Abstract: Saudi Arabia plans to shift a large portion of its domestic energy production away from fossil fuel towards solar energy by 2030. Yet, the solar energy pool is mainly targeting photovoltaic technology. This study analyzes the potential of cleaner energy...
The world’s largest concentrated solar power (CSP) project was inaugurated in Dubai on Wednesday as part of the fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Park. With a total investment of $4.3 billion (AED15.78 billion), the fourth phase covers an area...
According to Fady Elsayed Senior Project Development Manager, Southern Africa, at Infinity Power, the Egyptian Government has launched a tender for five concentrated solar power plants on the north coast: "The Egyptian Electricity Holding Company (EEHC) has launched a...
Latest CSP in Construction: 2023 DEWA "NOOR" 700 MW Tower & Trough CSP project SolarPACES-NREL database: CSP plants in the United Arab Emirates The world's largest CSP complex will be the 700 MW solar project at the Mohammed Bin Rashid Al Maktoum Solar Park, about...
Herlogas, in collaboration with Shanghai Electric, has now successfully melted 340,000 tons of salt for molten salt thermal energy storage and preheated 14 salt tanks at the largest concentrated solar power plant in the world, DEWA 's 700 MW CSP project NOOR I at the...
[ED: ACWA Power's CSP projects, developed in whole or in part include Bokpoort and Redstone in South Africa, parts of DEWA in Dubai and NOOR I,II and III in Morocco. It has consistently broken current CSP prices with new record low prices, and broken week-long...
ACWA Power has announced the commercial operation of the world's tallest solar power tower at its Noor Energy 1 project in Dubai. The 100 MW central tower is part of the 950 MW solar Independent Power Project (IPP) that comprises 700 MW of CSP (600 MW of Trough and...
The energy stored in 700 MW of Shanghai Electric's trough tower CSP, once all units are operational, can generate power continuously for a maximum of 13.5 hours at night and 15 hours during periods of inclement weather. Source: Shanghai Electric for CSPFocus On...
Acwa Power's Redstone project construction is well underway and is currently in its ninth month of construction, with commercial operation scheduled to start in Q4 2023. The engineering works for the project is over 58% completed, whereas procurement and...
SolarPACES interviewed Bernard Geldenhuys, the Senior Transactor in the Power and Infrastructure team at Investec Bank, a lender with 8,300 employees that has been closely involved in the 100 MW Redstone solar power tower since 2018, when its delayed PPA was signed...
PRESS RELEASE ACWA Power has led South Africa’s largest renewable energy project Redstone CSP to financial close The ZAR 11.6 billion Redstone concentrated solar power (CSP) plant will power 200,000 households upon completion Commercial operation scheduled to start in...
Reuters: Saudi fund raises ownership stake in ACWA Power to 50% -statement CAIRO/DUBAI (Reuters) - The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power to 50% from 33.6% as part of a move to...
CSP uses thermal power blocks like coal plants, but the advantage is that sunlight is the “fuel” so solar can be stored for very long periods
Bokpoort’s thermal storage also powered the grid during the critical evening peak of 4pm – 10pm daily with about 82% Peak Hour Load Factor
Testing laboratories in Germany, France and Spain have confirmed the effectiveness of a new high-performance (97% absorbance) optical coating developed by Brightsource Energy, that can be “solar-cured” directly atop the receiver of tower CSP, like Brightsource is...
SENER is about to start the final tests at Noor Ouarzazate III, after completing the first synchronization of the 150 MW Concentrated Solar Power (CSP) plant to the Moroccan grid. With these milestones, SENER starts the last phase before the plant’s commercial...
The first-ever 35-year solar power contract – ACWA Power’s with DEWA in Dubai – had a record-low price, for CSP+storage of just 7.3 cents per kWh. Did a longer contract enable the record low price?
Agreements opening the way for the construction of 27 renewable-energy independent power producer (IPP) projects, with a combined investment value of R56-billion and a combined capacity of 2 300 MW, were finally signed on Wednesday April 4, after a confidence-sapping delay of over two years.
Gulf Base reports: Saudi Arabia-based ACWA Power, the power and desalination plant producer, could go public within the next two years, according to its CEO and President Paddy Padmanathan. ACWA, which has garnered a reputation for building renewable energy projects...
The moment the market received a signal that a large number of gigawatts would be tendered, “costs came crashing down. That is what CSP arguably needs, and I think we’re not that far from that point.” CSP Today reports: The tender process favored by the likes of Chile...
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