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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”
Beijing-headquartered Silk Road Fund, a state-owned investment and development fund established under the framework of Belt and Road Initiative (BRI), has acquired a 49 percent stake in a renewable energy holding company promoted by ACWA Power, the Saudi Arabia-based developer, owner, and operator of water and power plants, it was announced on Sunday. The Saudi …
“Our “back of the envelop” communication with researchers is that the US $3 per gallon of gasoline equivalent (GGE) per kilogram of hydrogen could be obtainable,” said Al Maaitah, whose start-up VC invests in the beam-down solar concentrator to be tested in the UAE. Of the four types of Concentrated Solar Power (CSP) technologies, dish …
Continue reading “VC Invests in Beam-Down Concentrator for Solar Fuel”
Tests at the world’s highest-temperature sCO2 turbine indicate lower costs and faster ramping will make even smaller Concentrated Solar Power plants competitive, U.S. researchers told New Energy Update. Engineers at General Electric (GE) and the Southwest Research Institute (SWRI) recently completed testing of the world’s highest temperature supercritical carbon dioxide (sCO2) turbine in a breakthrough …
Continue reading “US turbine leap boosts prospects for smaller Concentrated Solar Power plants”
The country’s first 100-megawatt molten salt concentrating solar thermal power plant in Dunhuang, Northwest China’s Gansu province, has successfully generated power while operating at full capacity. Nearly 20 hours of operating records show the systems at the concentrated solar power plant have been normal and stable. The facility also set a new record by generating …
Continue reading “Full capacity test a success for concentrated solar power plant in China”
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 …
In addition to the planned verification in Morocco at the end of 2019, Azelio is now initiating a collaboration with the Swedish Glava Energy Center (glavaenergycenter.se) for verification of its technology also in Sweden. The collaboration enables tests close to the company’s development and in system together with other renewable technologies and different grid configurations. …
Dubai Electricity and Water Authority (DEWA) has issued a tender for the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park for 900 megawatts (MW) of electricity using photovoltaic solar panels, based on the Independent Power Project (IPP) model. This move supports the objectives of the Dubai Clean Energy Strategy 2050 to provide …
From June 12th to 2:12 am June 13th, SUPCON SOLAR Delingha 50 MW Tower Concentrated Solar Power Plant has generated 863MWh electricity, setting new high of single-day output. The operation record of June 12th shows the molten salt temperature at receiver outlet reached 566℃(The design value is 565℃). At 5:40 pm, the hot salt tank …
Credit Suisse Energy Infrastructure Partners has completed the purchase of a 49% stake in 250 MW of Spanish Concentrated Solar Power capacity from ContourGlobal, Credit Suisse announced May 22. ContourGlobal, a UK-based power plant investment group, purchased the five 50 MW assets from Spain’s Acciona last year. The plants are situated in south-west Spain and …
Continue reading “Credit Suisse enters Concentrated Solar Power ownership in Spain”