hina’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates.
The 700-megawatt project will be developed along with Dubai Electricity & Water Authority and Saudi Arabia’s ACWA Power Barka SAOG, ACWA said in a statement on Sunday. The plant will combine a central tower and parabolic trough technology to harvest energy from the sun, store it in molten salt and produce steam to generat [...]
Supercritical carbon dioxide power cycles have the potential to reduce the cost of concentrating solar power by substantially improving the efficiency of converting high temperature solar heat into electricity. Through three SunShot Initiative-funded projects and six years of steady progress, GE Global Research and Southwest Research Institute have taken major steps toward commercializing the technology.