New trans-Africa Concentrated Solar Power, PV plan tests regional scaling skills

A 4.5 GW solar build plan proposed by multilaterals and governments in Botswana and Namibia will present significant scaling challenges, requiring clear political momentum and a ramped tendering and development process, regional experts told New Energy Update. In August, the World Economic Forum’s Global Future Council on Energy unveiled a giant solar expansion plan in …

Fourth phase of Mohammed bin Rashid Al Maktoum Solar Park is first CBI certified Renewable Energy Project financing in GCC

CBI is a reputable international non-profit organization solely working towards mobilizing and facilitating climate change solutions through the $100 trillion bond market and «green loan» issuances. The fourth phase of Mohammed bin Rashid Al Maktoum (MBR) Solar Park – Noor Energy 1 – has become the first project in the GCC region to receive «Climate …

Luis Crespo participates in the SolarPACES concentrated solar power conference

Luis Crespo, president of Protermosolar, will preside over the first plenary session of the XXV edition of SolarPACES, which will be held from October 1 to 4 in South Korea. The president of Protermosolar, Luis Crespo, will preside over the first plenary session of the SolarPACES 2019 congress, the most important international event in the …

Vast Solar closes capital raise to finance Concentrated Solar Power project

Australian concentrated solar power (CSP) company Vast Solar has finalised a capital hike to progress development of its 30-MW solar thermal power reference plant. Vast Solar did not disclose how much it raised through the capital increase but mentioned that it gained further support from existing investors. In February, it said it was looking to …

SUNCNIM and Banque des Territoires inaugurated the world’s first Fresnel type thermodynamic solar energy plant with energy storage in Llo, Occitania

SUNCNIM and Banque des Territoires, shareholders in the ELLO project company, inaugurated the Llo thermodynamic solar power plant with energy storage, in the presence of Martine Rolland, representative of Hermeline Malherbe, President of the Departmental Council of the Eastern Pyrenees, Eliane Jarycki, representative of Carole Delga, Former Minister and President of the Occitania Region, Jean …

SaltX Berlin pilot plant shows very promising results

The Swedish energy storage company SaltX Technology built and deployed a first-of-its-kind energy storage in 2019. The pilot plant, which is based on a nanocoated salt material, confirms a good material performance and a scalable energy storage concept. Furthermore, the large-scale tests showed a promising roundtrip efficiency. The overall goal of the project was to …

China Connects Luneng, its 5th CSP Project in Climate Push

Luneng at Haixi in Qinghai Province; China’s 4th tower CSP demonstration project is completed by 2020 deadline IMAGE @CSPFocus Luneng’s 50 Megawatt (MW) tower Concentrated Solar Power (CSP) project with 12 hours of thermal energy storage (in molten salts) connected to the Chinese grid on September 20th. Beginning construction in June of 2017, it took …

CSH Could Decarbonize Industrial Heat Globally

Large-scale CSH suppliers like Aalborg or Glasspoint could sell heat to small businesses in industrial parks through HPAs IMAGE @Glasspoint Concentrating Solar Heat (CSH) could decarbonize industrial heat globally Citing a study by the International Renewable Energy Agency (IRENA), World Bank energy consultant Elena Cuadros said CSH holds the promise to replace fossil fuels supplying …

MENA Region Industries Could Heat for Less with Solar

Presentation IMAGE@Elena Cuadros Which Middle East and North Africa (MENA) nations could decarbonize industrial heat with CSH most cost-effectively? World Bank energy consultant Elena Cuadros has supplied very detailed calculations showing where CSH could be substituted at a lower cost than fossil fuels , by comparing CSH costs to specific fossil fuel costs currently used …