Tag Archives: Concentrating Solar Power

Concentrating Solar Power: Foreign investors set to sue Spain over energy reform

It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged on the terms of their investment. The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking … Continue reading Concentrating Solar Power: Foreign investors set to sue Spain over energy reform

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Concentrated Solar Power Technology Transfer for Electricity Generation in Namibia

Namibia’s Ministry of Mines and Energy (MME), recently called for a pre-feasibility study for a pilot concentrated solar power plant in Namibia, which was funded by the Energy and Environment Partnership (EEP). The project aims at increasing the share of renewable energies in the Namibian energy mix by developing the necessary technological framework and conditions … Continue reading Concentrated Solar Power Technology Transfer for Electricity Generation in Namibia

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Foreign investors set to sue Spain over concentrated solar power

The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking on its push for green power. It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged … Continue reading Foreign investors set to sue Spain over concentrated solar power

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Foreign investors set to sue Spain over renewable energy reform

It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged on the terms of their investment. The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking … Continue reading Foreign investors set to sue Spain over renewable energy reform

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Spanish Concentrating Solar Power (CSP) companies face rating downgrades

Moody’s says the latest cuts hurt the credit quality of Abengoa and Concentrating Solar Power (CSP) companies. The reduced income decreed to affect seriously concentrated solar power companies like Abengoa and Acciona, and have been affected by the arbitrary decision of the spanish government. The credit rating agency Moody’s believes that the measures taken by the … Continue reading Spanish Concentrating Solar Power (CSP) companies face rating downgrades

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Concentrating Solar Power to be reborn in the Mojave

During the next months, work will begin on 3.24GW of large concentrating solar power (CSP) plants that have been approved by the California Energy Commission (CEC) and the U.S. Bureau of Land Management (BLM) since August 25, 2010. Two more projects are in various stages of approval, and if approved at current capacities this will … Continue reading Concentrating Solar Power to be reborn in the Mojave

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Launch of Strategic Research Agenda for Solar Thermal Electricity setting out R&D plans towards 2025

ESTELA, the European Solar Thermal Electricity Association, has launched its first Strategic Research Agenda, which is highly welcomed and considered by the DG for Research & Innovation of the European Commission. Since its creation in 2007, ESTELA has developed its scientific and technical activities supporting research and innovation and establishing priorities in short and long-term … Continue reading Launch of Strategic Research Agenda for Solar Thermal Electricity setting out R&D plans towards 2025

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Middle East and North Africa (MENA) Solar Energy Market Outlook, 2013-2017

The report offers solar energy (PV and Concentrating Solar Power) project details for each market along with country-specific demand forecasts to 2017. The MENA region possesses the greatest technical potential for renewable energy in the world with much of this potential attributed to solar power. This potential is now starting to be more seriously considered, … Continue reading Middle East and North Africa (MENA) Solar Energy Market Outlook, 2013-2017

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Advances in the solar energy

2011 is being looked back on in the global solar power industry for many negative qualities. Primarily, a collapse in profitability in solar photovoltaic (PV) manufacturing led to companies restructuring, layoffs, plant closures, and even a number of bankruptcies. Late in the year a vicious trade dispute sharply divided the U.S. PV industry, which also … Continue reading Advances in the solar energy

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Solar power in the Middle East and North Africa (MENA)

Over the last century, economic development in MENA has hinged on the region’s petroleum and natural gas deposits. The region produces more than a third of the world’s petroleum, at roughly 2.5 million barrels of crude oil per day, as well as 55 billion cubic feet per day of dry natural gas, 20% of the … Continue reading Solar power in the Middle East and North Africa (MENA)

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Schott seeks partner to take majority of CSP (Concentrating Solar Power) unit

German glass maker Schott expects preliminary bids for a majority stake in its concentrated solar thermal unit within the next two weeks. Schott has mandated BNP Paribas to look for a partner to take the lead at its Concentrated Solar Power (CSP) unit to cut its exposure to a sector that has not lived up … Continue reading Schott seeks partner to take majority of CSP (Concentrating Solar Power) unit

