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This is an annual prize, awarded within the framework of the CSPPlaza 2019 conference, which recognizes companies that have made major breakthroughs in Concentrated Solar Power technological innovation and application over the past year. The company was awarded thanks to the results obtained in a new type of parabolic trough collector, developed by Abengoa and …
Continue reading “Abengoa receives in China the CSP Technology Innovation Award 2019”
UAE’s solar power footprint is expanding in a dramatic way- Here’s how and why. Built at the cost of almost $900 million, the Noor Abu Dhabi solar plant contains 3.2 million solar panels and will produce 1.17 gigawatts of power. The Dubai’s Mohammed bin Rashid Al Maktoum Solar Park is currently in phase III, will …
China has an ambitious proposal for a global HVDC grid to transfer renewable energy throughout the world. Interconnected regional electricity networks would be connected to a backbone of HVDC lines that would become a globe-spanning super grid by 2050. Advancing the idea is China’s Global Energy Interconnection Development and Cooperation Organization (GEIDO). The concept depends on …
Continue reading “Could China’s Global Grid Idea Help Grow Concentrated Solar Power?”
2019 at the European hub for the global solar thermal industry: 2018 demonstrated a decline in Concentrated Solar Power costs (26% reduction) and a rise in capacity factors (up to 45%). With intermittent renewable penetration growing in global grid systems, now is the time to secure your company’s future in the marketplace for clean dispatchable …
Continue reading “CSP Madrid 2019 | 19-20 November 2019 | Hotel NH Madrid Ventas”
Solar thermal power has set a record for electricity generation, surpassing 2,801 GWh in the first half of 2019, which represents a generation volume 19.3% higher than the historical average, according to the REE data collected by Protermosolar, the Spanish Association for the Promotion of the Solar Thermal Industry, which indicates that Concentrated Solar Power …
Renewable energies generated 38.4% of electricity until June in Spain: wind energy 21.4%, solar thermal 2.2% and photovoltaic 3.5%. In June, wind power accounted for 15.6%, concentrated solar power for 3.9% and photovoltaic for 4.3%. Wind turbines generated 27,229 GWh of electricity in the first half of the year (21.4% of the national total) and …
Continue reading “The Concentrated Solar Power generated 3.9% of electricity in Spain in June”
China’s Silk Road Fund has purchased a 49% stake in ACWA Power Renewable Energy (ACWA Power RenewCo), the Saudi Arabian group announced June 23. ACWA Power is a leading solar and wind developer in the Middle East and North Africa (MENA) and the dominant developer of CSP plants in the region. ACWA Power RenewCo owns …
Continue reading “China’s Silk Road Fund acquires 49% of ACWA Power Renewable Energy”
Kuwait has expanded its 2030 renewables target at the Shagaya renewable energy complex to 4 GW but Concentrated Solar Power developers will have to wait until a third phase of development, due online in 2025-26, to secure projects, Osamah Alsayegh, Executive Director of Energy & Building Research Center at KISR, told New Energy Update. In …
Continue reading “Kuwait eyes up to 400 MW of Concentrated Solar Power”
The Biscay-based company LOINTEK, a manufacturer of large, high-tech industrial equipment adapted to the unique needs of its clients, has been awarded a disused industrial property by public tender. The site belongs to Biscay Council and was previously owned by Mecánica de la Peña, whose current facilities are adjacent to it. The venture entails an …
Continue reading “LOINTEK expands its Urduliz plant with three new industrial units”
Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology …
Continue reading “China To Dominate Concentrated Solar Power Revival in Long Term”