The technology of Concentrating Solar Thermal Power (CSP) systems has reached a high level of commercial maturity and the level of deployment has been growing at around 40 per cent per year since 2005.

Resources and Energy Minister Gary Gray has launched new online tools supported by the Australian Renewable Energy Agency (ARENA) that will help researchers, developers and financiers assess the commercial prospects of CST power projects in Australia. “Concentrating solar thermal systems have the potential to play a significant role in future…