Significant wind power and solar energy potential and abundant biomass residues present considerable opportunities for Botswana to enhance domestic energy security and increase access to modern energy services, according to a new report published today by the International Renewable Energy Agency (IRENA). Short-to-medium term actions in the areas of policy, regulation, risk and investment can … Continue reading Indigenous Resources Key to Energy Security and Universal Access in Botswana
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Majority of New Renewables Undercut Cheapest Fossil Fuel on Cost
Countries urged to power past coal as new report confirms renewables would bring cost savings of USD 156 billion to emerging economies. The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) … Continue reading Majority of New Renewables Undercut Cheapest Fossil Fuel on Cost
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Egypt plans to increase solar and wind power
Under its 2030 vision, Egypt plans to increase the supply of electricity generated from renewable sources to 20 percent by 2022 and up to 42 percent by 2035, with wind power providing 14 percent, hydro power 2 percent, photovoltaic (PV) 22 percent, and concentrated solar power (CSP) 3 percent by 2035. Egypt has advanced from … Continue reading Egypt plans to increase solar and wind power
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US renewable energy consumption reaches record high
According to the U.S. Energy Information Administration (EIA), in 2020, consumption of renewable energy in the US grew for the fifth year in a row, reaching a record high of 11.6 quadrillion Btu, or 12% of total US energy consumption. Renewable energy was the only source of US energy consumption that increased in 2020 from … Continue reading US renewable energy consumption reaches record high
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Morocco and IRENA Partner to Boost Renewables and Green Hydrogen Development
The International Renewable Energy Agency (IRENA) and the Ministry of Energy, Mines and Environment (MEME) of the Kingdom of Morocco have today agreed to strengthen joint collaboration to advance knowledge in renewable energy and to accelerate the energy transition. Specifically, IRENA and Morocco will work closely to advance the national green hydrogen economy as the … Continue reading Morocco and IRENA Partner to Boost Renewables and Green Hydrogen Development
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Cerro Dominador concentrated solar power plant inaugurated in Chile
The concentrated solar power plant, built by a consortium formed by Abengoa and Acciona for EIG Global Energy Partners, has a capacity of 110 MW and is the first of its kind built in Latin America. Yesterday, June 8, the Cerro Dominador solar thermal plant was officially inaugurated. It has been built by a consortium … Continue reading Cerro Dominador concentrated solar power plant inaugurated in Chile
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EIG-Owned Cerro Dominador Inaugurates Concentrated Solar Power (CSP) Plant in Chile
First CSP Plant in Latin America to Provide 100% Renewable Energy on 24-Hour Basis. Facility to Supply Chilean National Electrical System with Flexible, Reliable and Safe Energy. EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced the inauguration of the Cerro Dominador solar complex … Continue reading EIG-Owned Cerro Dominador Inaugurates Concentrated Solar Power (CSP) Plant in Chile
Continue readingChile’s Cerro Dominador Concentrated Solar Power plant synced with the grid
The 110-MW Cerro Dominador concentrated solar power (CSP) plant in Chile has been successfully synchronised with the Chilean SEN grid system. The solar thermal plant will inject electricity into the grid in stages over the coming months. “Synchronization kicks off first phase. We then move on to the second phase, which is calibration of the … Continue reading Chile’s Cerro Dominador Concentrated Solar Power plant synced with the grid
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U.S. pledges to slash solar energy costs by 60% in a decade
The Biden administration on Thursday set a goal to cut the cost of solar energy by 60% over the next decade as part of an ambitious plan to decarbonize the United States’ power sector by 2035. The U.S. Department of Energy said the goal accelerates its previous utility-scale solar cost target by five years. For … Continue reading U.S. pledges to slash solar energy costs by 60% in a decade
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Concentrated Solar Power build pipeline must hit GWs to fend off Photovoltaic menace
A lack of supportive tenders is endangering the Concentrated Solar Power industry’s quest for lower costs and its leading position in overnight renewable power, a team of researchers told Reuters Events. As PV and battery costs continue to fall, CSP developers face increasing competition in the dispatchable power market. Only a handful of CSP projects … Continue reading Concentrated Solar Power build pipeline must hit GWs to fend off Photovoltaic menace
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Prof. Valeriano Ruiz, co-founder of ESTELA and a pioneer of Concentrated Solar Power technology, has passed away
European Solar Thermal Electricity Association, ESTELA, is sorry to bear the sad news of the passing of Prof. Valeriano Ruiz, a co-founder of ESTELA in 2007 and its Vice-President until 2011 and a pioneer of solar thermal technology since the 1970s. Prof. Valeriano Ruiz, a co-founder of ESTELA in 2007 and its Vice-President until 2011, … Continue reading Prof. Valeriano Ruiz, co-founder of ESTELA and a pioneer of Concentrated Solar Power technology, has passed away
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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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1st CSP4Climate conference
Two years following the successful organization of the 1st CSP4Climate conference, the need to take immediate action to address the most important global challenge of our times, Climate Change, is more urgent than ever. The adverse effects of climate change are getting more pronounced, especially in the Mediterranean basin. It is therefore time to analyze … Continue reading 1st CSP4Climate conference
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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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