MENA CSP KIP Newsletter 05/09/2018
5th September 2018
Welcome to the MENA CSP Knowledge and Innovation Program Newsletter!
Countries that are considering building Concentrating Solar Power plants would do well to learn about Chile’s experience with CSP.
Chile’s Atacama Desert has the world’s highest levels of direct normal irradiation and high energy demand from a burgeoning mining sector. It also lacks local sources of fossil fuels, relying on imported energy for most of its energy needs.
Despite favorable conditions, developers have had to overcome financing challenges and fight to win tenders in a hyper-competitive, subsidy-free market. Read on to find out how CSP has fared in Chile.
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