Brazil is also facing energy issues as electricity prices continue to rise. But the Brazilians are now turning to an power source that’s been around for four and a half billion years: It’s the sun. And thanks to rapid advances in solar panel technology, the country’s future in energy is looking a bit brighter. There … Continue reading Brazil taps into solar energy
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Abengoa closes USD 660 million project financing for Concentrated Solar Power (CSP) Xina Solar One
Concentrated Solar Power (CSP) Xina Solar One will help South Africa meet its ongoing energy demands and contribute to grid stability by serving clean and dispatchable electricity. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, announced today that it has, with … Continue reading Abengoa closes USD 660 million project financing for Concentrated Solar Power (CSP) Xina Solar One
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Namibia looking to develop Concentrated Solar Power (CSP) with storage
Following South Africa’s concentrated solar power (CSP) success, Namibian utility NamPower and the Ministry of Mines and Energy are working on a CSP plant of at least 50 MW. Following South Africa’s concentrated solar power (CSP) success in the Renewable Energy Independent Power Producer Procurement Programme, Namibian utility NamPower and the Ministry of … Continue reading Namibia looking to develop Concentrated Solar Power (CSP) with storage
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767 MW of concentrated solar power (CSP) came on-line in 2014 in USA
2014 was the largest year ever for concentrating solar power, with 767 MW brought on-line. Notable project completions include the 392 MW Ivanpah project. Genesis Solar project’s second phase of 125 MW and Abengoa’s Mojave Solar (250 MW), which achieved commercial operation in December 2014. As of the end of 2014, cumulative operating PV in … Continue reading 767 MW of concentrated solar power (CSP) came on-line in 2014 in USA
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Concentrated Solar Power would need to meet 8%-10% of global electricity demand by 2050
The best sites are between 10° and 40°, South or North. As you can see in the chart below, this makes a huge difference, a CSP in Chile might cost half as much as one in Spain. Locating a plant with a solar irradiance of 2,700 kWh/m2 would decrease the generation cost by 25% compared with … Continue reading Concentrated Solar Power would need to meet 8%-10% of global electricity demand by 2050
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ABB and Solar Impulse start historic round-the-world flight
ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the first round-the-world flight in a plane powered only by energy from the sun. The airplane is scheduled to take off from Abu Dhabi tomorrow. In 2014, ABB and Solar Impulse formed an innovation and technology … Continue reading ABB and Solar Impulse start historic round-the-world flight
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Egypt: 10-Megawatt Solar Energy Plant Inaugurated in Siwa
During inaugurating of the facility, Shaker said that the plant is to produce 10 megawatts of electricity. “It contributes to meeting Siwa’s energy needs and will boost social and economic development in the oasis,” the Minister said. He hailed the UAE’s support for Egypt in all fields, asserting the deeply-rooted ties between both countries. … Continue reading Egypt: 10-Megawatt Solar Energy Plant Inaugurated in Siwa
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Installed Concentrated Solar Power (CSP) capacity now over 4.5 GW
The installed Concentrated Solar Power (CSP) capacity now stands at over 4.5 GW, with a further 11 GW in the pipeline. The March 2015 edition of the CSP Today Quarterly Update examines which markets have shown the most amount of growth over the past three months and what to expect from them in the coming … Continue reading Installed Concentrated Solar Power (CSP) capacity now over 4.5 GW
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Ghana plans 100 MW solar energy plant
West African based renewable energy company Home Energy Africa is conducting feasibility studies to construct a $200 million (ZAR2 billion) solar power plant in Nyinbali in the Ndowli-Kaleo district, Ghana. The utility-scale power project is expected to generated 100MW of solar power that will be sold to the Electricity Company of Ghana (ECG) to … Continue reading Ghana plans 100 MW solar energy plant
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SwRI to use DOE grant for Concentrated Solar Power technology
The US Department of Energy (DOE) has granted USD 4.9 million (EUR 4.4m) to the Southwest Research Institute (SwRI) so it could manufacture and test certain components for concentrated solar power (CSP) plants. Southwest Research Institute (SwRI) has been awarded $4.9 million by the U.S. Department of Energy (DOE) as part of a $9.9 million … Continue reading SwRI to use DOE grant for Concentrated Solar Power technology
