Tag Archives: CSP
Climate Investment Funds Give North Africa and Middle East Green Light for Revised Regional Solar Plan
AfDB/World Bank-supported plan to generate more than a gigawatt of power
The 1st dedicated exhibition for the PV and solar industries of the MENA region 3–5 September 2013 The United Arab Emirates (UAE) has officially opened its first big solar energy plant, the three companies behind the project said in a statement. The 100-megawatt (MW) Shams 1 concentrated solar plant (CSP) took the UAE’s Masdar, France’s Total and Spain’s Abengoa three years to build at a cost of around $600 million. Shams 1 is one of the largest CSP projects in the world and by far the largest solar plant in a fossil fuel reliant region that lags far behind much of Europe, the Americas and Asia in renewable energy. “The region is faced with meeting its rising demand for energy, while also working to reduce its carbon footprint,” Masdar Chief Executive Sultan Ahmed Al Jaber said in a statement to mark the opening of the plant. The UAE’s richest emirate is targeting 7 percent of electricity from alternative sources by 2020. By comparison, that goal was exceeded by 21 of the 27 EU member states four years ago. Shams 1 capacity, which is 10 times larger than the next largest plant in the country, is enough to supply 20,000 UAE homes and will be especially useful for meeting peak demand on hot summer days. “It is apparent that whilst the solar industry in other areas is struggling, right across MENA, the opportunities for companies to get themselves involved with the wealth of opportunities that are presenting themselves. Right now, nothing is hotter for solar than the Middle East” says Derek Burston, exhibition manager, GulfSol 2013. “It is this reason that since the beginning of the year there has been a real surge in space reservations at this year’s inaugural GulfSol exhibition, which will be in Dubai in September. As the only truly dedicated solar and PV show, the exhibition provides the perfect opportunity for companies to present themselves to a high quality visitor base over a three day period” he adds. For more information on confirming your exhibition presence at GulfSol 2013, contact Derek Burston on email@example.com or Ben Richardson on firstname.lastname@example.org
– Khi Solar One and KaXu Solar One will be the first concentrating solar power (CSP) plants in South Africa and will use advanced technology specifically developed for the country’s needs
– Both plants will be able to store energy and generate power after sunset
SEVILLE, Spain, Nov., 2012 /PRNewswire/ — 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 announced late 2011 by the South Africa Department of Energy (DOE). The DOE intends to bring 17,800 MW of renewable energy online by 2030.
Standard Bank Group has been named the “Most Innovative Investment Bank from Africa” in The Banker’s Investment Banking Awards 2012. The Banker Awards, being held in London on October 4, 2012, recognise excellence in investment banking around the world. For Standard Bank Group, the award continues to underline its credentials as a leading emerging market bank.
MOUNTAIN VIEW, CALIF., SEPTEMBER 11, 2012 – AREVA Solar is collaborating with Sandia National Laboratories on a new concentrated solar power (CSP) installation with thermal energy storage. The CSP storage project combines AREVA’s modular Compact Linear Fresnel Reflector (CLFR) solar design with Sandia Labs’ proven molten salt storage system. This will be the first CSP integration with Sandia Labs’ Molten Salt Test Loop System located at the U.S. Department of Energy’s National Solar Thermal Test Facility in Albuquerque, New Mexico (United States).
Despite Continued Growth, Low Prices for PV Technology Are Hampering the Maturation of the Solar Power Industry
SANEDI wants to position South Africa as leader in field