Tag Archives: CSP

ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa

ENGIE (www.ENGIE-Africa.com) is pleased to announce that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of the Operations & Maintenance Company. The plant is equipped with parabolic trough technology and a molten salt storage system that … Continue reading ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa

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Castilla-La Mancha ends 2020 with 75 percent of its electrical energy from solar and wind power

The Minister of Sustainable Development, José Luis Escudero, highlighted that last year the installed capacity from ‘clean’ energies increased by 600 MW, which has involved investments of close to 700 million euros and the generation of approximately 3,000 jobs. The regional government is working on the preparation of the Strategic Plan for the Energy Development … Continue reading Castilla-La Mancha ends 2020 with 75 percent of its electrical energy from solar and wind power

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Making the sun shine at night: comparing the cost of dispatchable concentrated solar power and photovoltaics with storage

Sustainable electricity systems need renewable and dispatchable energy sources. Solar energy is an abundant source of renewable energy globally which is, though, by nature only available during the day, and especially in clear weather conditions. We compare three technology configurations able to provide dispatchable solar power at times without sunshine: Photovoltaics (PV) combined with battery … Continue reading Making the sun shine at night: comparing the cost of dispatchable concentrated solar power and photovoltaics with storage

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ACWA Power expected to play an integral role in the development of PIF’s renewable energy program

The Public Investment Fund (“PIF”) today announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%. The investment comes as part of PIF’s strategy to support the development of the renewable energy sector within Saudi Arabia and enable the growth of national champions to become regional and global leaders, while also … Continue reading ACWA Power expected to play an integral role in the development of PIF’s renewable energy program

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ACWA Power’s Bokpoort Concentrated Solar Power plant breaks African record

ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants worldwide, announced Wednesday that its South African Bokpoort CSP plant has become the first renewable facility in the continent to complete a full week of continuous round the clock operation. Bokpoort CSP set the new African continental benchmark achieving 13 … Continue reading ACWA Power’s Bokpoort Concentrated Solar Power plant breaks African record

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Abengoa advances in the construction of the world’s largest concentrated solar power complex in Dubai

The company has just celebrated the completion of the first solar field of the three 200 MW parabolic trough plants which is building in phase IV of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park, in the United Arab Emirates.Its construction has involved the installation and assembly of 2,120 collectors, each weighing 40 tons. … Continue reading Abengoa advances in the construction of the world’s largest concentrated solar power complex in Dubai

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How Spain’s Auction Can Achieve the 5 GW of Concentrated Solar Power it Wants

Spain’s National Energy and Climate Plan, the PNIEC (Plan Nacional de Industria, Energia y Clima) includes a desired 5 GW of Concentrated Solar Power added to its existing 2.3 GW, with 2.5 GW in a first tranche from 2021 to 2025 and a second 2.5 GW from 2026 to 2027. But what are the policies … Continue reading How Spain’s Auction Can Achieve the 5 GW of Concentrated Solar Power it Wants

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Sener sells three Concentrated Solar Power plants in Seville and Cádiz to the Qualitas fund

Q-Energy, the energy investment vehicle of Qualitas Equity (former Fotowatio investor), has bought from Sener and Masdar -subsidiary of Mubadala- the Concentrated Solar Power Torresol Energy Investments S.A. (“Torresol Energy”), owner of three solar thermal plants in Spain with a total capacity of 120 MW located in Seville and Cádiz. The transaction also includes the … Continue reading Sener sells three Concentrated Solar Power plants in Seville and Cádiz to the Qualitas fund

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High Temparature concentrated solar power plan with particle receiver and direct thermal storage

Clean solar energy with storage can help Europe reduce emissions and deliver a secure and cost-effective electricity supply. EU-funded research suggests that fluidised crystal particles trump molten salts as the heat transfer and storage medium. © Gilles Flamant Current state of the art concentrated solar power (CSP) plants use central receivers with several options for … Continue reading High Temparature concentrated solar power plan with particle receiver and direct thermal storage

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ACWA Power closes financing of 900 MW fifth phase of solar power project in Dubai

ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation and desalinated water plants, completed the signing of all financing agreements of the 900MW solar PV project, Shuaa Energy 3 PSC, which is the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. Shuaa Energy 3 PSC is … Continue reading ACWA Power closes financing of 900 MW fifth phase of solar power project in Dubai

