parabolic trough solar News
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150 MW is the optimal plant size new report finds
150 MW is the ideal plant size, according to the new Concentrated Solar Power Parabolic Trough: Cost & Performance Report. The new report looks at how the development of larger than 50MW CSP plants in the US (from 100 to 280 MW) has revealed cost saving benefits. When increasing plant capacity, the relatively lower cost of components will contribute to a lower Levelized Energy Cost (LCOE). ...
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Reductions in O&M costs offer a large scope for CSP cost reductions finds CSP report
The capital cost of Parabolic Trough plants is one of the most restrictive characteristics of Parabolic Trough technology, accounting for 40-45% of the total lifetime cost. This is one of the findings of the new report “Concentrated Solar Power Parabolic Trough: Cost & Performance” by CSP Today It is therefore essential to identify the main cost drivers and to identify how these ...
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Reductions in O&M costs offer a large scope for CSP cost reductions Finds CSP Report
The capital cost of Parabolic Trough plants is one of the most restrictive characteristics of Parabolic Trough technology, accounting for 40-45% of the total lifetime cost. This is one of the findings of the new report “Concentrated Solar Power Parabolic Trough: Cost & Performance” by CSP Today It is therefore essential to identify the main cost drivers and to identify how ...
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NextEra Energy Resources` Subsidiary Closes on $935 Million Financing and Secures a DOE Loan Guarantee for its Genesis Solar Project
NextEra Energy Resources, LLC, announced that its subsidiary, Genesis Solar, LLC, has closed on construction and term financing consisting of $702 million in project bonds, a $150 million project term loan facility and an $83 million project letter of credit facility. The U.S. Department of Energy has provided a loan guarantee of 80 percent of the principal and interest on the project bonds and ...
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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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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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Industry gearing up for high-performance CSP projects in Saudi Arabia
As part of the recent announcement of the 6th Middle East and North Africa Solar Conference 2014 (MENASOL, 6-7 May, Dubai), CSP Today has produced “CSP Prospects in Saudi Arabia: 2014” a guide providing detailed business intelligence on choosing the best CSP technology for plants and preparing accurate cost projections. Saudi Arabia remains a nation with huge potential for both CSP ...
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NREL scientists lauded as industry Pioneers
At the recent World Renewable Energy Congress/Network (WREN) in Abu Dhabi, three researchers from the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) were named WREN Pioneers. Dr. Falah Hasoon, Dr. Chuck Kutscher and Dr. David Renné were recognized for the impact their discoveries and innovations have made to the progress and acceptance of renewable ...
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Award-Winning Reflector to Cut Solar Cost
Huge parabolic mirrors catching the sun's rays could crisscross America's deserts soon, thanks to a breakthrough that may greatly lower the cost of solar power. A small solar company has teamed with scientists at the National Renewable Energy Laboratory to develop massive curved sheets of metal that have the potential to be 30 percent less expensive than today's best collectors of concentrated ...
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BrightSource Energy Files Application for Certification for Rio Mesa Solar Electric Generating Facility
BrightSource Energy, Inc., a leading solar thermal technology company, has filed an Application for Certification (AFC) with the California Energy Commission to develop three 250 megawatt (nominal) solar power plants (750 megawatts combined) in California’s Riverside County. The plants, which will be located primarily on land owned by the Metropolitan ...
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Golden opportunity to visit Shams 1 and Masdar City in May
CSP Today, PV Insider and Masdar are pleased to announce that delegates at MENASOL 2012 (16-17 May, Abu Dhabi) will have the unique opportunity to visit the CSP plant Shams 1 & Masdar City’s 10MW PV Plant. Shams 1 is being constructed in Madinat Zayed in the western region of Abu Dhabi. At 65 per cent completion, the plant is expected to go into commissioning towards the end of the ...
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Acciona Energy invests EUR 500m in two solar thermal power plants in Spain
The facilities will be operational in 2010 and will produce 244 million kWh a year, equivalent to the consumption of 75,000 homes The plants will cover 260 hectares -equivalent to 364 soccer fields-, with 1,520 collectors and 364,800 mirrors receiving the sun's rays ACCIONA is the first Spanish company with a commercially operational plant (Nevada Solar One, in the USA) that uses parabolic ...
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Concentrated Solar Power Could Supply 11.3% of Global Electricity by 2050
Global concentrated solar power (CSP) markets are growing faster than ever. CSP's dispatchability, increased efficiency and track record in innovation has led to projections that by 2050, with appropriate support, CSP could provide 11.3% of global electricity, with 9.6% from solar power and 1.7% from backup fuels (fossil fuels or biomass). For investors, business leaders, and project managers, ...
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Abengoa Begins Construction on Two CSP Plants Awarded by the South Africa Department of Energy
Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, announced today that it has begun construction on the 50 MW solar power tower Khi Solar One and the 100 MW parabolic trough plant KaXu Solar One in South Africa. The concentrating solar power (CSP) plants were two of the 28 renewable energy projects ...
By Abengoa
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Influx of PV firms into China CSP set to boost funding, cut tech costs
United PV’s recently awarded 100 MW CSP plant in China signals a new movement of PV developers into the CSP market, building on gains made in an increasingly crowded PV sector and bringing investment and potential technology improvements to CSP projects, industry sources said. United PV Group announced in August it had won the bid to develop a 100 MW CSP plant in Shanxi province in eastern ...
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Solar thermal electricity: catching the eye of utility companies
The American Southwest has some of the greatest solar resources on the globe, it yet remains largely untapped. This trend may be changing as solar technology matures, market forces shift and concern for climate change mounts. One of the most common arguments against large-scale use of renewable energy is that it cannot produce a steady, reliable stream of energy, day and night. Ausra Inc. does ...
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Abengoa, international leader for power transmission and solar energy projects
The company holds some of the most important positions in the prestigious ranking of leading international contractors published by the magazine Engineering News-Record (ENR). Abengoa (MCE: ABG. B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been recognized as a leading company in the ...
By Abengoa
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Innovative solar power plant to boost national grid launched at the height of South African energy challenges
KaXu Solar One is the first Solar Thermal Electric power plant in commercial operation in South Africa. This public-private partnership helps meeting the energy needs of South Africa in a reliable and sustainable manner using innovative technology. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy ...
By Abengoa
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Thermal storage innovations are instrumental in increasing performance and reducing CSP costs
Thermal storage will affect the Levelized Energy Cost (LCOE) of Parabolic Troughs. This is one of the findings of a new report from CSP Today “Concentrated Solar Power Parabolic Trough: Cost & Performance”. According to the report, when adding storage capacity, the capital cost rises with the increased solar field size, while the capacity factor – and therefore the annual ...
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Thermal Storage Innovations are instrumental in increasing performance and reducing CSP costs
Thermal storage will affect the Levelized Energy Cost (LCOE) of Parabolic Troughs. This is one of the findings of a new report from CSP Today “Concentrated Solar Power Parabolic Trough: Cost & Performance”. According to the report, when adding storage capacity, the capital cost rises with the increased solar field size, while the capacity factor – and therefore the annual ...
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