Tag Archives: termosolar

TSK sells its La Africana concentrated solar power plant to the Q-Energy fund

TSK has agreed to sell its solar power plants in operation in Spain to Q-Energy, Qualitas Equity’s renewable asset fund manager. The company chaired by Sabino García Vallina has thus transferred a part of its subsidiary Esersa, for which a year ago it explored the possibility of going public. Specifically, it has transferred its stakes … Continue reading TSK sells its La Africana concentrated solar power plant to the Q-Energy fund

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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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Saudi Arabia’s wind energy, Concentrated Solar Power and PV could generate up to 750,000 jobs by 2030

The development of Saudi Arabia’s renewable energy sector could lead to the creation of up to 750,000 jobs over the next decade, as the kingdom aims to derive 7 percent of its total electricity production from wind, photovoltaic and thermosolar by 2030. Solar photovoltaic and Concentrated Solar Power will account for 77 percent of all … Continue reading Saudi Arabia’s wind energy, Concentrated Solar Power and PV could generate up to 750,000 jobs by 2030

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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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Energy potential of concentrated solar power for Europe

In the light of the EU 2030 climate & energy framework, MUSTEC (Market uptake of solar thermal electricity through cooperation) aims to explore and propose concrete solutions to overcome the barriers that hinder the deployment of concentrated solar power (CSP) cooperation projects. CSP has a high potential in supplying renewable electricity on demand not only … Continue reading Energy potential of concentrated solar power for Europe

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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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Concentrated Solar Power reaches 796 GWh generated in July in Spain, 10% more than last year

Solar thermal energy has reached 796 gigawatt hours (GWh) of electricity generation in July, which represents 10% more than in the same month last year, according to data from Red Eléctrica (REE) collected by the Spanish Association for Promotion of the Thermosolar Industry (Protermosolar). In addition, this Concentrated Solar Power generation has accounted for 3.57% … Continue reading Concentrated Solar Power reaches 796 GWh generated in July in Spain, 10% more than last year

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Why invest in Concentrating Solar Power?

Why is Bill Gates backing a Concentrated Solar Power company?  What is oil major ENI doing with a CSP start-up? Why has Zurich airport agreed to purchase aviation fuel from a solar thermal company? Why are investors purchasing operating Concentrating Solar Power plants? Many investors have written-off CSP in favour of investments PV and wind. This … Continue reading Why invest in Concentrating Solar Power?

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Demand for electrical energy in Spain falls 3.8% in July

Demand for electrical energy in Spain fell by 3.8% in July: wind energy produced 37.9%, concentrated solar power 3.5% and photovoltaic 7.9%  The demand for electrical energy decreased in the Balearic Islands by 26.8% and in the Canary Islands by 9.4% compared to the same month of 2019.Solar photovoltaic produced 89.9% more than in July … Continue reading Demand for electrical energy in Spain falls 3.8% in July

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The cost of Concentrated Solar Power fell by 47% between 2010 and 2019

The weighted average LCOE of Concentrated Solar Power plants fell by 47% between 2010 and 2019, from USD 0.346/kWh to USD 0.182/kWh, excluding two much delayed projects that are not representative of today’s optimised technology configuration that were commissioned in 2019. The global weighted-average total installed costs of Concentrating Solar Power plants commissioned in 2019 … Continue reading The cost of Concentrated Solar Power fell by 47% between 2010 and 2019

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US team build concentrated solar power heat concept at $30/MWh

A research team led by Tulane University and the University of San Diego has developed a hybrid solar energy converter that generates electricity and steam at a levelized cost of $30/MWh, Tulane University said in a statement July 15. The research project began in 2014, supported by $3.3 million of funding from the U.S. Department … Continue reading US team build concentrated solar power heat concept at $30/MWh

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Australian mining town picked for first large Concentrated Solar Power plant

Vast Solar in talks to build Concentrated Solar Power plant in Queensland. Vast Solar is in talks to build a 50 MW hybrid Concentrated Solar Power -PV-gas plant in the off-grid Mount Isa mining town in Queensland, Australia, local media reported. The A$600 million ($420.0 million) plant would combine Concentrating Solar Power with 14 hours … Continue reading Australian mining town picked for first large Concentrated Solar Power plant

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Kalulushi concentrated solar power plant (CSP) in Zambia

The Zambian subsidiary of the Chinese giant Sinohydro has been chosen to carry out the civil engineering work for the construction of the Kalulushi solar concentrated power plant (SCP) in the copper belt province. The project is being developed by the Independent Power Producer (IPP) Margam Valley Solar Energy Corporation. In Zambia, the results of … Continue reading Kalulushi concentrated solar power plant (CSP) in Zambia

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Protermosolar asks the spanish government for specific renewable technology auctions

With this type of auction, the growth of each technology could be guaranteed to comply with the PNIEC and monitor the evolution of the cost of each one. Another option would be to promote auctions by definition of dispatch profiles or exclusive generation windows. The Spanish Association for the Promotion of the Solar Thermal Industry … Continue reading Protermosolar asks the spanish government for specific renewable technology auctions

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Gonzalo Martín, general secretary of Protermosolar «I am fully confident that Spain can once again become the world Concentrating Solar Power leader»

The new Secretary General of Protermosolar is convinced that Concentrating Solar Power is the cornerstone to achieve the complete decarbonization of the Spanish energy system, by ensuring massive energy storage and providing firm and planned back-up for intermittent renewable sources like photovoltaic and wind energy. He also believes that if both the Government and companies … Continue reading Gonzalo Martín, general secretary of Protermosolar «I am fully confident that Spain can once again become the world Concentrating Solar Power leader»

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The Concentrated Solar Power industry has become increasingly diverse

The Concentrated Solar Power industry has become increasingly diverse geographically, in terms of the location of commercial plants as well as the origins of developers, investors and contractors involved in project implementation. CSP projects that either entered operations or were under construction during 2019 involved lead developers and investors from at least eight countries including … Continue reading The Concentrated Solar Power industry has become increasingly diverse

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Concentrated Solar Power capacity grew 11% in 2019 to 6.2 GW

Global Concentrated Solar Power capacity grew 11% in 2019 to 6.2 GW, with 600 MW of capacity coming online. Although this was well below the average annual increase (24%) of the past decade, Concentrating Solar Power continued to spread to new markets, including France, Israel and Kuwait. China and South Africa also brought new plants … Continue reading Concentrated Solar Power capacity grew 11% in 2019 to 6.2 GW

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Spain’s electricity demand falls 8.5% in June

Wind energy power represented 17.3%, concentrated solar power 3.9% and photovoltaic 9.2%. Spain’s electricity demand fell 8.5% in June. 43.9% of the monthly generation was from renewable sources and 63.5% were produced from technologies that do not emit CO2 equivalent.The demand for electrical energy decreased in the Balearic Islands by 33.3% and in the Canary … Continue reading Spain’s electricity demand falls 8.5% in June

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Protermosolar celebrates the publication for public consultation of the new Economic Regime for Renewable Energies in Spain

The Spanish Association for the Promotion of the Solar Thermal Industry (Protermosolar) celebrates the publication for public consultation by the Ministry for the Ecological Transition and the Demographic Challenge of the new Economic Regime for Renewable Energies that, according to Protermosolar, simplifies the previous specific remuneration regime.For Protermosolar, one of the most attractive aspects of … Continue reading Protermosolar celebrates the publication for public consultation of the new Economic Regime for Renewable Energies in Spain

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