The tender process favored by the likes of Chile and Dubai has done more than anything else to drive CSP prices to record lows, according to Ranjan Moulik, head of renewables at investment bank Natixis CIB.
Morocco’s first operating CSP plant has shown that concentrating solar power can solve the problem of energy blackouts in the peak evening hours, a senior representative of the Moroccan Agency for Sustainable Energy (MASEN) told the recent CSP Seville conference.
Overcoming the reservations of the finance industry will be key to China achieving its ambitious goal of 5 GW of power generation from concentrated solar power by 2020, expert speakers said at CSP Seville 2017.
SolarReserve's innovative offtake agreement for its 150 MW Aurora CSP plant combines favorable government demand shapes with peak power price exposure and renewable certificate income, Tom Georgis, Senior Vice President of Development at SolarReserve, told New Energy Update.
The giant 700 MW project in Dubai will combine tower and trough technologies and use scale and local infrastructure synergies to set a new benchmark price of $73/MWh for CSP with storage, Andrea Lovato, ACWA Power's Executive Director of Business Development, told New Energy Update.