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Q-Energy has refinanced a 49.9-MW concentrated solar power (CSP) plant located in Fuente Palmera, southern Spain. A structured loan totalling EUR 283 million (USD 335.2m) was provided to Q-Energy’s special purpose vehicle by a bank syndicate consisting of Banco Santander SA (BME:SAN), BNP Paribas SA (EPA:BNP) and CaixaBank SA (BME:CABK), law firm Watson Farley & …
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Nofar will pay NIS 580 million for the Negev Concentrated Solar Power plant, which is owned by Noy Fund (40%) and institutional investors (60%). Nofar Energy has signed a non-binding memorandum of understanding top buy 100% of the rights for the Megalim Concentrated Solar Power plant in southern Israel for NIS 580 million. The Noy …
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IMAGE@Lina Hockaday, Mintek New Technology Group The scientific journal ‘Energies’ is arranging a Special Issue on ‘Solar Thermochemical Production of Material Commodities’ with a deadline for submissions on 1 September, 2021. We, as guest editors, are pleased to invite you to submit high-quality unpublished contributions on recent advances in applications of concentrated solar radiation to …
A newly established Concentrated Solar Power based test rig facility at Hyderabad can help the growing solar industry in India to test capability and performance of solar thermal components like solar receiver tubes, heat transfer fluids, concentrating mirrors. For the uninitiated, Concentrated Solar Thermal (CST) technologies use mirrors to reflect and concentrate sunlight onto a …
Heliogen is combining with the SPAC Athena Technology, one of the few so-called blank-check companies led by women. Founded in 2013, Heliogen uses mirrors that are positioned with artificial intelligence to reflect sunlight at a small receiver, generating an intense heat. That sunlight can be collected and processed to generate electricity even when the sun …
Beam Down Thermal Storage Test at Masdar Institute IMAGE@Nicolas Calvet Normally, power tower CSP heats molten salts by aiming concentrated sunlight up to a receiver on a tower that has molten salts flowing through pipes in the receiver to be heated and sent down the tower to store the sun’s energy as heat in a …
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Mr. José Barragán is the Vice President of Renewables Technical Services at ACWA Power. Founded in 2004 in Saudi Arabia, ACWA Power is a developer, investor, and operator of power generation and desalinated water production plants and is currently present in 13 countries in the Middle East, Africa, Central Asia, and Southeast Asia. It has …
Cubico Sustainable Investments (Cubico) has completed the acquisition of the remaining minority shareholding of Grupo T-Solar from MEAG. The deal makes Cubico the sole owner of the entire Grupo T-Solar platform, which comprises 274MW of operational assets and a significant development pipeline across Spain and Italy. The platform’s 47 operational assets include 167MW of solar …
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The kingdom has high potential to capitalise on solar energy – photovoltaic technology and concentrated solar power technology – to drive its economic diversification agenda, new research from investment banking company Natixis shows. It also pointed to wind energy as a promising front as technological advancements make wind farms more economically viable. Saudi Arabia, under …
Continue reading “Saudi Arabia is getting serious about green energy”
IMAGE@DLR Prof. Dr.-Ing. Robert Pitz-Paal receives Energy Award from the American Society of Mechanical Engineers (ASME) Robert Pitz-Paal, director at the Institute of Solar Research of the German Aerospace Center, has been named the 2021 recipient of the Frank Kreith Energy Award from the American Society of Mechanical Engineers (ASME). The award was established in …