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New tariff legislation, proven plant performance and a growing need for storage is increasing investor confidence in Spanish Concentrated Solar Power ownership, investors told New Energy Update. Earlier this month, UK-based investment fund Cubico Sustainable Investments acquired the 50 MW Arenales Solar Plant in Seville, southern Spain, from the PanEuropean Infrastructure Fund. Online since 2013, …
Continue reading “Concentrated Solar Power investors return to Spain as market outlook brightens”
On the 17th of March (Tue) afternoon, a workshop will be co-organised by SolarPACES and ESTELA on CSP’s contribution to the European energy transition. How can CSP contribute to the European Energy Transition? Schedule: 15:00 – 17:00 Presentations Climate change challenges and the role of CSP in mitigation in Europe and beyond …
Continue reading “How can Concentrated Solar Power contribute to the European Energy Transition?”
Great Falls, VA, USA 247Solar Inc., developer of the breakthrough 247Solar Plant, announced that it has signed a supply agreement with Chinese engineering and manufacturing firm CASEN Investment Co. (formerly DK Solar) to provide their heliostats (solar mirrors) and associated control systems for its first operational demonstration plant, under construction in Ouarzazate, Morocco. The Plant …
Continue reading “Innovative mirrors key to next generation Concentrated Solar Power system”
Aalborg CSP A/S, a Danish renewable energy and storage specialist, received a new order for a turnkey delivery of a customized 2.5 MW integrated electrical heat pump system for Ørum Varmeværk, a Danish district heating plant in Central Jutland. The system will be integrated with the existing solar heating plant boosting its efficiency and enabling …
By the end of 2019 the testing of the CAPTure prototype started at Plataforma Solar de Almería. In January 2020, part of the air solar receiver unit is successfully running and the next steps will focus on the testing of the other components of the prototype assembled at Plataforma Solar de Almería in 2019. The …
Continue reading “CAPTure prototype started at Plataforma Solar de Almería”
US renewable power producer TerraForm Power has acquired two concentrated solar power (CSP) plants totalling roughly 100 MW in Spain from NextEra Energy Spain Holdings BV, a Netherlands-based unit of NextEra Energy Inc. A wholly-owned unit of TerraForm Power paid a total equity purchase price of EUR 94.1 million (USD 101.5m) plus working capital adjustments …
Continue reading “TerraForm closes 100 MW Concentrated Solar Power buy in Spain”
The pioneering Cerro Dominador solar thermal project has culminated another important phase in its development process with the start of salt fusion works. This concentrating solar power project, in which MMYPEM participates, aims to build a 100MW photovoltaic plant and the first solar thermal plant in Latin America, which will have another 110MW of capacity …
Concentrated solar power accounts for only a fraction of the overall green energy market, but recent research suggests smaller-scale designs could help revitalise interest in the sector. We talk to Luis Crespo, president of Protermosolar, Spain’s solar thermal electricity association. With demand for clean, affordable energy spiking around the world, it may seem counterintuitive to …
Continue reading “Why thinking small could help reignite the concentrated solar power sector”
As the world looks to Germany as a shining example of how to shift away from polluting coal power, a Queensland-based nuclear expert says solar thermal power is the way forward for Australia. Paul Wilson, a nuclear engineer with almost five decades’ experience, told ABC Radio Brisbane’s Steve Austin he was disappointed Australia was not …
Continue reading “Concentrated Solar Power the way forward for is Australia despite hiccups”
Solastor from Australia devised the solution. Alfa Mediterranean is waiting for a loan from the European Investment Bank to start building the concentrated solar power system. It is backed by an EU program. The minority government of Cyprus has succeeded in its fourth attempt to squeeze a European NER300 funding project through parliament, with the …
Continue reading “Cyprus passes EUR 60.2 million guarantee for concentrated solar power project”