How a Bank Resurrected SolarReserve’s Redstone CSP with ACWA Power

SolarReserve / ACWA Power Redstone 100 MW Power Tower CSP IMAGE@SolarReserve SolarPACES interviewed Bernard Geldenhuys, the Senior Transactor in the Power and Infrastructure team at Investec Bank, a lender with 8,300 employees that has been closely involved in the 100 MW Redstone solar power tower since 2018, when its delayed PPA was signed with Eskom, …

Kuwait’s MEW plans eight power plants to produce 17,300 MW of electricity

A report issued by the Ministry of Electricity, Water and Renewable Energy revealed a plan that includes the establishment of eight future plants to produce 17,300 megawatts to ensure the country’s needs of electricity and water in the face of the “Kuwait 2035” Vision and the increasing demand, which is expected to reach 30,000 megawatts …

RIOGLASS SUN2HEAT SYSTEM ACHIEVES RECORD BREAKING PERFORMANCE

Rioglass, the world leader in the development, production, and marketing of premium receiver tubes and concentrating mirrors for the Solar Thermal Energy market, is proud to announce its process heat system Sun2Heat® achieved a Record Breaking Optical Peak Efficiency of 74.6% for a Linear Fresnel Collector. Data extracted from page 14 of CENER’s Report nº: …

Fastest Solar Hydrogen is for the Copper Market

IMAGE@DLR Sulfuric acid splitting solar reactor The fastest route to commercializing solar hydrogen could be by supplying hydrogen, oxygen and heat for Australia’s copper mining industry with solar thermochemistry, Christian Sattler told this reporter for SolarPACES recently. With his experience heading solar fuels research at Germany’s solar research center at DLR, Sattler sees a synergistic …

Chile Considers Converting 30 Coal Plants into “Carnot” Batteries

  IMAGE@Wikiwand A very simplified schematic of the essential idea of a “Carnot” Battery  By 2050 Chile plans to be carbon neutral. A crucial part of that goal is the decarbonisation of its energy mix. To do this, all coal-fired power plants will stop operating by 2040. To deliver maximum benefit, two additional challenges must be met: …

Cerro Dominador Concentrated Solar Power plant inks power contract with Santiago municipality

The 110-MW concentrated solar power (CSP) plant Cerro Dominador, located in Chile’s Atacama desert, will supply its electricity to a municipal civic centre in Greater Santiago. The Cerro Dominador company announced on Monday it had been awarded a contract in a tender process by the municipality of Lo Barnechea to supply power to the offices …

ACWA Power Set to Bid in South Africa’s Next Renewable Auction

ACWA Power plans to bid in South Africa’s next green electricity auction. Interest from the Saudi-based company, which has made South Africa’s largest renewable energy investment, in the fifth bid window is a positive sign for the nation that’s had lengthy delays in a process to procure green power generation. South Africa is also struggling …

Aalborg CSP improves bankability of Thermal Storage technology with certificate from Lloyd’s Register for unique lid technology

The world’s cheapest and most scalable energy storage technology has reached an important milestone as solutions for a reliable operation for at least 25 years and other key design requirements has now been certified by an independent third party. Danish renewable and energy storage specialist, Aalborg CSP has received the certificate for the unique Pit …

Cubico closes green refinancing of 100 MW of Concentrated Solar Power plants in Spain

Cubico Sustainable Investments (Cubico) has achieved financial close on the refinancing of the Moron and Olivenza concentrated solar power (CSP) projects in Sevilla and Badajoz, Spain. The refinancing of the projects, which were acquired in March this year as part of the Grupo T-Solar portfolio and have a capacity of 50MW each, was completed with …

Abengoa participates in the CSP Plaza, the largest event in the concentrated solar power industry in China

Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, has participated one more year in the benchmark event for the Chinese solar thermal industry, CSP Plaza, this being one of the most important in the country. This year, the event has focused on carbon neutrality, that …