University of Arizona College of Engineering researchers will lead a 5 year research project worth US$5.5 million for developing efficient and cost-effective concentrated solar power systems. This was funded by the U.S. Department of Energy.
The research program will study the properties, composition, and costs of CSP heat transfer fluids based on new molten-salt, which is meant for production of electrical power efficiently and cost-effectively in addition to absorption, transfer and storage of solar energy.
Newly generated concentrated solar power serves as sustainable technology. The 5 MW Sierra Sun Tower constructed by eSolar stands in California, U.S. The 11 MW Plantar Solar 10 near Spain is the world’s first commercial solar tower power plant.
With innovative technology, the CSP plants are expected to generate 25 % of global electricity demands by 2050.