molten salt thermal energy storage News
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ContourGlobal sells 49% stake in Spanish CSP plants; Africa’s AfDB agrees $212mn loan for Redstone CSP
ContourGlobal has agreed to sell 49% of 250 MW of Spanish CSP assets to a fund advised by Credit Suisse Energy Infrastructure Partners (CSEIP), ContourGlobal announced December 6. ContourGlobal purchased the five 50 MW assets from Spain's Acciona earlier this year. The plants are situated in south-west Spain and came online between 2009 and 2012. The new buyer will pay 134 million euros ($152.8 ...
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GlassPoint to develop new 2 GW CSP plant in Oman; Spain set to kickstart solar growth
GlassPoint Solar has signed a memorandum of understanding (MoU) with Occidental of Oman to develop a 2 GW CSP plant for enhanced oil recovery (EOR) at the Mukhaizna oilfield. Preliminary studies have been completed and the partners have started engineering work to define the project scope and field integration plans, the companies said in a joint statement. GlassPoint is already developing the ...
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247Solar to use advanced Chinese heliostats; Cerro Dominador starts salt melting
Modular CSP developer 247Solar to install advanced Chinese heliostats CSP developer 247Solar has signed a deal with China's CASEN for the supply of heliostats and control systems at its first demonstration high-temperature Brayton cycle CSP plant module in Morocco, the companies said in a joint statement February 20. 247Solar is currently building its first fully-operational demonstration ...
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DOE channels $44 million into CSP; Cubico fund buys 50 MW CSP plant in Spain
DOE prioritizes supercritical CSP in latest funding round The U.S. Department of Energy (DOE) is to provide up to $44 million to CSP-related R&D projects in its latest $125.5 million funding round for solar technologies, the DOE said February 5. The department is to provide a total of $39 million to one or two projects that build and demonstrate supercritical carbon dioxide (sCO2) Brayton ...
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Chile CSP pioneer signs PPA with Copec; Silicon storage to replace Aurora CSP project
Cerro Dominador signs PPA with Copec energy group Cerro Dominador, Latin America's first CSP plant, has signed a five-year power purchase agreement (PPA) with Chilean fuel distributor Copec, Cerro Dominador, a subsidiary of EIG Global Energy Partners, said December 11. Located on a 146-hectare site in the Atacama desert, the 110 MW Cerro Dominador plant will enter commercial operations this ...
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Receiver installed at Cerro Dominador; China starts build of nano tech storage
Abengoa, Acciona install receiver at Chile's Cerro Dominador EPC partners Abengoa and Acciona have installed the receiver at the 110 MW Cerro Dominador CSP tower project in Chile, Abengoa said in a statement March 5. Located in the Atacama Desert and due online this year, the Cerro Dominador plant is Latin America's first CSP plant and features a record 17.5 hours of molten salt thermal energy ...
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President Obama Announces a conditional commitment offer for a $1.45 billion Federal Loan Guarantee for Abengoa Solar Inc.
President Obama Announces a conditional commitment offer for a $1.45 billion Federal Loan Guarantee for Abengoa Solar Inc. Loan proceeds will be used for the construction of the Solana project (Solana), the largest concentrating solar power (CSP) plant in the world. Federal stimulus advances Solana toward construction. Sevilla, Spain. Loan proceeds will be used for the construction of the Solana ...
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Abengoa eyes CSP storage role at climate-hit coal plants
CSP and molten salt technology could help coal-fired generators decarbonize without closing sites, but price support will be needed, experts told New Energy Update. While many CSP developers are seeking to directly compete with coal-fired power generation, a small group of players see opportunities in working with coal plant operators. Many governments have sidelined growing climate change ...
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DOE funds 15 new solar power storage and heat transfer projects
U.S. Department of Energy (DOE) recently announced selections for negotiations of award under the Funding Opportunity Announcement (FOA), Advanced Heat Transfer Fluids and Novel Thermal Storage Concepts for Concentrating Solar Power Generation. These 15 new projects, for up to approximately $67.6 million, will facilitate the development of lower-cost energy storage for concentrating solar power ...
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CSP investors return to Spain as market outlook brightens
New tariff legislation, proven plant performance and a growing need for storage is increasing investor confidence in Spanish CSP ownership, investors told New Energy Update. Earlier this month, UK-based investment fund Cubico Sustainable Investments acquired the 50 MW Arenales Solar Plant in Seville, southern Spain, from the PanEuropean Infrastructure Fund. Online since 2013, the Arenales ...
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Abengoa beats CSP peak hour targets in new plant build record
In record time, Abengoa met granular performance targets at Xina Solar One that maximize evening output, highlighting the advancements made in CSP construction and operations. Last month, Abengoa passed early-phase generation tests at its 100 MW Xina Solar One CSP plant in South Africa in its fastest ever time, achieving guaranteed production targets within 16 months of plant commissioning. ...
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Bokpoort CSP hits supply record
Bokpoort CSP plant reaches record 161 hours of full-load operation ACWA Power’s Bokpoort CSP plant in South Africa’s Northern Cape Province has broken a record for the continuous, round-the-clock supply of electricity, ACWA announced on April 26. The newly inaugurated 50 MW plant produced electricity for 161 straight hours within the first month of its commercial operation. The ...
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CSP Parabolic trough innovations you can take to the bank
In today’s aggressive solar market, CSP parabolic trough innovations that increase parabolic trough plants’ operating efficiency are vital. Some innovations already promise to cut costs by up to 65%, according to the latest CSP Parabolic Trough Report: Cost and Performance now available is Spanish. So which are the most promising innovations out there, and which of these will prove ...
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Israel’s 121 MW Ashalim Plot B plant set for 50% expansion but regulation stunts other projects
“There is a very large shadow covering Israel’s real potential for CSP based applications. The reason for this shadow is primarily driven by existing energy laws, government regulation, political structure and incentive approach nationwide,” Gadot told CSP Today. Gadot’s comments come a month after Megalim, developer of Ashalim Plot B, said it is in talks with the ...
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CSP Parabolic trough innovations you can take to the bank
In today’s aggressive solar market, CSP parabolic trough innovations that increase parabolic trough plants’ operating efficiency are vital. Some innovations already promise to cut costs by up to 65%, according to the latest CSP Parabolic Trough Report: Cost and Performance now available is Spanish. So which are the most promising innovations out there, and which of these will prove ...
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Abengoa and Shikun & Binui Renewable Energy close project financing for Ashalim, a 110 MW solar power plant in Israel
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 closed, together with its partner the Israeli global infrastructure group Shikun & Binui, the non-recourse project financing for Ashalim. The total investment of the project will be approximately ...
By Abengoa
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Eni seeks CSP opportunities; Engie signs South African PPA
Eni rolls out renewables plan, eyes CSP Italian oil and gas producer Eni has announced that it will develop new renewable energy generation projects, including CSP plants, near the company’s facilities in Italy, Pakistan and Egypt in order to make the most of industrial, logistic, contractual and commercial synergies with the company's traditional activities. The projects will help revive ...
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