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Wholesale power generation firm ContourGlobal said full year earnings would be ‘modestly’ below expectations thanks to delays in closing out an acquisition in Mexico. The company reported adjusted earnings before interest, tax, depreciation and amortisation up 19% from $447m to $531.6m for the period 1 January to 30 September. It said this reflected the full …
The year of 2019 already witnessed the successful completion of two more new-built concentrated solar power (CSP) plants in China, including Luneng Haixi 50MW Molten Salt Tower CSP Project and Power China Gonghe 50MW Molten Salt Tower CSP Project. Together with the three operational solar thermal plants finished in 2018, China now owns 5 large-scale …
Solar power generation continues to increase, with forecasts from BloombergNEF (BNEF) calling for global solar generation to make up 22% of the world’s electricity by 2050, up from about 2% today. BNEF has said solar and wind will account for almost 50% of the world’s power generation by midcentury, becoming more economically viable than natural …
Continue reading “Worm Gear Technology Helps Concentrated Solar Power Plant Stay Locked on Target”
It is rare for an innovation in Concentrated Solar Power (CSP) to go from the lab to commercial in just 5 years. The biggest obstacle to advancing potential cost-cutting improvements in novel CSP technologies is getting them deployed in commercial projects. Risks are high when every CSP plant must be built at utility-scale and must …
The 12 associations that have made this commitment will be: Spanish Wind Energy Association (AEE Spain), APPA Renewable, Protermosolar and UNEF (Spain), ACERA (Chile), AEEREE (Ecuador), AMDEE and ASOLMEX (Mexico), AUDER (Uruguay), Cader (Argentina), SER Colombia and SPR (Peru). Within the framework of the United Nations Conference on Climate Change – or better known as …
The 2nd SFERA-III access campaign was opened on 12 November 2019. This call for projects provides free access to 13 state-of-art research infrastructures and 47 installations in Concentrated Solar Thermal power in 8 countries: – Cyprus (Cyprus Institute) – France (PROMES-CNRS, CEA) – Germany (DLR, Fraunhofer) – Italy (ENEA) – Portugal (LNEG, University of Evora) …
New sun rays for solar thermal, the energy future of Spain? With 49 operational concentrating solar power plants totaling 2.3 gigawatts, Spain is a world leader in terms of production capacity with this renewable and also technologically. And this, despite the fact that the installed power has been stagnant since 2013. The National Integrated Energy …
Continue reading “Concentrated Solar Power, the energy future of Spain?”
Solar thermal energy is established as a key technology in accelerating the decarbonization of energy systems, both in terms of power generation and heat supply to industrial processes. At the conference you will learn how to decarbonize electricity production can be accelerated thanks to the renewable energy storage capacity and its total manageability and firmness, …
Continue reading “Concentrated Solar Power, climate change and 5 sustainable development goals”
With a daily start-up and shut-down high demands are placed on CSP-plants. Siemens power generation equipment and instrumentations and controls enable plant operators to make highest efficient use of every single sun beam. Concentrated solar thermal power is worldwide becoming a more and more important source for power generation. The reasons for this are obvious: …
Continue reading “Concentrated Solar Power with highly efficient Siemens steam turbines”
Port Augusta’s failed solar thermal project has been revived by a South Australian company with big plans for the ill-fated Aurora site. Thermal energy storage company 1414 Degrees is set to acquire SolarReserve Australia, which owns the Aurora Solar Energy Project near Port Augusta and two solar sites in New South Wales. NEW LIFE: 1414 …
Continue reading “New hope for Port Augusta’s failed SolarReserve Concentrated Solar Power project”