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Susan Kraemer

Experts Predict More CSP Under 5 Cents in 2018

Experts Predict More CSP Under 5 Cents in 2018

In October 2017, SolarReserve was first to bid CSP with storage at somewhere "under 5 cents" per kWh in Chile, according to CEO Kevin Smith From New Energy Update: The levelized cost of electricity (LCOE) of Middle East CSP projects could fall below $50/MWh next year,...

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All MENA CSP Now 7 Cents or Under Says ACWA Power

All MENA CSP Now 7 Cents or Under Says ACWA Power

ACWA Power’s latest record-low contract signed with DEWA at just over 7 cents per kWh is no outlier, according to CEO Paddy Padmanathan. CSP is a thermal form of solar that typically includes thermal storage in a power block so that it can generate power at any time, not just when the sun shines.

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