TSK sells its La Africana concentrated solar power plant to the Q-Energy fund

TSK has agreed to sell its solar power plants in operation in Spain to Q-Energy, Qualitas Equity’s renewable asset fund manager. The company chaired by Sabino García Vallina has thus transferred a part of its subsidiary Esersa, for which a year ago it explored the possibility of going public. Specifically, it has transferred its stakes …

Namibia-Botswana project for building both photovoltaic and concentrated solar power plants

The signing of an agreement between Namibia and Botswana to construct a mega solar photovoltaic project is imminent, Namibian Minister for Mines and Energy Tom Alweendo has shared. A full feasibility study will then follow to determine the location and size of the project setting in motion construction plans for the 5 GW solar project. …

Saudi Arabia’s wind energy, Concentrated Solar Power and PV could generate up to 750,000 jobs by 2030

The development of Saudi Arabia’s renewable energy sector could lead to the creation of up to 750,000 jobs over the next decade, as the kingdom aims to derive 7 percent of its total electricity production from wind, photovoltaic and thermosolar by 2030. Solar photovoltaic and Concentrated Solar Power will account for 77 percent of all …

Demand for electrical energy in Spain falls 3.8% in July

Demand for electrical energy in Spain fell by 3.8% in July: wind energy produced 37.9%, concentrated solar power 3.5% and photovoltaic 7.9%  The demand for electrical energy decreased in the Balearic Islands by 26.8% and in the Canary Islands by 9.4% compared to the same month of 2019.Solar photovoltaic produced 89.9% more than in July …

Shanghai Electric wins EPC contract for 5th phase project of Dubai solar park

Firms set to build on 4th phase success with the installation of 900MW of photovoltaic and concentrated solar power at the site. Shanghai Electric Group has been appointed as the engineering, construction and procurement (EPC) contractor for the fifth phase project of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai. The Solar Park …

Vast plans $600m “baseload” concentrated solar power plant for Mt Isa

Australian solar thermal developer Vast Solar has unveiled plans to take its technology into the mainstream, unveiling a $600 million proposal to build a “baseload” solar plant in Mt Isa that will combine solar thermal, solar PV, battery storage and fast-acting gas generators. The plan, being supported and advised by Energy Estate,  is to build …

US Department of Energy Funds New Solar Business Innovation

The U.S. Department of Energy (DOE) announced that the Solar Energy Technologies Office (SETO) will award $12.3 million to 11 small solar companies from 9 states as part of DOE’s Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) program. These new projects are part of the second phase of the programs, which help companies commercialize their …

Spain’s electricity demand falls 8.5% in June

Wind energy power represented 17.3%, concentrated solar power 3.9% and photovoltaic 9.2%. Spain’s electricity demand fell 8.5% in June. 43.9% of the monthly generation was from renewable sources and 63.5% were produced from technologies that do not emit CO2 equivalent. The demand for electrical energy decreased in the Balearic Islands by 33.3% and in the …