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The Ministry for the Ecological Transition and Demographic Challenge plans to launch a third renewable auction before the end of the year. According to the Secretary of State for Energy, Sara Aagesen, this third renewable auction will go to solar thermal, biomass and other technologies. In this way, the spanish government would comply with the …
Macquarie Asset Management has closed a €43 million debt investment in a concentrated solar power plant in Spain owned by Q-Energy. The 50 MW capacity parabolic trough solar plant is located in the southern Spanish region of Andalusia. Operational since 2012, the solar plant produces enough clean electricity each year to power the equivalent of …
Flying across the American Southwest, brilliant points of light shine in the distant wastes of the Mojave Desert. Three glowing spots hover over the horizon, each surrounded by a gleaming field. These are the towers and mirrors (heliostats) of the Ivanpah generating station, one of the largest concentrated solar power plants on Earth. What is …
Continue reading “Concentrated solar power could help us achieve our clean energy goals”
The Golmud Wutumeiren Multi-energy Complementary Project, which is developed and will be implemented and constructed by China Green Development Group Qinghai New Energy Company (CGDG Qinghai New Energy), was commenced today. The project is located in Wutumeiren PV&CSP Park, Golmud City, Qinghai Province, with total investment of 19.575 billion CNY (3 billion USD). The planned …
Jinlin Province, China. An auction announcement was released by Government of Baicheng Municipal City of Jinlin Province in Sept 9th, including a total capacity of 1.4GW Renewable Energy projects, among which 800MW Wind, 400MW PV and 200MW CSP. The projects will be located in two places under Baicheng City, namely Tongyu County and Da’an City, …
Continue reading “Another 2*100MW Concentrated Solar Power announced in Northeast China”
Qinghai Province, China. A total of 5.3GW Renewable Energies auction was announced yesterday on Sept 6, among which 3*100MW of Concentrated Solar Power projects, 3.8GW PV and 1.2GW Wind. The 5.3GW auction is divided into 7 bids, including: Bid No1: 900MW PV + 100MW CSP Bid No2: 900MW PV + 100MW CSP Bid No3: 900MW …
Continue reading “3*100MW Concentrated Solar Power Auctions Announced in China”
We all know that Concentrated Solar Power development was not in a fast track in the past year. But things are going to change soon. Under the “Net Zero” goals, CSP is getting new momentum and will play a critical role in the future energy mix featuring high percentage of REs in China and …
Continue reading “Concentrated Solar Power Opportunities under China’s “Net-Zero” Ambition”
Eskom Holdings SOC Ltd., which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending 106 billion rand ($7.2 billion) on wind and solar energy by 2030. The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of the utility’s ambition to move …
Continue reading “Eskom Considers $7.2 Billion in Wind and Solar Investment by 2030”
The company announced the inauguration of the 300-MW first stage of the 900-MW Shuaa Energy 3 PSC, which is the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. Once fully operational, the park will be the largest single-site solar park in the world based on an independent power producer model, …
Continue reading “ACWA Power Takes Next Steps for Giant Solar Park”
The Biden administration says solar power could make up 40 percent of U.S. energy generation by 2035 if the nation makes “historic investments” to pump up renewable energy projects. A memo published by the Department of Energy (DOE) Tuesday details how President Biden’s proposed investments in the Bipartisan Infrastructure Deal and his Build Back Better …