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Over 2 GW of Concentrated Solar Power is operating in the southwestern US. As growing amounts of PV and wind are added to the grid in that part of the US in response to the steady movement towards a carbon free grid, there is an opportunity for CSP to compliment these variable energy resources. Concentrated …
Global Concentrated Solar Power capacity is forecast to grow by 87%, or 4.3 GW, in 2018-2023, the International Energy Agency (IEA) said in its Renewables 2018 report published in October. This represents 32% faster growth than in 2012-2017. This baseline scenario includes 1.9 GW of new capacity in China, 1 GW of new projects in …
New heliostat designs that combine greater automation with manufacturing and installation efficiencies could be commercially available within three years, David Haas, Director of Heliostat Development at SolarReserve and Principal Investigator on the group’s HelioSR3 research project, told New Energy Update. In October, the U.S. Department of Energy (DOE) awarded SolarReserve some $2 million to develop …
Continue reading “SolarReserve eyes 40% drop in heliostat costs within three years”
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 …
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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 …
Continue reading “China billions of Concentrated Solar Power market is open for global CSP players”
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. …
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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 …
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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 …
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 …
Continue reading “Siemens provides four steam turbines to Concentrated Solar Power plant in Dubai”