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Canada’s Algonquin Power & Utilities is ready to pay around €700m ($817m) for Abengoa’s 41% stake in Atlantica Yield


Canada’s Algonquin Power & Utilities, a growing player in the North American renewables market, has reportedly offered to buy Abengoa’s stake in Atlantica Yield, among the world’s leading owners of concentrated solar power (CSP) projects. Algonquin is ready to pay around €700m ($817m) for Abengoa’s 41% stake in Atlantica Yield, …

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SolarReserve Receives Environmental Approval for 390 Megawatt Solar Thermal Facility with Storage in Chile


Reported from CSPPLAZA: Santiago, Chile – SolarReserve , the industry leader in baseload solar power solutions and advanced solar thermal technology with energy storage, has received an environmental approval from the Chilean government to build a 390 megawatt solar thermal power station with 5,100 megawatt-hours of energy storage. This important milestone …

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The world’s largest 1 GW thermal solar EOR project costing $600 million will be put into operation and GlassPoint once again proves it potential


Miraah, GlassPoint’s $600 million 1 GW thermal solar EOR project is about to begin generating steam at 300 °C to flush out heavy oil from Oman’s Amal oil field for Petroleum Development Oman (PDO) the Sultanate’s largest hydrocarbons producer. Unlike other CSP developers who leverage the heat of the sun …

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Shouhang IHW signed 1GW CSP Project Development Contract with Tulufan, Xinjiang Uygur Autonomous Region


Reported from CSPPLAZA: Announcement unveiled on July 13th by Beijing Shouhang IHW Resources Saving Technology Co., Ltd.(referred to as Shouhang IHW ), states that the company  has signed with Tulufan Investment Promotion Bureau on the Strategic Cooperation Agreement on July 11th. The Agreement plans to invest CNY 28 billion, installing …

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CPC 2017 Speech Series| SBP:Stellio heliostats optimize the economical efficiency of tower plant’s solar field


Reported from CSPPLAZA: China International CSP conference and CSPPLAZA annual meeting 2017 (CPC2017) was held in Hangzhou on June 2017 14~16. During the three days’  meeting,  experts from home and abroad discussed the problems that may be encountered in the first batch of demonstration projects. CSP industry in China is …

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HELIOVIS successfully commissioned the world’s biggest inflatable solar concentrator made of plastic films

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Reported from CSPPLAZA:  Austrian company HELIOVIS  developed smarter and cheaper mirror technology with total investment cost reductions of up to 55% compared to the most advanced glass mirror trough technologies. Using commercially available plastic films, HELIOVIS successfully commissioned the first industrial application of its HELIOtube technology in Spain with 220m …

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CPC 2017 Speech Series| EnergyNest: Application Case Studies Of Innovative Concrete Storage System


Reported from CSPPLAZA:As a significant technology advancement, CSP confronts tremendous cost pressure and cost-down of CSP will be an important agenda item going forward. EnergyNest is a company based on Norway, who has been focused on developing new energy storage technology to solve challenges in renewable energy and lower the …

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