Cosin’s Concentrated Solar Power pipeline reaches 1,360 MW
Cosin’s Concentrated Solar Power pipeline reaches 1,360 MW REVE
Notification of Award for Cosin Solar in the Luneng Fukang Hybrid Project
On April 22, 2024, Cosin Solar received the “Notification of Award” from Shandong Luneng Three Public Bidding Co., LTD., confirming that they have won the bid for the solar field and MSR system equipment supply of the 100MW CSP part of the Luneng Fukang Hybrid Project (new energy marketization and grid connection project). This achievement highlights Cosin Solar’s commitment to sustainable development and their contribution towards achieving the Sustainable Development Goals (SDGs).
The Luneng Fukang Hybrid Project
The Luneng Fukang Hybrid Project is located in Fukang City, Xinjiang Uygur Autonomous Region. It is invested by China Green Development Investment Group Co., LTD. and has a total installed capacity of 1GW, including 900MW PV and 100MW CT CSP. The 100MW CT CSP utilizes an 8-hour molten salt storage system and adopts the molten salt tower CSP technology developed by Cosin Solar. This technology enables the power grid to be adjusted approximately 135 times per year. Once completed, the Project is expected to generate 1675GWh of clean energy annually, saving 510,000 tons of standard coal and reducing 1,310,000 tons of CO? emissions.
Cosin Solar’s Performance Advantage
The winning bid for the Luneng Fukang Hybrid Project further expands Cosin Solar’s performance advantage in the CSP industry. Currently, Cosin Solar has an installed capacity of 1360MW for Tower CSP, including three operational projects totaling 110MW and eleven projects under construction with a capacity of 1250MW. This demonstrates Cosin Solar’s significant market share and leadership in the industry.
Contributing to Sustainable Development
Cosin Solar will leverage its expertise in Tower CSP technology, engineering, and operation to fulfill all project-related design, supply, and technical service requirements. They will also actively develop the “CSP+” multi-energy complementary market to promote the scale and sustainable development of China’s CSP industry. By doing so, Cosin Solar aligns with the SDGs and contributes to the global efforts towards a more sustainable future.
SDGs, Targets, and Indicators
1. SDGs Addressed or Connected to the Issues Highlighted in the Article:
- SDG 7: Affordable and Clean Energy
- SDG 13: Climate Action
- SDG 15: Life on Land
2. Specific Targets Under Those SDGs Based on the Article’s Content:
- SDG 7.2: Increase substantially the share of renewable energy in the global energy mix.
- SDG 13.2: Integrate climate change measures into national policies, strategies, and planning.
- SDG 15.5: Take urgent and significant action to reduce degradation of natural habitats.
3. Indicators Mentioned or Implied in the Article:
- Installed capacity of 1GW, including 900MW PV and 100MW CT CSP.
- 8-hour molten salt storage system.
- Power grid peak adjustment about 135 times per year.
- Expected clean energy production of 1675GWh per year.
- Saving 510,000 tons of standard coal.
- Reducing 1,310,000 tons of CO? emission.
Table: SDGs, Targets, and Indicators
SDGs | Targets | Indicators |
---|---|---|
SDG 7: Affordable and Clean Energy | 7.2: Increase substantially the share of renewable energy in the global energy mix. | – Installed capacity of 1GW, including 900MW PV and 100MW CT CSP. – Expected clean energy production of 1675GWh per year. |
SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning. | – 8-hour molten salt storage system. – Reducing 1,310,000 tons of CO? emission. |
SDG 15: Life on Land | 15.5: Take urgent and significant action to reduce degradation of natural habitats. | – Saving 510,000 tons of standard coal. |
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