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 plant will power 200,000 households upon completion Redstone CSP Closes Financing May 2021 – ACWA Power Commercial operation scheduled to start in Q4 2023 ACWA Power, a leading Saudi developer, investor and … Continue reading 100 MW Redstone Concentrated Solar Power with 12 Hours Daily Thermal Energy Storage Closes Financing
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Enel starts 1.5GW of wind energy and solar power in the United States
Enel Green Power North America has started construction on five new renewable energy projects in the US, including three hybrid renewable + storage projects and it’s largest solar plant in the US.The new wind, solar and hybrid projects are located in Texas (Roseland solar + storage, Blue Jay solar + storage and Ranchland wind + … Continue reading Enel starts 1.5GW of wind energy and solar power in the United States
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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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RWE researches large-scale storage for green electricity in salt caverns
RWE Gas Storage West GmbH and CMBlu Energy AG have initiated a collaborative project to investigate how RWE can utilise the salt caverns currently used for gas storage as large-scale, organic flow batteries. These underground caverns could potentially store capacities of up to several gigawatt hours of electricity from renewable sources. By comparison, Europe’s largest … Continue reading RWE researches large-scale storage for green electricity in salt caverns
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Chile plans hybrid wind energy and solar power storage plant
AES Gener has taken an important step in developing a mammoth hybrid renewable energy project in Chile, after it has submitted the environmental impact statement for its planned 862.5MW wind power + solar energy + storage hybrid Parque Terra Energía Renovable project. AES Gener submitted the Environment Impact Study to the Servicio de Evaluación Ambiental … Continue reading Chile plans hybrid wind energy and solar power storage plant
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Is Concentrated Solar Power a Trillion Dollar Opportunity?
Solar thermal can produce clean heat to run processes that cause a third of global carbon emissions. In this article, I argue that a $1 Trillion pot of gold may await the right solutions. Due to costs and other barriers, solar thermal’s present footprint on the global energy production map is negligible. Industry experts agree … Continue reading Is Concentrated Solar Power a Trillion Dollar Opportunity?
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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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Enel Green Power starts construction of its first renewables + storage project in North America
Enel Green Power started construction of the Lily solar + storage project, its first hybrid project in North America that integrates a renewable energy plant with utility-scale battery storage. By pairing the two technologies, Enel can store energy generated by the renewable plants to be delivered when needed, such as to help smooth the supply … Continue reading Enel Green Power starts construction of its first renewables + storage project in North America
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Battery Storage Paves Way for a Renewable-powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies can be used for a variety of applications in the power sector, from e-mobility and … Continue reading Battery Storage Paves Way for a Renewable-powered Future
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Concentrated Solar Power Storage for a 100% Clean Energy Southwest
A recent forum in Sacramento sponsored by the World Bank and SolarPACES brought together Concentrated Solar Power (CSP) developers with energy buyers in the US western states to learn from each other how CSP’s low cost thermal energy storage (CSP+TES) fits in with a future 100% renewable grid. The ATA Insights forum; The Role of … Continue reading Concentrated Solar Power Storage for a 100% Clean Energy Southwest
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Ørsted to build landmark solar & storage project
Ørsted announced today that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar plus battery storage project, the 460megawatt (MWac) Permian Energy Center. The facility is located in Andrews County, Texas, and will come online in mid-2021. Upon completion of the Permian Energy Center, Ørsted … Continue reading Ørsted to build landmark solar & storage project
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US Lists $30 Million in 2019 Concentrated Solar Power Research Awards
Today, the U.S. Department of Energy (DOE) announced selections for $128 million in new projects to advance solar technologies. Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, DOE will fund 75 innovative research projects that will lower solar electricity costs, while working to boost solar manufacturing, reduce red tape, and … Continue reading US Lists $30 Million in 2019 Concentrated Solar Power Research Awards
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TESS technology for concentrated solar power plants
Technologies developed by researchers at the U.S. Department of Energy’s (DOE) Argonne National Laboratory and partner organizations have won nine 2019 R&D 100 awards. The awards program, sometimes called the ?«Oscars of Innovation,» honors revolutionary ideas in science and technology and the innovators behind them. Argonne submitted 12 technologies, eight of which were named as … Continue reading TESS technology for concentrated solar power plants
Continue readingMolten salt storage in concentrated solar power plants
The first thing you see of the Crescent Dunes Solar Energy Facility, and you can be miles away, is a light so bright you can’t look directly at it. This sits atop a 640-foot cement tower, rising from the flat, empty Nevada desert around the halfway point on the highway from Reno to Las Vegas. … Continue reading Molten salt storage in concentrated solar power plants
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Concentrated Solar Power, renewable and storage, by Luis Crespo (Protermosolar)
Who has said that renewables will always need the support of fossil or nuclear technologies to provide the supply? It is true that the cheapest and most widespread technologies in Spain, such as wind energy and photovoltaic, do not have storage in centralized facilities (wind farms and photovoltaic plants) and that add some hour of … Continue reading Concentrated Solar Power, renewable and storage, by Luis Crespo (Protermosolar)
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EDPR secures a PPA for its first large scale renewable project with storage
EDP Renováveis (EDP Renewables, Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, , through its fully owned subsidiary EDP Renewables North America LLC, has secured a 20-year Power Purchase Agreement (“PPA”), with East Bay Community Energy (“EBCE”), to sell 100 MW of solar energy … Continue reading EDPR secures a PPA for its first large scale renewable project with storage
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American Wind Energy Association (AWEA) endorses energy storage ITC bill in Senate
Encouraging investment in America’s energy storage systems would improve grid resilience, create new clean energy jobs and bring the grid into the 21st century. Senators Heinrich (D-NM) and Gardner (R-CO) introduced bipartisan legislation to create an energy storage investment tax credit (ITC). It currently has 10 cosponsors representing a diverse collection of states. The legislation, … Continue reading American Wind Energy Association (AWEA) endorses energy storage ITC bill in Senate
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Storage power plant inaugurated at Curslack wind farm
Michael Westhagemann, the Senator for Economics, Transport and Innovation of the City of Hamburg, today officially commissioned the storage power plant at the Curslack wind farm in Hamburg-Bergedorf. At the core of the system is a system linking the five wind turbines operated at the wind farm with a new battery storage facility, which is … Continue reading Storage power plant inaugurated at Curslack wind farm
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Siemens Gamesa’s high-performance energy storage facility enters final construction phase
To kick off the Global Wind Summit, comprising WindEnergy Hamburg, the world’s leading wind energy expo, and the global WindEurope conference, Siemens Gamesa Renewable Energy (SGRE) will celebrate the topping-out ceremony of its electric thermal energy storage (ETES) facility in Hamburg-Altenwerder. With this innovative storage system, Siemens Gamesa is providing an answer to one of … Continue reading Siemens Gamesa’s high-performance energy storage facility enters final construction phase
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Hybrid Solar Wind Energy Storage Market Size Set for Continued Growth over 2024
he Hybrid Solar Wind Energy Storage Market is set to grow from its current market value of more than $1 billion to over $1.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Introduction of several targets and norms to promote the adoption of sustainable energy across the commercial buildings … Continue reading Hybrid Solar Wind Energy Storage Market Size Set for Continued Growth over 2024
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