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Egypt’s Sharm El-Sheikh to use solar power
Egypt aims to build solar power plants and wind energy facilities within the next three years, with a total capacity of 4,300 megawatts. The Egyptian government intends to use solar energy for all lighting in the resort city of Sharm el-Sheikh, which currently relies on solar energy for 70% of its lighting. Khaled Fouda, … Continue reading Egypt’s Sharm El-Sheikh to use solar power
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Indian Solar Energy Installations Totaled 883 MW in 2014
Indian solar power installations in calendar year 2014 totaled 883 MW, down 12 percent compared to 1,004 MW installed in 2013. Mercom’s 2015 forecast is unchanged at approximately 1,800 MW with some upside. The Indian solar industry remains positive as solar programs are being announced with increased frequency and the installation goal continues to … Continue reading Indian Solar Energy Installations Totaled 883 MW in 2014
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Oman’s first solar power plant to start operation in May
Oman’s first commercial renewable power project is set to go operational by May at Al Mazyunah in Dhofar, according to a report. The 303kW solar power plant, executed by US-based Astonfield and local firm Multitech, will be the first such commercial venture linked to the electricity network, said the Oman Tribune report. The technology used … Continue reading Oman’s first solar power plant to start operation in May
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Sierra Leone first solar power plant
A significant milestone in the Energy Sector transformation was achieved when Ambassador Henry Macauley signed a medium term Memoranda of Understanding (MoU) with Sinohydro Corporation Limited of China at the Sierra Leone Embassy in Abu Dhabi, last Thursday. The move is in line with the medium term energy sector strategy presented by the Ministry last … Continue reading Sierra Leone first solar power plant
Continue readingThe first Concentrated Solar Power (CSP) South Africa opens
KaXu Solar One is the first Concentrated Solar Power (CSP) plant in commercial operation in South Africa. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, and state-owned financier, the Industrial Development Corporation (IDC), together with KaXu Community Trust have launched … Continue reading The first Concentrated Solar Power (CSP) South Africa opens
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China builds Solar Power Photovoltaic in desert
China is building a huge photovoltaic (PV) solar power generation base in the Ulan Buh Desert, the country’s eighth largest desert, to boost new energy development. The base is located in Dengkou County in north China’s Inner Mongolia Autonomous Region. A number of energy companies are expected to invest 4.9 billion yuan (797 million … Continue reading China builds Solar Power Photovoltaic in desert
Continue readingACWA Power Gets $344m Loan For Dubai Solar Energy Project
Saudi Arabia’s ACWA Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday. The 27-year amortising loan with an interest rate of four per cent is being provided by Abu Dhabi’s First Gulf Bank and two Saudi … Continue reading ACWA Power Gets $344m Loan For Dubai Solar Energy Project
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Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts
Concentrated solar power molten salt storage units at a level below $100 million in 2009 are anticipated to reach $13.6 billion by 2016. WinterGreen Research announces that it has a new study on Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP): Market Shares and Forecasts, Worldwide, 2010-2016. The 2010 study has 309 … Continue reading Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts
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Google Invests $75 Million in solar power
Google continues to widen its portfolio of investment in renewable energy, as the tech giant announced Thursday that it partnered with SolarCity to create a new $75 million fund, through which the company will buy and own solar-panel generators on the roofs of several thousand U.S. homes. There will be no upfront cost to the homeowners. Google also … Continue reading Google Invests $75 Million in solar power
Continue readingSolar power set to become cheapest source of energy over next decade
Solar photovoltaic prices have fallen by 80 per cent since 2008. In 2013, commercial solar power cost the same to produce as other sources of electricity in Italy, Germany and Spain, and is expected to do so soon in Mexico and France. Solar energy is set to become the cheapest source of electricity in many … Continue reading Solar power set to become cheapest source of energy over next decade
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