Tag Archives: Solar Power

Solar energy is best solution to Nigeria’s power challenge

The Chief Executive Officer of Omatek Ventures Plc, Mrs. Florence Seriki has said the best way to address the short fall in power generation and distribution and also cut down on wasteful consumption of electricity in the country, is to adopt solar energy.     Seriki, who extended her business venture from assembling and manufacturing … Continue reading Solar energy is best solution to Nigeria’s power challenge

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It is time for Africa to tap the solar power

Africa has the best potential for solar energy developments. The continent’s DNI as proof of this. Known as direct normal irradiation or Direct Solar Irradiance, the DNI is used to assess a region’s potential for generating energy through photovoltaics or concentrated solar power (CSP).   For a continent with the highest concentration of sunlight, one … Continue reading It is time for Africa to tap the solar power

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Global solar energy installations to cross 54 GW this year

Installations of solar power generation capacities worldwide are projected to touch 54,500 MW this year while India is expected to add 1,800 MW during the same period, says a report. “Another solid year is in store for the global solar industry and new streams of funding are coming into the sector,” Mercom Capital Group, a … Continue reading Global solar energy installations to cross 54 GW this year

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Aries Ingeniería y Sistemas emerges as a key player in the development of Concentrated Solar Power (CSP) technology in China

Delingha Concentrated Solar Power (CSP) plant will have a very positive economic impact in the area.    Aries Ingeniería y Sistemas and CGN Delingha Solar Energy Corporation have recently signed an (Owner’s Engineer) OE contract, after China CSP developer launched a competitive tender process. Delingha project is a 50 MW solar thermal parabolic trough power … Continue reading Aries Ingeniería y Sistemas emerges as a key player in the development of Concentrated Solar Power (CSP) technology in China

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Vietnam’s first solar power plant

Arman Holding is working in Vietnam EVN on a solar power plant worth US$140 million. A source from Quang Nam Province in central Vietnam said the Russian firm, the main investor of the project, is surveying for a location with its partners – Singapore’s finance company Royale Star Holdings and Vietnam’s Natural Energy Investment & … Continue reading Vietnam’s first solar power plant

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Morocco to establish solar energy programs with Masdar

The government aims to install 2 GW of solar energy by 2020, which will represent 14 percent of the country’s total installed capacity.   UAE-based clean energy firm Masdar and Morocco’s Office National de l’Electricité et de l’Eau Potable (ONEE) have signed a partnership to design, supply and install 17,670 solar home systems across 940 … Continue reading Morocco to establish solar energy programs with Masdar

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China to help Ghana construct 1 bln USD solar power plant

The Chinese Hanergy Group is investing one billion U.S. dollars to construct a 400-megawatt (MW) solar power plant to help boost Ghana’s energy needs, Zhou Youbin, Charge d’Affaires at the Chinese Embassy, said here Thursday.   Zhou, who was speaking at a day’s natural resource conference, said: “China, as a traditional friend and an important … Continue reading China to help Ghana construct 1 bln USD solar power plant

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Solar Power Could Power California Five Times Over

In the face of global climate change, increasing the use of renewable energy resources is one of the most urgent challenges facing the world. Further development of one resource, solar energy, is complicated by the need to find space for solar power-generating equipment without significantly altering the surrounding environment.   New work from Carnegie‘s Rebecca … Continue reading Solar Power Could Power California Five Times Over

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Egypt aims to build solar power plants and wind energy facilities with 4,300 megawatts

President Abdel Fattah al-Sisi said that Egypt aims to build solar power plants and wind energy facilities within the next three years, with a total capacity of 4,300 megawatts.   Egypt signed a memorandum of understanding with global energy groups to generate electricity using solar power in a bid to face increasing demand for energy, … Continue reading Egypt aims to build solar power plants and wind energy facilities with 4,300 megawatts

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Masdar, Acwa to build photovoltaic solar power plant in Egypt

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. As per the deal, Masdar, Abu Dhabi’s multifaceted renewable energy company, would lead development of renewable energy projects. The … Continue reading Masdar, Acwa to build photovoltaic solar power plant in Egypt

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Abengoa closes USD 660 million project financing for Concentrated Solar Power (CSP) Xina Solar One

Concentrated Solar Power (CSP) Xina Solar One will help South Africa meet its ongoing energy demands and contribute to grid stability by serving clean and dispatchable electricity. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, announced today that it has, with … Continue reading Abengoa closes USD 660 million project financing for Concentrated Solar Power (CSP) Xina Solar One

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Solar power accounted for 32 percent of new capacity in the United States last year, wind energy accounted for 23 percent

Wind power accounted for 23 percent of new capacity, with coal taking a share of less than 1 percent. California saw three concentrated solar power plants come fully online in 2014: the Genesis project in Riverside County and the Ivanpah and Mojave projects in San Bernardino County, collectively accounting for another 767 megawatts of new … Continue reading Solar power accounted for 32 percent of new capacity in the United States last year, wind energy accounted for 23 percent

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Trina Solar to Supply 48 MW of Photovoltaic Solar Power Modules to ACME India

Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a global leader in photovoltaic (“PV”) modules, solutions and services, today announced it has signed an agreement to supply 48MW of solar modules to ACME Cleantech Solutions Ltd.(“ACME”). This new agreement brings the total sales of solar modules to ACME to 70 MW in 2015 … Continue reading Trina Solar to Supply 48 MW of Photovoltaic Solar Power Modules to ACME India

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Namibia looking to develop Concentrated Solar Power (CSP) with storage

Following South Africa’s concentrated solar power (CSP) success, Namibian utility NamPower and the Ministry of Mines and Energy are working on a CSP plant of at least 50 MW.     Following South Africa’s concentrated solar power (CSP) success in the Renewable Energy Independent Power Producer Procurement Programme, Namibian utility NamPower and the Ministry of … Continue reading Namibia looking to develop Concentrated Solar Power (CSP) with storage

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767 MW of concentrated solar power (CSP) came on-line in 2014 in USA

2014 was the largest year ever for concentrating solar power, with 767 MW brought on-line. Notable project completions include the 392 MW Ivanpah project. Genesis Solar project’s second phase of 125 MW and Abengoa’s Mojave Solar (250 MW), which achieved commercial operation in December 2014. As of the end of 2014, cumulative operating PV in … Continue reading 767 MW of concentrated solar power (CSP) came on-line in 2014 in USA

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Concentrated Solar Power would need to meet 8%-10% of global electricity demand by 2050

The best sites are between 10° and 40°, South or North. As you can see in the chart below, this makes a huge difference, a CSP in Chile might cost half as much as one in Spain. Locating a plant with a solar irradiance of 2,700 kWh/m2 would decrease the generation cost by 25% compared with … Continue reading Concentrated Solar Power would need to meet 8%-10% of global electricity demand by 2050

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ABB and Solar Impulse start historic round-the-world flight

ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the first round-the-world flight in a plane powered only by energy from the sun. The airplane is scheduled to take off from Abu Dhabi tomorrow.   In 2014, ABB and Solar Impulse formed an innovation and technology … Continue reading ABB and Solar Impulse start historic round-the-world flight

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