More Than $5b In Funding For CSP In North Africa, Middle East – Energy Storage World Forum

Over 1.1 gigawatts of concentrated solar power (CSP) capacity will be installed in parts of North Africa and the Middle East. The Climate Investment Funds (CIF) first endorsed the 2009 plan for 895 megawatts of CSP to be installed, but the plan has since been modified after the Arab Spring uprisings.

In addition to the US$660 million that the CIF’s Clean Technology Fund (CTF) is providing, private funding and other donors are adding a whopping US$5 billion.

Out of the $660 million, Morocco will receive the lion’s share of $218 million to install 300 megawatts of CSP capacity. Other countries that are receiving funding are Egypt, Algeria, Jordan, Libya, and Tunisia.

Source and Read More

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

Clean Technology Funds, Climate Investment Funds, concentrated solar power, Middle East, North Africa

Dufresne (doo - frayn) Research specialises in creating high quality market driven conferences and training. The company focuses on stationary Energy Storage across all applications from Residential, Self - Consumption and Microgrid through to large scale stationary storage. We are Europe's first conference dedicated solely to energy storage since 2010. All of our Forum's culminate with the unique Building the Action Plan feature. Join us for this session and take back an action list to the workplace.

LATEST ARTICLES

Read More

Battery Storage for Commercial & Industry

Powerful battery storage offers many advantages in terms of saving electricity costs and a reliable power supply. With this technology, companies retain control of their energy supply and costs. The battery storage system is charged when energy is cheaply available and it supplies the stored electricity when prices are at their highest. With applications such…

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Ultracapacitor UPS (U-UPS) for voltage dips and micro-interruptions

Power interruptions are the most frequent power supply problems with wide-ranging consequences for industry. The causes of these interruptions include short-circuits in the distribution grid, lightning strikes, the connection and disconnection of power plants as well as volatile energy producers such as wind and solar. Because technologies and production processes are becoming increasingly complex, the…

© Copyright Dufresne Private Ltd - Singapore, All Right Reserved

About Us | Privacy Policy | Accommodation | Call For Paper | Contact Us

★REVIEWS

[gdlr_testimonial columns="1" type="static" style="box-style"]
[gdlr_tab title="Sales Director" position="S&C"]“Probably the most interactive and well organized storage event on the calendar.”
★★★★★[/gdlr_tab]

[gdlr_tab title="TLC & SCADA Manager" position="FRI-EL"]“Great topics, competent speakers, good networking: keep it like that.”
★★★★★[/gdlr_tab]

[gdlr_tab title="Expert Technical & Governance" position="Elia"]“High scientific content, well targeted, perfect organization.”
★★★★★[/gdlr_tab]

[gdlr_tab title="Manager" position="ATL"]Excellent networking event. The sponsorship was well worth it.”
★★★★★[/gdlr_tab]
[/gdlr_testimonial]

View More

x