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The demand for electricity in Spain decreases 2.4% in August

37.8% of the monthly generation was of renewable origin: wind energy 15.8%, concentrated solar power 3.5% and photovoltaic 8%.61.2% was produced from technologies that do not emit equivalent CO2.The demand for electricity decreased in the Balearic Islands by 19.7% and in the Canary Islands by 8% compared to the same month in 2019.Photovoltaic solar energy … Continue reading The demand for electricity in Spain decreases 2.4% in August

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Delingha: A Leap for Molten Salt Tower Concentrated Solar Power Technology

The 50-MW Delingha concentrated solar power tower plant located on the high-altitude Tibetan Plateau in China was developed, built, and continues to be refined by a company dedicated to solar tower technology research. China, a country that has added more than 200 GW of solar photovoltaic capacity over the last decade, in 2016 pushed developers … Continue reading Delingha: A Leap for Molten Salt Tower Concentrated Solar Power Technology

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Rioglass Solar Supplied Mirrors to Chile’s First Concentrated Solar Power Plant

Solar thermal power complements wind energy and photovoltaic, which are not only manageable. The company Cerro Dominador, a Chilean company owned by investment funds managed by EIG Global Energy Partners (EIG), has successfully developed and commenced the commercial operation of the first CSP plant in Latin America. The Spanish consortium Acciona-Abengoa was responsible of for … Continue reading Rioglass Solar Supplied Mirrors to Chile’s First Concentrated Solar Power Plant

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Chile’s Cerro Dominador concentrated solar power signs PPA with power distributor Saesa

The contract with Saesa will have a duration of eight years, began to operate on August 1, 2020 and will run until December 31, 2028. This is for up to 600 GWh/year, equivalent to 60% of the capacity of one of the concentrated solar power towers. One of the most iconic projects in the region, … Continue reading Chile’s Cerro Dominador concentrated solar power signs PPA with power distributor Saesa

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South Korean Concentrated Solar Power developer predicts ‘competitive’ bid in Chile

Concentrated Solar Power newcomer Andes Green Energy will bid two 1 GW hybrid CSP-PV projects with 18 hours of storage in Chile’s power auction in December, Carlos Sanchez Vergara, the group’s General Manager, told Reuters Events. As EIG Atacama Management prepares to bring online Chile’s first Concentrated Solar Power plant, a new CSP rival is … Continue reading South Korean Concentrated Solar Power developer predicts ‘competitive’ bid in Chile

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Shedding some light on innovations in Concentrated Solar Power

The Sun could be the world’s largest source of electricity by 2050, ahead of fossil fuels, wind energy, hydro and nuclear.Specifically, solar thermal electricity from concentrated solar power (CSP) systems could provide over 10 % of the world’s electricity by mid-century and prevent the emission of billions of tonnes of CO2 per year.This CORDIS Results … Continue reading Shedding some light on innovations in Concentrated Solar Power

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Is Concentrated Solar Power a Trillion Dollar Opportunity?

Solar thermal can produce clean heat to run processes that cause a third of global carbon emissions. In this article, I argue that a $1 Trillion pot of gold may await the right solutions. Due to costs and other barriers, solar thermal’s present footprint on the global energy production map is negligible. Industry experts agree … Continue reading Is Concentrated Solar Power a Trillion Dollar Opportunity?

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DNV GL served as Independent Engineer for the disposition of KKR’s 33.33% equity stake in Acciona Energía Internacional

DNV GL, an independent energy experts and certification body, carried out a vendor’s technical due diligence on behalf of Kohlberg Kravis Roberts & Co. Partners LLP (KKR) for divestment purposes from a global portfolio of renewable energy assets, Acciona Energía Internacional, where KKR held a 33.33% stake and with Acciona S.A. as a majority shareholder. … Continue reading DNV GL served as Independent Engineer for the disposition of KKR’s 33.33% equity stake in Acciona Energía Internacional

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Concentrated solar power plants to produce electricity at night thanks to storage technology

Thermal energy storage (TES) systems can boost the conversion of solar thermal into electricity. They allow the efficient storage of heat during the day so that electricity production continues at night. Currently, the expansion of small and midsized concentrated solar power plants is limited because of the shortage of tailor-made TES systems. TES plays a … Continue reading Concentrated solar power plants to produce electricity at night thanks to storage technology

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