MOROCCAN SOLAR PLANT CUTS CSP COST

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

Gianleo Frisari, July 2013 (Climate Policy Initiative)

“...[CPI finds that] a large-scale CSP plant to be built near the city of Ouarzazate in Morocco…[has technology costs for CSP below] the USD 6000/KW mark where they have been stuck since the ‘90s…Indeed, for Ouarzazate I CSP, CPI estimates an overall unit-cost (including financing, contingencies and the expensive storage facility) of approximately USD 5,300/kW — more than 10% lower than initial projections. This means that the plant is among the cheapest ones to have been financed in the last three years…” click here for more

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