Tag Archives: Noor I

Could one of the cheapest Concentrated Solar Power plants be a turning point for this technology?

July 2, 2013 |

 

Has Concentrated Solar Power (CSP) finally turned the corner, going from an emerging technology (albeit with 20 years of history) to an (almost) commercially-ready one?

Ouarzazate I CSP less expensive than average CSP plant

CPI recently published an update to an earlier report on a large-scale CSP plant to be built near the city of Ouarzazate in Morocco. CPI finds that the project has apparently broken two taboos with the successful completion of its financing: the widely held view that a large scale infrastructure project could not be financed within its planned budget, even more so in an emerging economy; and that technology costs for CSP could not come down from the USD 6000/KW mark where they have been stuck since the ‘90s.

Read More