Tag: CSP

Cost declines in 2021 may not be repeated for solar PV and wind power in 2022: IRENA 

The cost declines seen in 2021 may not be repeated for solar PV and wind power in 2022, as supply chain constraints have been having an impact since late 2020, while commodity price rises accelerated in late 2021. These two factors saw equipment prices increase after experiencing lows in the first half of 2020, when the pandemic first took hold. Yet, the impact of these factors on projects commissioned in 2021 was not enough to raise the full year weighted average LCOE in many individual markets, nor at a global level.

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US researchers aim to pursue 5 cents per kWh with new CSP system

EL) and the Department of Energy (DoE) are collaborating on a cutting-edge concentrated solar power (CSP) plant, with the intention of reducing energy costs to only 5 cents per kWh. The new technology is expected to reduce the cost of renewable energy while also ensuring that dispatchable energy is accessible at all times of the

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Canadian fund Cubico Sustainable Investment closes purchase of KKR’s minority stake in T-Solar

Cubico Sustainable Investment, the fund of Canadian groups PSP and Ontario Teachers, has closed the purchase of KKR’s minority stake in T-Solar in Spanish photovoltaic assets. With this operation, the group closes the acquisition of the company and takes full control in a transaction in which 1.5 billion euros have been disbursed. Cubico reached an agreement with I Squared Capital to take the majority stake on December 15, 2020.

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