Concentrated Solar Power Opportunities under China’s “Net-Zero” Ambition

We all know that Concentrated Solar Power development was not in a fast track in the past year. But things are going to change soon.   Under the “Net Zero” goals,  CSP is getting new momentum and will play a critical role in the future energy mix featuring high percentage of REs in China and …

World record low bid of $0.0399/kWh for Concentrated Solar Power in Chile’s auction

The renewable energy auction held this week by the Chilean National Energy Commission (CNE) has not only seen the lowest bid ever recorded for a large scale PV project in Latin America – $0.01332/kWh – but has also delivered a bid of $0.0399/kWh for a concentrated solar power (CSP) project, which is the lowest offer …

Eskom Considers $7.2 Billion in Wind and Solar Investment by 2030

Eskom Holdings SOC Ltd., which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending 106 billion rand ($7.2 billion) on wind and solar energy by 2030. The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of the utility’s ambition to move …

Will Concentrated Solar Power be Reborn? Report Says Yes

Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, …

Biden administration says solar power could jump from 3 percent to 40 percent of US power by 2035

The Biden administration says solar power could make up 40 percent of U.S. energy generation by 2035 if the nation makes “historic investments” to pump up renewable energy projects. A memo published by the Department of Energy (DOE) Tuesday details how President Biden’s proposed investments in the Bipartisan Infrastructure Deal and his Build Back Better …

Concentrated Solar Power continues to be a shining star in South Africa

In recent years, South Africa has taken tentative steps toward diversifying its energy portfolio to provide alternative power that is sustainable and affordable. This strategy, for an inclusive energy mix, needs additional capacity from renewables to be a top priority; however, utility-scale projects call for a substantial land footprint.   The Northern Cape Province in …

Can solar energy be generated in old gas power plants?

Turkmenistan is working on an innovative program introduce solar power generated steam in a gas fired power station and allow the turbine to use both solar and gas-powered steam based on availability to generate electricity. As signatories to the Paris Agreement, Central Asia’s fossil fuel rich countries have all committed to reduce emissions. Solar power …

Saudi Arabia’s “desolination” H2020 project will be the first to couple solar and desalination technologies

Saudi Arabia has launched an ambitious project that will develop a first-of-a-kind efficient coupling of concentrated solar power and desalination techniques. 10M€ ($11.7mn) project 19 partners and 12 countries are taking part in the 10M€ ($11.7mn). The “DESOLINATION” project is planned to last four years to 2025. As well as building the combined plant itself, …