Spain’s Iberdrola sells 50 MW Concentrated Solar Power plant

Spanish power group Iberdrola has agreed to sell its 90% share of the 50 MW Ibersol plant in Spain to Ence Energia at a price of 72.3 million euros ($82.3 million), Iberdrola announced October 18. Ence is Spain’s leading biomass power generator with an installed capacity of around 220 MW. The Ibersol plant uses parabolic …

US allocates $12 million to high-temperature Concentrated Solar Power research

The U.S. Department of Energy (DOE) has allocated $12 million of federal funding to 15 projects that will research high-temperature CSP components and systems, the DOE announced October 23. “These projects will develop materials and designs for collectors, power cycles, and thermal transport systems that can withstand temperatures greater than 700 degrees Celsius (C) while …

Concentrated Solar Power learnings report targets lower cost of finance

U.S. researchers are seeking data from over half of global CSP projects to help lower financing costs that are hampering competitiveness, Mark Mehos, Program Manager, CSP at the National Renewable Energy Laboratory (NREL), told New Energy Update. The U.S. National Renewable Energy Laboratory (NREL) launched October 1 a global study of best practices for CSP …