Despite its big potential, concentrated solar power remains one of the most expensive mainstream options for generating renewable power.

Rather than trying to catch up through technological breakthroughs, however, the CSP industry should turn to lower-hanging fruit. That's the view of Dr. Luis Crespo, president of Protermosolar, Spain's solar thermal electricity association. Spain was a pioneer market for CSP, though it has since stalled.

CSP plants with thermal storage have greater operational and capacity value than standalone PV projects, but it's "fruitless to wait [for] electrical markets to pay more for that,” Crespo told GTM.

In the meantime, the cost gap between solar thermal towers with storage

A bid from renewables developer Invenergy to temporarily pause the Trump administration’s abrupt decision to reimpose tariffs on bifacial solar panels has been granted.

The Trump administration granted bifacial panels an exemption from the broader U.S. solar import tariffs in June, in part because of its determination that bifacial supply to the U.S. was “highly limited.” The decision was cheered by project developers eager to make use of a higher-efficiency technology that's expected to make big inroads in the solar market in the years ahead.

But in October, the administration reversed course on its exemption, giving the solar industry trade-policy whiplash and prompting challenges to

SunPower announced a plan Monday to separate into two companies, one focused on the downstream U.S. solar and storage market and the other on overseas PV manufacturing, with China’s Tianjin Zhonghuan Semiconductor to invest nearly $300 million into the manufacturing group.

SunPower itself will remain headquartered in Silicon Valley, and will continue to be led by current CEO Tom Werner. The company will focus on installing its high-efficiency solar systems for residential and commercial customers, while continuing to expand its offerings in batteries and other energy services for its largely North American customers.

Meanwhile, a new company known as Maxeon Solar will be formed, to be headquartered

California regulators have approved a 3.3-gigawatt "all-source" procurement that will pit new renewables, energy storage, demand response and other clean resources against natural gas-fired power plants in a race to meet what could be a major shortfall in grid capacity in the next four years. 

Thursday’s decision from the California Public Utilities Commission sets the stage for every utility, community choice aggregator (CCA) and third-party direct access (DA) provider in the state to secure a share of resources needed to keep the grid running during times of peak demand.

The all-source procurement is technically open to existing natural gas plants. But carbon-free alternatives are likely to

California regulators have approved a 3.3-gigawatt "all-source" procurement that will pit new renewables, energy storage, demand response and other clean resources against natural gas-fired power plants in a race to meet what could be a major shortfall in grid capacity in the next four years. 

Thursday’s decision from the California Public Utilities Commission sets the stage for every utility, community choice aggregator (CCA) and third-party direct access (DA) provider in the state to secure a share of resources needed to keep the grid running during times of peak demand.

The all-source procurement is technically open to existing natural gas plants. But carbon-free alternatives are likely to

Moixa, the U.K.-based energy storage developer, is prepping for international expansion supported by a future funding round and leveraging the scale of its ongoing growth in Japan.

The firm is now managing a network of more than 10,000 residential batteries in Japan, networked and managed as a fleet, less than a year after entering the market. It has a headstart on many of its competitors having started work on virtual power plant (VPP) trials back in 2013.

Moixa is now looking to leverage the flood of data and experience gained from its rapid progress in Japan. The company is adding 10 megawatt-hours of capacity to its GridShare platform every month through its partnership

A bid from renewables developer Invenergy to temporarily pause the Trump administration’s abrupt decision to reimpose tariffs on bifacial solar panels has been granted.

The Trump administration granted bifacial panels an exemption from broader U.S. solar import tariffs in June, in part because of its determination that bifacial supply to the U.S. was “highly limited.” The decision was cheered by project developers eager to make use of a higher-efficiency technology that's expected to make big inroads in the solar market in the years ahead.

But in October, the administration reversed course on its exemption, giving the solar industry trade policy whiplash and prompting challenges to

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