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Solar thermal can produce clean heat to run processes that cause a third of global carbon emissions. In this article, I argue that a $1 Trillion pot of gold may await the right solutions. Due to costs and other barriers, solar thermal’s present footprint on the global energy production map is negligible. Industry experts agree …
Continue reading “Is Concentrated Solar Power a Trillion Dollar Opportunity?”
The first solar thermal power plant in northwest China’s Xinjiang Uygur Autonomous Region went into operation Sunday night. The 50-megawatt concentrated solar power plant is located in Naomaohu Township, eastern Xinjiang’s city of Hami. Construction of the project began in October 2017 by Energy China. The concentrating solar power project can achieve an annual power …
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We would like to invite you to take part in the CSP stakeholders mapping survey launched by the HORIZON-STE project to support the creation of consortia that will fulfil the SET-Plan goals by participating in R&I projects and/or First-of-a-Kind plants. HORIZON-STE is a Horizon2020 funded project aiming at supporting the Implementation of the Initiative for …
Continue reading “STE project survey on Concentrated Solar Power stakeholders mapping”
CSP’s costs are dropping as the market gains steam in the Middle East and China. Can this once-promising technology regain its mojo? Concentrated solar power (CSP), a renewable energy technology that has more or less dropped off the radar in the U.S., is quietly becoming competitive elsewhere. A recent analysis of power generation costs from the …
Continue reading “Concentrated Solar Power Quietly Makes a Comeback”
An estimated 550 MW of concentrating solar thermal power (CSP) came online in 2018, increasing cumulative global capacity more than 11% to just under 5.5 GW. CSP is also known as solar thermal electricity (STE). This annual increase represents the largest gain since 2014, and it occurred despite delays in several projects that had been …