Renewable Energy the Most Competitive Source of New Power Generation in GCC

Under current plans, the region will install 7 gigawatts (GW) of new power generation capacity from renewable sources by the early 2020s. Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). Abundant resources, together …

China billions of Concentrated Solar Power market is open for global CSP players

In the past year of 2018, China completed a total capacity of 215 MW concentrated solar power (CSP) projects, almost 7 times of the 30 MW capacity made before 2018. China has become the No.5 country owning the biggest CSP capacity, and the most popular emerging CSP market with Morocco by contributing 23% of the …

IRENA estimates that by 2025 the cost of electricity could fall by at least 37 % from concentrated solar power

IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly of the International Renewable Energy …

Saudi Arabia targets 2.7GW Concentrated Solar Power in 2030

The Renewable Energy Project Development Office of Saudi Arabia (REPDO) published the “Saudi Arabia’s Renewable Energy Program 2030” earlier on January 9th, the country’s renewables target for 2023 has been revised up from 9.5 GW to 27.3 GW, and that for 2030 set at 58.7 GW, of which 40GW PV, 16GW Wind and 2.7GW CSP. …

Researchers Test Solar to Cut CO2 in Cement Processing

To replace the heat used by fossil fuels in industrial processes, researchers test solar thermal reactor designs at the PROMES.testing lab at Odeillo in the French Pyranees, capable of temperatures of up to 3,000°C IMAGE @ Sascha Burkhardt Renewable energy researchers have been looking into how to cut CO2 emissions from processing industrial minerals like cement …

Cerro Dominador, the first Concentrated Solar Power plant in Chile

Cerro Dominador project is a 210MW hybrid concentrated solar power (CSP) and photovoltaic (PV) power complex under construction on a 1,000ha-site, approximately 60km away from Calama at Maria Elena in the Atacama Desert, Chile. Construction on the $1.4bn project, which consists of a 100MW PV plant and 110MW CSP plant, was started in 2014. The …

ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, a $4.3 billion project expected …

Siemens provides four steam turbines to Concentrated Solar Power plant in Dubai

Four steam turbines will help generate 700 megawatts of clean electricity. High-efficiency and rapid-start turbines support CSP (Concentrated Solar Power) operations. As part of its ongoing support to the Dubai Clean Energy Strategy 2050 and its role as a premier partner to Expo 2020 Dubai, Siemens will provide four steam turbine generator sets and auxiliary …

China concentrated solar power pilot projects’ development

The year of 2018 witnessed the rapid growth of concentrated solar power (CSP) industry in China. Three demonstration CSP projects with the total capacity of 200MW were completed and connected to the grid, arming China with 3 large-scale commercial CSP plants in operation in one year: CGN Delingha 50MW Parabolic Trough CSP project—June 30th Shouhang …