Tag Archives: solar energy

Concentrated solar thermal powers oil-rich Gulf emirate

The world’s biggest thermal solar power plant has gone online in oil-rich Abu Dhabi. Shams 1 is the first plant of its kind in a desert region, providing power for thousands of homes. Leaving the high-rise buildings of Abu Dhabi city behind us, we drive through the dust and sand of the desert. On both … Continue reading Concentrated solar thermal powers oil-rich Gulf emirate

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SKF solutions for solar tracking systems reduce CO2 emissions and increase solar power generation

SKF Solar Linear Actuator-CASD-60, and SKF Solar Hub CRSD 290 are two solutions that each contribute to the reduction of CO2 emissions by increasing the energy production from one 58 m2 solar panel by 5.8 MWh/year. This equates to a reduction per solution of 4.4 tonnes CO2/year according to the world power grid mix CO2 … Continue reading SKF solutions for solar tracking systems reduce CO2 emissions and increase solar power generation

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5 Super-Sized Solar Energy Projects Transforming the Clean Energy Landscape

2012 marked a record year for America’s solar industry. Installations surged by 76 percent compared to 2011 — representing an estimated market value of $11.5 billion. From commercial to residential, every sector experienced significant growth, but the clear standout of 2012 was utility-scale solar. Utility-scale solar projects are designed to generate massive amounts of electricity. … Continue reading 5 Super-Sized Solar Energy Projects Transforming the Clean Energy Landscape

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Cost reduction remains the main route to success for Concentrating Solar Power

Concentrating Solar Power installations in the United States are forecast to set new records in 2013, with total capacity increasing by a staggering 120%, to 1889.66MW. As five new solar thermal projects, with a combined capacity of 1312 MW, approach their commissioning phase, the industry is anxious to hear how the new generation of Concentrated Solar … Continue reading Cost reduction remains the main route to success for Concentrating Solar Power

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North African and Middle East Countries Poised to Upgrade Concentrated Solar Power Use with AfDB, World Bank, and CIF Support

On March 19, the African Development Bank (AfDB) and World Bank convened a workshop with representatives of Algeria, Egypt, Jordan, Libya, Morocco, and Tunisia in Rabat, Morocco to review and upgrade the region’s path-breaking regional Investment Plan for Concentrated Solar Power (CSP), with funding from the Climate Investment Funds (CIF). The workshop presented an important … Continue reading North African and Middle East Countries Poised to Upgrade Concentrated Solar Power Use with AfDB, World Bank, and CIF Support

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Saudi Arabia is planning to invest $ 109 billion in solar power

Saudi Arabia is planning to invest $ 109 billion over the next 20 years in order to take advantage of its excellent solar resources and diversify its energy mix, according to Alexander Lenz, president — the Middle East and Southeast Asia region, Conergy Asia & ME Pte. Ltd. This is because the “Kingdom believes sustainable … Continue reading Saudi Arabia is planning to invest $ 109 billion in solar power

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Completion of Molten Salt Solar Receiver sets Milestone in Nevada Concentrated Solar Power Project Construction

SolarReserve’s U.S. developed technology represents leading solar thermal technology worldwide; integrated energy storage provides reliable and zero-emissions electricity, day or night. SolarReserve, a U.S. developer of large-scale solar power projects, today announced completion of the assembly of the molten salt receiver panels that sits on top of the 540 foot solar power tower for its … Continue reading Completion of Molten Salt Solar Receiver sets Milestone in Nevada Concentrated Solar Power Project Construction

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Balochistan inks deal for installing a 300 MW solar power plant near Quetta

A Memorandum of Understanding has been signed between the Balochistan government and CK Solar Korea for installing a 300 MW solar power plant near Quetta, Provincial Secretary Energy Fuad Hashim Rabbani said on Saturday. The project will cost around $900 million and will be completed by 2016, he said, while addressing the media. Rabbani said … Continue reading Balochistan inks deal for installing a 300 MW solar power plant near Quetta

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Mahindra sees 500 MW opportunity in solar power

Mahindra group’s three-year-old foray into the solar power sector is in the midst of takeoff. The company says that it could set-up as much as 500 megawatts of solar power in the next 24-36 months. This opportunity however is not restricted just to the projects it had won during the national solar mission. It has … Continue reading Mahindra sees 500 MW opportunity in solar power

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NY awards $46M for 76 solar energy projects

The state is awarding $46 million to help finance 76 large-scale solar energy projects across New York. Governor Cuomo’s NY-Sun Competitive PV Program is drawing strong participation from New York energy customers and solar developers. In a successful first round, the New York State Energy Research and Development Authority (NYSERDA) awarded $46 million for 76 … Continue reading NY awards $46M for 76 solar energy projects

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More Solar Brought Online in the U.S. Than the Previous Three Years Combined

The U.S. Solar Industry has experienced a resurgence over the past year as newly-imposed import tariffs on Chinese solar cells have helped companies compete with their Chinese competitors. According to the Solar Energy Industries Association the U.S. solar industry market increased to $11.5 billion, a year-over-year increase of 34 percent. Five Star Equities examines the … Continue reading More Solar Brought Online in the U.S. Than the Previous Three Years Combined

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IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile

Pozo Almonte and Calama Photovoltaic Project in the Atacama Desert will supply the country’s mining industry The Inter-American Development Bank (IDB) approved a loan package for $41.4 million to private sector firms for the construction, operation, and maintenance of three photovoltaic solar power plants in the Atacama Desert in northern Chile. The financing consists of a … Continue reading IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile

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Partnership at Palen: BrightSource Inks Deal with Abengoa

The 500 megawatt (MW) Palen solar thermal power system will use proven solar thermal tower technology to produce clean, reliable solar electricity to more than 200,000 homes. Located in Riverside County, California, the two-unit power system will be built on approx. 3,800 acres and will create more than 2,300 jobs for construction workers and support … Continue reading Partnership at Palen: BrightSource Inks Deal with Abengoa

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The future of solar energy in the Arab world

The first concentrated solar power plant in the Arab world “Shams 1” was launched in Abu Dhabi by the Emirati company Masdar. Launching the concentrating solar power plant was an occasion to look into the future of this renewable energy to produce electricity in the Arab world. It is undoubted that Middle Eastern countries enjoy … Continue reading The future of solar energy in the Arab world

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