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Renewable electricity costs have fallen sharply over the past decade, driven by improving technologies, economies of scale, increasingly competitive supply chains and growing developer experience. Since 2010, utility-scale solar PV power has shown the sharpest cost decline at 82%, followed by concentrating solar power (CSP) at 47%, onshore wind at 39% and offshore wind at …
Continue reading “Irena: Concentrated Solar Power costs have fallen by 47%”
Among other results, the study carried out by researchers at the Center for Solar Energy Technologies of Fraunhofer Chile, shows that the optimal location to install a Concentrated Solar Power tower plant, due to costs and solar potential, is near the city. de Copiapó, with a LCOE -level energy cost- of 77 USD / MWh …
View Full Statement in PDF In early 2020, the proposal of the European Commission to launch a “Green Deal” set an ambitious double objective for the sake of European citizens’ wealth and health : increasing the European contribution to fight climate change while boosting the European economy. Within a few months, the COVID-19 crisis added a …
Continue reading “FROM GREEN DEAL TO GREEN RECOVERY: A joint initiative of the EU solar industry”
A new global Concentrated Solar Power report will help developers understand key failings at Crescent Dunes and other early plants and improve investor confidence in future projects, the US National Renewable Energy Laboratory (NREL) told New Energy Update. Crescent Dunes failings included faults in the first-of-a-kind salt storage system. As a dispute over failures at …
Continue reading “New Concentrated Solar Power report offers learnings from Crescent Dunes flop”
As one of China first batch of 20 demonstration Concentrated Solar Power (CSP) projects, Shouhang Yumen 100 MW Molten Salt Tower CSP Project is currently well prepared to start construction. Early-stage documents have been approved, and the optimization work of receiver tower design is to be completed, the tower building is supposed to be started …
This is one of the latest milestones in the construction of the solar thermal project being carried out by Acciona and Abengoa in the Atacama desert (Chile) and owned by EIG Global Energy Partners. Weighing 2,300 tons, this highly complex piece will concentrate the solar radiation projected from the 10,600 heliostats surrounding the tower. It …
Northwest Electric Power Design Institute Co., Ltd (NWEPDI) signed contract with Shouhang to be the engineer for Shouhang Yumen 100 MW Molten Salt Tower Concentrating Solar Power (CSP) Project. NWEPDI will be responsible for the survey and design work for the 100 MW Tower solar thermal project owned and developed by Shouhang High Tech. The …
CSP plants could be built at a levelized cost of energy (LCOE) of $76/MWh near the city of Copiapo in northern Chile, according to a report by researchers at Santiago’s Universidad Tecnica Federico Santa Maria and the Fraunhofer Chile Research Foundation. The researchers estimated CSP production, capital costs, operational costs and financial parameters at different …
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Following strong early performance, Supcon Solar is implementing cloud impact measures at the 50 MW Delingha Concentrated Solar Power tower to further increase output. In March, China’s Supcon Solar said it had exceeded six-month output targets at its 50 MW Delingha CSP tower plant in Qinghai Province and recorded average output «fulfilment rates» above 100% …
Continue reading “China invents anti-cloud tools at target-beating Concentrated Solar Power tower”
While COVID-19 has impacted millions of organisations around the world, ‘the world’s largest CSP’ build has maintained progress amidst challenging times. The 700 MW concentrating solar power (CSP) plant Known as project Noor Energy 1 is, “the largest single-site concentrated solar power plant in the world, using a state-of-the-art combination of a central tower and …
Continue reading “Dubai’s Concentrated Solar Power plant build continues progress amidst COVID-19”