrated solar power (CSP) systems could provide over 10 % of the world’s electricity by mid-century and prevent the emission of billions of tonnes of CO2 per year. This …
Continue reading “Shedding some light on innovations in Concentrated Solar Power”
Concentrated Solar Power newcomer Andes Green Energy will bid two 1 GW hybrid CSP-PV projects with 18 hours of storage in Chile’s power auction in December, Carlos Sanchez Vergara, the group’s General Manager, told Reuters Events. As EIG Atacama Management prepares to bring online Chile’s first Concentrated Solar Power plant, a new CSP rival is …
100 MW Concentrated Solar Power Plant (CSP) Project in Kom Ombo Aswan, Egypt: General Procurement Notice GENERAL PROCUREMENT NOTICE Arab Republic of Egypt 100 MW Concentrated Solar Power plant (CSP) Project at Kom Ombo- Aswan, Egypt The Government of the Arab Republic of Egypt has received funding from the Clean Technology Fund (CTF) through the …
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Solar thermal can produce clean heat to run processes that cause a third of global carbon emissions. In this article, I argue that a $1 Trillion pot of gold may await the right solutions. Due to costs and other barriers, solar thermal’s present footprint on the global energy production map is negligible. Industry experts agree …
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Thermal energy storage (TES) systems can boost the conversion of solar thermal into electricity. They allow the efficient storage of heat during the day so that electricity production continues at night. Currently, the expansion of small and midsized concentrated solar power plants is limited because of the shortage of tailor-made TES systems. TES plays a …
In the light of the EU 2030 climate & energy framework, MUSTEC (Market uptake of solar thermal electricity through cooperation) aims to explore and propose concrete solutions to overcome the barriers that hinder the deployment of concentrated solar power (CSP) cooperation projects. CSP has a high potential in supplying renewable electricity on demand not only …
Continue reading “Energy potential of concentrated solar power for Europe”