As part of a global cause to bolster solar power technologies, Arizona State University researchers are taking part in three new solar energy projects funded by the Australian and U.S. governments. The investment for these projects includes $68 million for two, eight-year research programs and $15.5 million for 11 collaborative projects. This collaboration is part … Continue reading ASU, Australian Solar Institute collaborate on projects to advance concentrated solar power
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Saudi Arabia spearheading sustainable energy initiatives with long-term solar energy investments
Saudi Arabia is fast becoming a leading investor in alternative energy with the KSA Government announcing various solar power projects that are aimed to ensure sustainable long-term supply of energy across the Kingdom. The Saudi Government has already announced plans to invest SR408.75bn to produce an additional 41 GW of solar energy by 2032, which … Continue reading Saudi Arabia spearheading sustainable energy initiatives with long-term solar energy investments
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Chevron to build CSP (Concentrated Solar Power) system for Hawaii’s Kapolei Refinery
Chevron Corp.’s Hawaii operation is planning to develop a solar thermal demonstration project at its Kapolei refinery, which will be used to offset burning fossil fuels utilized to generate heat and steam for internal use. The 15.5-acre project, dubbed the “Chevron Hawaii Concentrated Solar Process,” is expected to break ground in the second half of … Continue reading Chevron to build CSP (Concentrated Solar Power) system for Hawaii’s Kapolei Refinery
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A Climb Up the SolarReserve Concentrated Solar Power Tower
Concentrating solar power with storage is coming soon. A total of 70 million pounds of molten salts at 550 degrees Fahrenheit, he explained, will flow over a daytime run from the cold tank to the top of the tower where it will achieve a temperature of 1050 degrees F and either flow through the heat … Continue reading A Climb Up the SolarReserve Concentrated Solar Power Tower
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US DOE announces 17 million available for PV, CSP, electronic component testing
The US Department of Energy (DOE) has announced up to USD 17 million in funding through its SunShot Initiative for projects to make solar power electric generation more reliable and to assist the integration of more electricity from solar energy technologies into the grid. Up to USD 12 million will be available through the
Continue readingSaudi Arabia solar energy program gives massive boost to concentrated solar power industry
King Abdullah City for Atomic and Renewable Energy (K.A. CARE) announced the first details of their Renewable Energy Program, which contained a number of key takeaways that the Concentrating Solar Power industry must now consider. On 21 February 2013, K.A.CARE announced the launch of its eagerly awaited Renewable Energy Competitive Procurement Portal together with a White … Continue reading Saudi Arabia solar energy program gives massive boost to concentrated solar power industry
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Shams 1 Concentrating Solar Power project to be opened on March 17
Shams 1 will be one of the largest concentrated solar power plants in the world. Shams 1, the largest concentrated solar thermal power project in the Middle East, which will generate 100 megawatts of clean and sustainable energy at a cost of Dh2.2 billion ($600 million), will be officially inaugurated on March 17. This was … Continue reading Shams 1 Concentrating Solar Power project to be opened on March 17
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Fitch Affirms Genesis Solar LLC’s $852MM Total Trust Certificate and Bank Facilities Ratings
Fitch Ratings has affirmed the ratings and Outlooks on a total of $852 million of debt issued by Genesis Solar LLC (Genesis) as follows: –$561.6 million 3.875% series A trust certificates (U.S. Sovereign Guaranteed), due 2038 at ‘AAA’; Outlook Negative; –$120 million floating-rate bank facility (U.S. Sovereign Guaranteed), due 2019 at ‘AAA’; Outlook Negative; –$140.4 … Continue reading Fitch Affirms Genesis Solar LLC’s $852MM Total Trust Certificate and Bank Facilities Ratings
Continue readingDESERTEC Foundation endorses DESERTEC Power for Kingdom of Saudi Arabia
DESERTEC Power was established to advance the energy supply in the Kingdom of Saudi Arabia. This follows the direction of the Kingdom to significantly increase the sustainable power generation from renewable energy sources with viable, feasible, efficient, and sustainable solutions that address the current and forthcoming needs in the country. It is endorsed by the … Continue reading DESERTEC Foundation endorses DESERTEC Power for Kingdom of Saudi Arabia
Continue readingSaudi Arabia sets out roadmap for 41 GW of solar power and 9 GW of wind energy capacity by 2032
KACARE specified that in the first two bidding rounds after the introductory procurement round, it wanted 2.4 GW of PV solar energy capacity and 2.1 GW of concentrated solar power capacity. Saudi Arabia has quickly made it onto the list of focus markets for investors and technology providers, with the government announcing its ambitious $109 … Continue reading Saudi Arabia sets out roadmap for 41 GW of solar power and 9 GW of wind energy capacity by 2032
Continue readingSaudi Arabia plans to install 54 GW of solar power (PV and CSP) and wind energy capacity by 2032
King Abdullah City for Atomic and Renewable Energy (KA-CARE) unveiled a white paper detailing the tender processes for new solar photovoltaic (PV) and concentrated solar thermal power plants, wind farms, geothermal energy facilities and waste-to-energy plants. The first three rounds of contracts are now expected to be awarded before 2015, with a view to creating … Continue reading Saudi Arabia plans to install 54 GW of solar power (PV and CSP) and wind energy capacity by 2032
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Saudi Arabia unveils plans to build 41 GW of solar PV and Concentrated Solar Power (CSP) plants
The King Abdullah City for Atomic and Renewable Energy (K.A.CARE, Riyadh, Saudi Arabia) has issued a white paper outlining its plans to build 41 GW of solar photovoltaic (PV) and concentrating solar power (CSP) projects by 2032. These projects will represent an estimated investment of over USD 60 billion. As a first step, K.A.CARE will … Continue reading Saudi Arabia unveils plans to build 41 GW of solar PV and Concentrated Solar Power (CSP) plants
Continue readingSaudi Arabia launches massive solar power procurement program
Saudi Arabia’s King Abdullah City for Atomic and Renewable Energy (K.A.CARE) has issued its long-awaited White Paper paving the way towards the deployment of 41 gigawatts of solar power projects worth over $60 billion. http://www.helioscsp.com/noticia.php?id_not=1638
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Solar energy revolution in the Gulf
In the middle of a desert area 140 kilometers outside the oil centre Abu Dhabi, row on row of curved mirrors sparkle in the blazing sun. SHAMS1, the first Concentrated Solar Power or CSP plant in the Middle East will soon provide up to 20,000 homes with climate-friendly power. Oil-rich Abu Dhabi aims to cover … Continue reading Solar energy revolution in the Gulf
Continue readingConcentrating 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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Palen Concentrated Solar Power (CSP) project cuts down the public land acreage by 572 acres
BrightSource says its redesign of Solar Millennium’s original project cuts down the public land acreage by 572 acres. BrightSource Energy has provided the California Energy Commission (CEC) with more details on its proposed redesign of the Palen Concentrating Solar Power Plant and it looks like the project’s possible impact on habitat for the Mojave fringe-toed … Continue reading Palen Concentrated Solar Power (CSP) project cuts down the public land acreage by 572 acres
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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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