CSP lenders push for competitive PPAs to build sustainable industry
By Robin Sayles
Précis:
Project sponsors must prioritize market-focused offtake contracts and tap all private and public debt sources to maximize bankability and build on rising confidence in CSP technology, industry experts told CSP Today.
Debt and equity providers are gaining experience in CSP financing as costs continue to fall.
Global installed CSP capacity has more than doubled in the last five years, increasing from 2 GW in 2012 to 5 GW in 2016, according to the CSP Today Global Tracker.
To date, operational parabolic trough plants account for as much as 4.2 GW, while tower-based plants make up 640 MW.
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