Jan 13, 2021
May 22, 2019
The 150 MW Noor III CSP tower in Morocco has exceeded performance targets on output and storage integration in the first few months of operation and financing costs for tower storage projects should fall in line with parabolic trough rates going forward, Xavier Lara, Senior Consultant at CSP engineering group Empresarios Agrupados (EA), told New Energy Update.
May 8, 2019
Rising power demand and renewables in Texas could support several gigawatts of CSP capacity in the 2030s but gas and battery prices remain a key risk for developers, Caitlin Murphy, Senior Energy Policy Analyst at the National Renewable Energy Laboratory (NREL), told New Energy Update.
Apr 17, 2019
Supplier innovations at the 950 MW Noor Energy 1 project will increase construction and operations efficiency and propel the CSP industry closer to $50/MWh, industry experts told the Mena New Energy 2019 conference.
Apr 3, 2019
Vast Solar's modular CSP tower plant with sodium transfer fluid will be competitive with coal and gas plants at scale and the Australian developer could build its first commercial plant by 2022, Craig Wood, CEO of Vast Solar, told New Energy Update.
Mar 13, 2019
Suppliers to ACWA Power's 950 MW Noor Energy 1 plant are using enhanced strength and design features to ensure reliability throughout the 35-year power purchase agreement (PPA), the companies told New Energy Update.
Feb 27, 2019
Industrial power and heat developers are adapting designs to minimize construction costs and shorten payback periods and greater financing support could see costs fall by a half, industry experts told New Energy Update.
Feb 13, 2019
U.S. researchers have developed a heat exchanger material for advanced high-temperature CSP plants that can be manufactured at lower costs than existing materials, project leaders told New Energy Update.