Heliogen is combining with the SPAC Athena Technology, one of the few so-called blank-check companies led by women. Founded in 2013, Heliogen uses mirrors that are positioned with artificial intelligence to reflect sunlight at a small receiver, generating an intense heat. That sunlight can be collected and processed to generate electricity even when the sun …
Concentrated Solar Power should be considered given the need for manageable energy and storage
Mr. José Barragán is the Vice President of Renewables Technical Services at ACWA Power. Founded in 2004 in Saudi Arabia, ACWA Power is a developer, investor, and operator of power generation and desalinated water production plants and is currently present in 13 countries in the Middle East, Africa, Central Asia, and Southeast Asia. It has …
CDC Group is investing $50 million in the Redstone Concentrated Solar Power (CSP) project in South Africa
CDC Group is coming to South Africa to announce a direct investment in a sustainable development project. The British government’s financial institution is providing $50 million for the construction of the Redstone Concentrated Solar Power (CSP) plant. The project is being developed by Saudi Arabian company Acwa Power. The independent power producer (IPP) was awarded …
Dual-tower CSP plants: optical assessment and optimization with a novel cone-tracing model
Highlights • Dual-towers are 1.5 points more optically efficient than single-towers. • Tower selection algorithm enhances the field cosine factors by 3.5 points. • Spillage losses computed with a novel cone-tracing model. • Difference with SolTrace: 0.43% (spillage) and 0.84% (shading and blocking). • Optimized heliostat fields exceed the preliminary ones by up to 5.9 …
PwC Report Claims Concentrated Solar Power is Best for Nighttime Electricity Generation in Spain
Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable …
The cost of Concentrated Solar Power declined by 16%
The cost of renewables, meanwhile, continued to fall even in 2020, despite Covid-linked disruption. The cost of electricity from utility-scale solar PV declined by 7% year-on-year, while offshore wind fell by 9%, onshore wind 13% and concentrating solar power by 16%. Solar PV and onshore wind power are now consistently cheaper than fossil fuel-powered plants, …
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Concentrated solar power might just revolutionize the energy sector as we know it
When most people think of solar power, they picture rows and rows of photovoltaic solar panels on the roof of a building. But photovoltaic power is terribly inefficient — the mining and refining of the elements required for daily human life are incredibly costly to the environment. Fortunately, there are much greener ways to harness …
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Concentrated solar power produces heat, electricity and fuel
A DLR short study on solar thermal power plants summarises the current technological status, requirements and possibilities. Solar thermal power plants open the way for the production of controllable energy from renewable sources. The technology is about to be rolled out and has enormous potential. DLR has many years of experience and expertise in …
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DEWA to add an additional 600MW of clean energy capacity to Dubai’s energy mix in 2021
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA will add 600 megawatts (MW) of clean energy capacity using photovoltaic solar panels and Concentrated Solar Power (CSP) during 2021. This will increase DEWA’s total power capacity from clean energy to 1,613 MW compared to 1,013 MW …
Shanghai Electric Makes Significant Progress on the CSP Tower and Parabolic Trough Plant in Mohammed bin Rashid Al Maktoum Solar Park
Shanghai Electric (“Shanghai Electric” or “the Company”) (601727.SS and 02727.HK) announced that the first molten salt tank hydro test for the Parabolic Trough Plant-II (PT2) of the fourth phase of Mohammed bin Rashid Al Maktoum Solar Park was carried out on May 9, the positive results of which laid a crucial foundation for the next phase …