Peru´s Minister of Energy and Mines announced the start of US$15 billion mining projects in Peru between this year and 2015. Given the high solar radiation of the country, this represents new opportunities for CSP to supply energy...
Renewable energies have suffered huge changes in recent years, increasing their competitiveness with fossil fuels in both prices and efficiency. The cost of PV has fallen by 70% in the last 12 years, whilst wind has dropped to 60%...
Last week, Swiss PV developer Etrion announced that a PPA had been signed with Aguas Blancas a mine in northern Chile for 8.8MW of power. With Etrion looking to international financial institutions for funding, financing from...
At a recent PV Insider webinar on reducing costs in the balance of systems in the USA it was revealed that the world’s second largest utility-scale PV market continues to suffer from higher prices for key components compared to...
The 30MW Martifer Solar Aura PV plant will be completed in August, making Mexico a potential rival to Chile’s dominance of the PV market in Latin America. The Aura plant, being developed by Martifer solar and Gauss Energía, will...
Four of the five concentrated solar power projects in India, with a total capacity of 470 MW have missed the scheduled commissioning date, 9th May, and are running way behind project schedule. The CSP potential in India is huge...
Recent project announcements utilising concentrated photovoltaic technology show industry is tackling long-term feasibility questions. Two major announcements marked a positive week for the concentrated photovoltaic industry last...
Spain is reforming its energy market changing the rules of the game for renewable energy. Whilst consequences for CSP are not clear yet, any country looking to invest in this technology can learn from the Spanish case. Spain...
At the end of June, the International Finance Corporation (IFC) approved over $47 million of loan financing for a 30MW PV plant to sell energy to the spot market. Another sign of investor confidence in a fast-growing market. The...
The CSP potential in the Middle East and North African (MENA) region has grown with the 660 million dollars funding from the CTF (Clean Technology Fund). North African countries are now ready to achieve 1120MW of energy from CSP...