Good morning dear Getquin Community, energy is one of the biggest levers for the transformation of our economy and independence from fossil fuels. Today I would like to introduce you to the exciting solar thermal power (CSP) project from China.
https://videos.winfuture.de/27754.mp4
In the desert, two huge solar towers use thousands of mirrors to concentrate the sun's rays, store the heat in molten salt and use it to reliably generate electricity. The special feature: By storing heat, energy is also provided at night or when it is cloudy. This is a step towards a more stable renewable power supply beyond traditional photovoltaics and wind.
The CSP value chain is broad. The project and turbine side is dominated by $ENR (-1.49%) Siemens Energy (ENR), $ANA (-1.7%) Acciona (ANA) and $GE (-0.84%) General Electric (GE). They supply turbines, engineering and EPC services for the majority of plants worldwide. On the materials and storage side $SGO (-0.67%) Saint-Gobain (SGO) for glass and mirrors and $YAR (+1.22%) Yara (YAR), $NTR (+0.11%) Nutrien (NTR) and $OCI (+0.55%) OCI (OCI) for the provision of salts. These components are essential for thermal storage and therefore for the competitiveness of CSP. In addition, there are developers such as Abengoa Solar, BrightSource and Aalborg CSP, which realize special projects.
Takeaway: While photovoltaics has long since arrived in the mainstream, CSP is opening up new niches through the combination of electricity production and storage. The companies that supply mirrors, turbines, chemicals and engineering - the industry's blade manufacturers - are particularly exciting for investors.
The crucial question is whether CSP will manage to establish itself with these players as a serious pillar in the future energy mix alongside PV and wind.
Source: https://winfuture.de/news,152708.html and own creation
