Source: Energy Storage News A US$75 million national research and development (R&D) facility for energy storage is expected to be up and running by 2025, the US Department of Energy (DOE) said yesterday. Called the Grid Storage Launchpad (GSL), 30 separate...
investment
Aalborg CSP to Retrofit Coal Plants into Thermal Energy Storage
Researchers at DLR, and NREL, and the Bill Gates-funded start-up Malta have been investigating converting coal plants into grid-scale thermal energy storage for curtailed intermittent renewable energy, as low-cost heat “batteries.” (Thermal energy storage was...
HelioHeat Commercializes the DLR 1000°C Solar Receiver CentRec®
HelioHeat’s 1,000°C heat at just 1 Cent/kWh potentially ends the use of fossil energy for the production of steel, cement, food and chemicals
Saudi Government Raises Ownership to Half of Global Solar Leader ACWA Power
Reuters: Saudi fund raises ownership stake in ACWA Power to 50% -statement CAIRO/DUBAI (Reuters) - The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power to 50% from 33.6% as part of a move to...
Where Very Hot Solar Thermochemistry Research is Today: What’s Needed Next
A state of the art assessment of day or night solar thermochemistry at very high temperatures 1,000ºC to 2,000ºC
Spain’s First CSP to Get Novel Thermal+Electric Storage Retrofit
Abengoa plans to “bolt-on” novel low-cost storage to some of the first Spanish trough CSP plants, that were built without storage
How Much Land Would Solar Thermochemistry Need to make All Our Aviation Fuel?
If one “solar refinery” manufactured all the aviation fuel needed for the entire world from CO2+H2O captured from air using solar energy – all in just one site, the solar field would stretch for example, from Paraburdoo to Capricorn in the Western Australian desert
Clean Tech investment challenge in commercializing innovations like HELIOtube
HELIOVIS has been running a demo plant in Spain for two years demonstrating their novel low-cost blow-up plastic tube solar collector for CSP. The small startup is fighting hard to get the industry-scale financial backing needed to introduce the technology and to make...
Bill Gates Funds A Second Concentrated Solar Thermal Startup: Heliogen
Building on R&D from IDEALAB, Bill Gates has now invested in his second CSP-based start-up after Malta, with Heliogen. Press Release; Singular scientific achievement takes place at Heliogen’s commercial facility in Lancaster, California PASADENA, Calif.--(BUSINESS...
NREL Awarded $2.8 Million to Develop a Long-Duration Thermal Energy Storage Technology
Surplus solar or wind to heat thermal storage would be a win-win, meeting changing market needs to store renewables – while transitioning fossil energy
Rebirth of SolarReserve’s 450 MW Likana Brings CSP Supply Chain Hope for Chile
This week, the Cerro Dominador Group/EIG Global Energy Partners bought the Likana Concentrated Solar Power (CSP) project from US-based SolarReserve, which was unable to complete the project. SolarReserve had already developed Likana by accomplishing the preliminary...
Solar steam could heat MENA Region industries for less
"But even though the costs, the lifetime returns, and the speedy pay-back proved so competitive, during the three year study, Cuadros found that small and medium businesses were loathe to actually purchase and own novel technology." Only the deep pockets of the oil...
Q&A: How Risk Mitigation Finance Can Cut CSP Costs
Cutting risk in financing will be the next key to further cut CSP costs, according to the author of Non-recourse project financing for concentrated solar thermal power published in the journal Utilities Policy. Dr. Steven Geroe teaches Energy and Environmental Law and...
Start-Up VC Invests in Beam-Down Concentrator for Solar Fuel
“Our “back of the envelop” communication with researchers is that $3 per gallon of gasoline equivalent (GGE) per kilogram of hydrogen could be obtainable,” said Al Maaitah.
VC-Funded Thermal “Battery” is Based on CSP Molten Salt Energy Storage
Standalone thermal storage: “Incredibly cheap grid-scale storage with a very long calendar life” The new Venture Capital (VC) firm Breakthrough Energy Ventures (BEV) only invests in technologies they vet as both “scientifically feasible at scale” and with the...
China to Finance and Shanghai Electric to Build CSP for ACWA Power’s 950MW Dubai Solar Plant
EPC Contract with Shanghai Electric to Develop 700 MW DEWA CSP Project Signed in China ACWA Power Apr 15, 2018 DEWA and ACWA Power, in collaboration with Shanghai Electric, will undertake the 700 MW CSP portion of the 950 MW solar project in Dubai. Together with 250...
Study of Chile’s CSP Potential for Domestic Manufacturing
A study commissioned by the Chilean government and presented before the SolarPACES Conference in Morocco makes data available to potential participants in a Chilean CSP industry. The study, Local Content in CSP:CST Projects- Assessment of the Chilean Industry is...
China Made Solar PV Cheap – Is CSP Next?
With China in the game, the outlook for the technology has gone from from gloomy to better than ever – however it also carries great risk
Glasspoint Signs up 2nd Oman Solar EOR Project at Twice the Size: 2 GWth
GlassPoint just signed an agreement with a second oil company operating in Oman to facilitate oil production by the use of 2 GWth solar-generated steam replacing fossil fuel-generated steam.
Climate Policy that Actually Works: How Morocco is Meeting its Clean Energy Goals
An interview reveals Morocco’s secret: MASEN (the Moroccan Agency for Sustainable Energy) is actually a renewable energy “one stop shop” – starting with climate policy, through needs assessment, planning, infrastructure development and finally structuring to mobilize project finance.
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