Dubai's 200 MW CSP tender framework offers potential cost savings from engineering through to operations and new entrants from China could help lower prices, Inaki Perez, Solar Team Leader at Mott MacDonald, DEWA's Technical Advisor, said at the MENA New Energy 2017 conference.
South Africa CSP developers must work closely with state power utility Eskom to develop co-funding models for grid connections that will spur development in a market held back by weak state finances and uncertain capacity targets.
U.S. CSP developers must respond to regional market needs to ensure utilities recognize the value of thermal energy storage in utility offtake contracts, Kevin Smith, CEO of SolarReserve, told CSP Today.
Project sponsors must prioritize market-focused offtake contracts and tap all private and public debt sources to maximize bankability and build on rising confidence in CSP technology, industry experts told CSP Today.
Dubai Electricity & Water Authority (DEWA) is eyeing a globally-competitive tariff of around $80/MWh for its first-ever CSP project, due to high investor confidence in local banking markets and global pricing pressure from growing project pipelines, experts told CSP Today.
The U.S.-based developer plans to repeat its bid for two CSP projects in Chile's upcoming tender as the energy storage capability of the plants could prevent a growing oversupply of PV capacity and the costs are competitive against fossil fuels, Kevin Smith, CEO of SolarReserve, told CSP Today.