Dedicated to Continuous Innovation
It’s hard to finance large infrastructure projects in many parts of the world. Banks and other traditional financiers often shy away from making big commitments in developing markets or those with perceived risks such as exchange rate volatility or political instability. In such places, getting large projects off the ground often requires concessional finance: loans …
Continue reading “Is concessional finance key to Concentrated Solar Power in 2021?”
TEXEL thermal energy storage IMAGE@TEXEL TEXEL has a developed a form of thermal energy storage charged by electric heat to provide grid power and energy storage and plans to manufacture the technology in the US. The Swedish company began as a Concentrated Solar Power (CSP) firm (How CSP works) which has subsequently focused on standalone …
Continue reading “TEXEL Explores US Market for 2-Cent Thermal Energy Storage in Metal Hydrides”
Government has developed a plan for reliable, safe and affordable electricity supply in Botswana. Launching the Integrated Resource Plan (IRP) on December 15, Minister of Mineral Resources, Green Technology and Energy Security Mr Lefoko Moagi said the intension was to achieve an energy generation mix of at least 15 per cent renewable energy by 2030 …
Continue reading “Botswana Launches PV and Concentrated Solar Power Generation Plan”
Cubico has agreed to acquire a 274MW solar platform with operational assets in Spain and Italy from I Squared Capital. The Grupo TSolar platform comprises 47 operational assets that spans 167 MW of solar photovoltaic capacity and 100 MW of concentrated solar power across Spain, as well as 7MW of solar PV in Italy. The …
The ACWA Power Solafrica Bokpoort Concentrated Solar Power (CSP) plant, one of the major drivers of renewable energy in South Africa, has achieved another significant first, having announced the largest infrastructure refinancing initiative to be implemented in the country. Project financiers, led by Investec Bank, have concluded the first refinancing transaction for Bokpoort CSP, in …
Two years following the successful organization of the 1st CSP4Climate conference, the need to take immediate action to address the most important global challenge of our times, Climate Change, is more urgent than ever. The adverse effects of climate change are getting more pronounced, especially in the Mediterranean basin. It is therefore time to analyze …
Ariya Finergy has signed a framework agreement with Absolicon to acquire and operate a robotised production line that manufactures Absolicon’s concentrating solar collector T160. The solar collectors have a 76% optical efficiency and produce heat and steam up to 160⁰ Celsius for industrial processes. The framework agreement contains requirements for each time period. Ariya has …
One of the world’s biggest solar parks in Dubai has hired Azelio AB to turn desert heat into electricity after sundown. Azelio’s technology is being used on Phase 4, a project jointly owned by Dubai Electricity & Water Authority, Saudi Arabia’s Acwa Power and Chinese state-owned Silk Road Fund. The Swedish company will provide energy …
Continue reading “Desert Heat Will Help Keep Lights On in Dubai After Sundown”
IMAGE@Alberto de la Calle As a vital component of fertilizers, ammonia (NH3) is the second most-produced industrial chemical in the world. Annual production is around 180 million metric tons and almost 90% of this production goes to meet the global demand for agricultural production. Ammonia is also increasingly seen as a potential green fuel for …
Continue reading “To Make Zero-Emissions Ammonia, US Researchers Design a Novel Solar Reactor”
Tim Bruewer details optimal thermal management for the use of molten salt in solar thermal power plants with concentrated radiation. The demand for environmentally friendly and low-CO2 forms of energy generation has been increasing in Europe since the ‘Green Deal’ was presented by the EU Commission in 2019, defining the climate neutrality of 26 member …
Continue reading “Heat storage in concentrated solar power plants”