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Tthe U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. …
Australian CSP developer Vast Solar is seeking A$75 million ($53.1 million) of financing for a A$240 million hybrid CSP-PV plant in New South Wales, according to reports. Vast Solar is planning to build a 50 MW plant consisting of 30 MW of modular CSP tower capacity with 10 hours of molten salt energy storage capacity, …
The project EPC contractor Shanghai Electric releases another milestone news for Dubai Mohammed bin Rashid Al Maktoum Solar Park Phase IV solar power hybrid project–950MW Noor Energy 1 CSP-PV Project, that the 100MW Concentrated Solar Power tower plant has completed the foundation of the Solar Tower last week on March 7th, 2019. The 100MW solar …
Continue reading “Dubai 950MW Concentrated Solar Power +PV completes foundation of solar tower”
Australian concentrated solar power (CSP) specialist Vast Solar plans to develop a hybrid project that comprises a 30 MW CSP facility with 10 hours of storage and a 20 MW PV plant, and to make this happen it needs to secure $75 million. The company said it was already working with ASX-listed financial services firm …
Which solar energy technology will prevail? Concentrated Solar Power or Photovoltaic? In review of the latest developments in renewable, solar energy technologies one can establish that the answer to this question is rather controversial. In search of recent developments in the US energy industry and global economic and financial markets one can find conflicting evidence …
Continue reading “Concentrated Solar Power (CSP) Vs Photovoltaic (PV)”
The solar power market in the Middle East and North Africa (MENA) is now worth $20 billion, with projects valued at $5 billion now up and running, according to new research. The 2019 Solar Outlook Report said another $15 billion of projects are set to come online in the region in next five years. It …
Continue reading “MENA solar power set to see $15bn new projects in next five years”
Shanghai Electric, as the EPC contractor of Dubai 950 MW CSP+PV solar complex, the fourth phase of Mohammad Bin Rashid Al Maktoum Solar Park, made a detailed report on the huge solar power plant during the Press Release in Beijing. The fourth phase of the solar park will use three technologies to produce 950 MW …
As China closes in on doubling today’s entire total global capacity of Concentrated Solar Power (CSP), a new paper, The Dragon Awakens: Will China Save or Conquer Concentrating Solar Power? analyses the potential impact that the nation’s ambitions, and record-low costs, might have on global CSP – both good and bad. IMAGE @ Johan Lilliestam: How …
Continue reading “China Made Solar PV Cheap – Is Concentrated Solar Power Next?”
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 …
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. …
Continue reading “Saudi Arabia targets 2.7GW Concentrated Solar Power in 2030”