Researchers from the Center for Solar Energy Technologies of Fraunhofer Chile have conducted a comparative analysis which shows that the lowest levelized cost of energy (LCOE ) in Chile can be achieved by a combination of large scale PV and concentrated solar power (CSP).
Saudi Arabia’s futuristic Neom City will not use the cheapest sources of renewable energy, but those with the best chances of being dispatched, due to the storage potential of concentrated solar power. But several issues must be addressed to make the tech viable.
Heliogen, which was founded by serial entrepreneur Bill Gross, aims to revitalize concentrated solar power with sCO2 tech to cut costs, water use, and plant footprints in industrial applications not suited to solar PV.
A global research team has developed a parabolic trough linear concentrating photovoltaic-thermal system to produce heat and electricity, for both residential and large-scale applications. The PV unit relies on Azure Space’s multi-junction solar cells, based on indium gallium phosphide (InGaP), gallium arsenide (GaAs) and germanium (Ge).
The new concept of the Desertec initiative, which was presented at the Energy Transition in the Arab World Conference in Berlin last week, is still based on the idea that large-scale solar and wind energy can be developed and used in the deserts of the Middle East and North Africa. It also includes, however, that hydrogen and other synthetic emission-free energy carriers can also be developed throughout the region with clean energy and then exported to world markets.
Adelaide-based storage specialist 1414 Degrees has announced plans to acquire SolarReserve Australia II, which owns the Aurora Solar Energy Project in South Australia and two other PV projects in the state of New South Wales. The company wants to use the Aurora site to build a massive 400 MW solar farm with several thousand megawatt-hours of thermal storage capacity.
The Saudi-based energy company has sold a 24.01% stake in its 700 MW CSP project to China’s Silk Road Fund.
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