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GE to buy two Concentrating Solar Power (CSP) plants in Spain to ACS despite regulatory framework

ACS is taking steps to reduce its massive debt. The company chaired by Florentino Perez has reached an agreement with General Electric to acquire two U.S. giant solar thermal Castilla-La Mancha in which the builder has invested 500 million. However, the purchase price had to be adjusted downward after the last spear of the Minister … Continue reading GE to buy two Concentrating Solar Power (CSP) plants in Spain to ACS despite regulatory framework

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Spain’s Concentrated Solar Power (CSP) sector will reduce revenues by 33% with new regulation

Protermosolar Secretary General, Luis Crespo, said that in just six weeks the Concentrating Solar Power (CSP) sector has lost 33% of their income and wondered “how can you trust a country that uses 13,000 million to attract investment and, once that CSP plants have been built, the next day sinking business expectations. ” The recent … Continue reading Spain’s Concentrated Solar Power (CSP) sector will reduce revenues by 33% with new regulation

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California finds environmental impacts to birds from Hidden Hills CSP project

The Hidden Hills solar thermal power system will use BrightSource’s proven solar tower technology to produce clean, reliable solar electricity to more than 178,000 homes. Located in Inyo County, California, the two-unit power system will be built on approx. 3,280 acres and will create construction jobs for 2,300 workers. BrightSource’s solar plants avoid millions of … Continue reading California finds environmental impacts to birds from Hidden Hills CSP project

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Concentrating Solar Power With Storage Can Benefit the Grid

The evidence is piling up that when the real value of energy is considered, electricity generated from concentrating solar power (CSP) plants with storage capability outperforms solar photovoltaic. Rigorous research studies cited throughout The Economic and Reliability Benefits of CSP With Thermal Energy Storage: Recent Studies and Research Needs, a report from the CSP Alliance, … Continue reading Concentrating Solar Power With Storage Can Benefit the Grid

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Manuel Blanco to lead the Australian Solar Thermal Research Initiative

The new head of Australia’s solar thermal research effort says the cost of generating electricity can be halved by 2020, placing it on course to match the renewable energy contribution from PV technologies. The new head of Australia’s solar thermal research effort says the cost of generating electricity can be halved by 2020, placing it … Continue reading Manuel Blanco to lead the Australian Solar Thermal Research Initiative

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2013: An important year for Concentrating Solar Power in the United States

Between now and early 2014 the total generation capacity of concentrated solar power in the United States will increase by more than 120%. Currently, 571.16MW of Concentrated Solar Power capacity has been commissioned in the United States, but with five large-scale projects scheduled for completion in 2013-14 this capacity is set to increase by 120%, a … Continue reading 2013: An important year for Concentrating Solar Power in the United States

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Concentrated Solar Power: Parabolic Trough or Solar Tower?

At the crux of this pursuit is understanding the associated costs of the CSP technologies themselves, whether it be Parabolic Trough, Solar Tower, Linear Fresnel or Dish Sterling. Delving even deeper, the ability to identify and successfully implement cost reduction strategies is dependent on understanding where exactly the bulk of costs currently rests within these … Continue reading Concentrated Solar Power: Parabolic Trough or Solar Tower?

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South African Concentrating Solar Power growth to take centre stage in Pretoria

CSP Today South Africa 2013 is only one week away, taking place on 4-5 February at the Southern Sun Hotel in Pretoria and over 150 of the most influential figures, innovators and hands-on experts have now confirmed to attend. The event will bring together leading experts throughout the global CSP industry and will tackle the … Continue reading South African Concentrating Solar Power growth to take centre stage in Pretoria

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Spain’s government reduces the Concentrating Solar Power revenue by more than 30%

The package of measures adopted by the spanish government in recent weeks, with the general tax of 7%, the elimination of the premium to the share attributable to gas, which in the investment analysis was considered “a whole” with the premium and the removal of the option premium pool + approved today by the Council … Continue reading Spain’s government reduces the Concentrating Solar Power revenue by more than 30%

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