CSP could play a big role in the Middle East in five years’ time, says top analyst, but financiers must be prepared to update their cost estimates on a yearly basis in order to keep pace with rapidly changing renewable energy (RE) markets.
This week’s CSP Today news brief includes the following companies and organisations: India’s NTPC, NCPS; STT, King Saud University, Bosch Rexroth AG; Frankfurt School for Climate and Sustainable Energy Finance and the OPWP.
Boris Schinke, policy officer at the German NGO Germanwatch, has just completed some compelling new research on the social impacts of CSP development in the MENA region: “Energy and development: Exploring the local livelihood dimension of the Noor I CSP project in Southern Morocco.”
This week’s CSP Today news brief includes the following companies and organisations: RayGen Resources, ARENA, Juye Solar, NDRC; Aries Ingeniería y Sistemas, CGN Delingha Solar Energy Corporation; Abengoa, EIG; IDB, Abengoa, the Harvard Zofnass Program for Sustainable Infrastructure.
Three projects combining CSP and PV technologies have been announced in Chile and South Africa over the last year. Developers involved indicate this integration offers significant advantages in terms of providing lower energy tariffs and securing grid stability.
The most recent successful bidders for the Concentrated Solar Power (CSP)-specific Window 3.5 announced in December 2014 are Kathu CSP and Redstone CSP projects. Window 3 CSP projects, Xina Solar One and Ilanga I, also achieved financial close in December.
Margaret Mutschler , Head of Renewables and Power Generation at NamPower, the national power utility responsible for Namibia’s generation and transmission, will be participating at CSP Today South Africa 2015 (14-15 April, Cape Town).
This week’s CSP Today news brief includes the following companies and organisations: The PIC, South Africa’s Department of Energy, Abengoa, IDC, KaXu Community Trust, Cobra, Emvelo, Investec, Eskom; ESTELA, EIA; Stanford University's Carnegie Institution for Science and NREL.
Last year saw important developments in the Concentrated Solar Power (CSP) industry in South Africa. The Department of Energy (DoE) announced the long-awaited financial close of Window 3 and the outcome of the CSP-specific Window 3.5, under its REIPPP Program.
This week’s CSP Today news brief includes the following companies and organisations: Abengoa, the IDC, the PIC, Kaxu Community Trust, Eskom, AfDB, IFC, the Development Bank of Southern Africa, Absa, Nedbank, Rand Merchant Bank, the IEA and Germany's government.
In the past quarter 500 MW of CSP projects have been awarded under government-backed renewable energy programs. Of this, 400 MW has been allocated to consortiums including the Saudi-based developer, ACWA Power.