PUBLISHING DATE
Aug 30, 2021
ABSTRACT
Concentrated Solar Power (CSP) is a technology that uses mirrors to concentrate solar radiation to generate heat. This heat is then used to generate steam that drives a turbine whose kinetic energy is converted into electricity. CSP plants can integrate thermal energy storage (TES) to provide stable power output when needed, even at night-time or during cloudy periods. In this regard, CSP is more flexible than most forms of renewable energy (RE) .
This case study looks at the Climate Investment Funds’ (CIF) experiences in supporting Concentrated Solar Power (CSP) projects in Chile, Morocco, and South Africa, with the intention of drawing lessons to enhance the transformational impacts of future investments in the clean energy transition.