
Global CSP costs drop 26% in 2018, capacity factors rise
The average levelized cost of energy (LCOE) of new CSP plants fell by 26% in $2018 to $185/MWh as developers implemented the latest technology and installation learnings, the International Renewable Energy Agency (IRENA), said in a new report.
Some 0.5 GW of new CSP plants were commissioned in 2018, predominantly in China, Morocco and South Africa. Installed costs ranged...