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Monthly Archives: February 2018

Egypt inaugurates €22 million MATS plant in Alexandria and the European Union is contributing €12 million to the project

Minister of Electricity Mohammed Shaker (Photo: Al-Ahram) It is reported that Mohammed Shaker,Egypt’s ministers of electricity and higher education, inaugurated a €22 million multipurpose applications by thermodynamic solar (MATS) plant in Borg El-Arab, Alexandria on Tuesday. The European Union is contributing €12 million to the project, which began in July …

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India S-CO2 test loop to generate clean energy from concentrated solar power

Scientists at Indian Institute of Science (IISc) in the city have developed a super critical carbon dioxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal. This is India’s first test-bed for next generation, efficient, compact, water-less super critical carbon dioxide Brayton …

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Noor Concentrated Solar Power Complex at Ouarzazate Will Be Completed before the Summer of 2018

The Noor concentrated solar power (CSP) complex at Ouarzazate, will be completed before the summer of 2018, Mustapha Bakkoury, head at Moroccan Agency for Sustainable Energy (Masen) told a press conference on Friday. The EUR-810-million (USD 1bn) second phase of the thermosolar cylindrical parabolic troughs complex Noor Ouarzazate will be …

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Acciona wants to sell its Concentrated Solar Power plants to Contour

ContourGlobal Plc (LON:GLO) confirmed today that it is negotiating the acquisition of five concentrated solar power (CSP) plants in Spain from Acciona SA (BME:ANA). In a brief statement that followed press speculation, ContourGlobal said that it will make further announcements in due course, without giving more details. Earlier on Friday, …

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TerraForm to acquire all shares of the Spain ACS’s CSP plant operating company Saeta Yield at the price of 1.2 billion

TerraForm Power, which is controlled by Canada’s Brookfield Asset Management, has launched a 995 million euro ($1.2 billion) takeover bid for Spanish renewable energy firm Saeta Yield, expanding its presence in Western Europe. TerraForm is offering 12.20 euros per share for a 100 percent stake in the solar and wind …

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