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China’s Shanghai Electric Group has completed the installation of the molten salt receiver (MSR) on top of the tower for the 950-MW Noor Energy 1 concentrated solar power (CSP) and photovoltaic (PV) project in Dubai. The tower-related construction was finalised in record 240 days despite needing to implement additional safety procedures due to the coronavirus …
The Spanish Association for the Promotion of the Solar Thermal Industry (Protermosolar) celebrates the publication for public consultation by the Ministry for the Ecological Transition and the Demographic Challenge of the new Economic Regime for Renewable Energies that, according to Protermosolar, simplifies the previous specific remuneration regime. For Protermosolar, one of the most attractive aspects …
Morocco is playing an important role in Africa’s energy transition with the Noor Ouarzazate solar complex, according to a June 18 report by African Development Bank (AfDB) Group. The complex, southeast of Marrakech, is the largest concentrated solar power (CSP) plant in the world and its development benefited from $485 million in AfDB funding. The …
After successfully completing its registration in the Verified Carbon Standard (VCS) program, the Cerro Dominador solar thermal power plant will be able to market carbon credits at the end of 2020, the estimated date of its launch, to continue contributing to the achievement of the Sustainable Development Goals ( SDGs) established by the United Nations. …
Continue reading “Cerro Dominador concentrated solar power plant will commercialize carbon credits”
So, you want to build a concentrated solar power (CSP) plant. Have you developed a technical specification that clearly defines the key project requirements? Does your team have the relevant experience and knowledge to successfully deploy a solar thermal project? Have you designed your plant for the daily start-ups and transient conditions it will experience? …
Continue reading “Concentrating Solar Power Best Practices Report Is First of Its Kind”
Cubico Sustainable Investments said today it has achieved financial close on the refinancing of a 50-MW concentrated solar power (CSP) plant in Spain. The renewables investor, which is backed by Ontario Teachers’ Pension Plan and PSP Investments, said that this is its second green loan after earlier refinancing a 99-MW wind portfolio in Italy. Cubico …
Continue reading “Cubico refinances 50 MW concentrated solar power plant in Spain”
The Mohammed bin Rashid Al Maktoum Solar Park on Wednesday witnessed the installation of the Molten Salt Receiver (MSR) on top of the world’s tallest solar power tower at 262.44 metres. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, accompanied by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity …
Average CSP prices to fall by a half as Chile, Dubai projects near completion. The global average cost of new CSP projects is set to plummet in 2020 and 2021, based on auction and power purchase agreement (PPA) data, the International Renewable Energy Agency (IRENA) said in its latest annual Renewable Power Generation Cost report. …
Continue reading “Global Concentrated Solar Power costs dive as learnings kick in”
Falling PV costs may have curbed Concentrated Solar Power growth, but they are also accelerating hybrid CSP-PV deployment. In Spain, CSP operators are designing new storage systems that can be retrofit to existing plants to provide dispatchable power at night. As PV and wind capacity grows, the value of storable power will rise. Spain’s Abengoa …
Continue reading “Abengoa to install first retrofit Concentrated Solar Power storage pilot”
Wind energy represented 21.9% of the electricity demand in Spain in May, concentrated solar power 3.3% and photovoltaic energy 9, 3%. 52.5% of the monthly generation was from renewable sources and 70.8% were produced from technologies that do not emit CO2 equivalent. The demand for electrical energy decreased in the Balearic Islands by 31.3% and …
Continue reading “Demand for electrical energy in Spain falls 13.1% in May”