Japan’s engineering and construction firm Chiyoda and Italian-based Archimede Solar Energy (ASE) inked a cooperation agreement for the development of CSP projects in the Middle East and North Africa (MENA) regions.
Developing petroleum and petrochemical industrial plants previously, Chiyoda plans to become an IPP developer incorporating ASE’s proprietary molten salt technology in its first venture into the CSP market. ASE, global producers of commercially available solar receiver tubes, uses solar thermodynamic plants that run with parabolic trough technology using sodium and potassium nitrate as their heat transfer fluid.
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