Overview of Awarded CSP & Molten Salt Thermal Energy Storage Projects in March 2026

In March 2026, both the concentrated solar power (CSP) and molten salt thermal energy storage sectors recorded significant progress, with multiple key projects reaching important milestones:

In the CSP sector, the Aba County “Solar Thermal +” 2 GW project (Phase I) successively finalized contractors for survey and design, as well as core equipment suppliers for the heliostat field, steam turbine, and steam generation system. Meanwhile, several CSP + PV hybrid projects, including those in Delingha by CGN and Gonghe by POWERCHINA, completed the awarding of key commissioning service contracts.

In the molten salt energy storage sector, a number of coal-fired power flexibility retrofit projects integrating molten salt storage—such as Jinshan No.2 Thermal Power Plant and Hefei United Power Generation—completed EPC and design-procurement contract awards. In addition, Xi’an Thermal Power Research Institute finalized bids for several R&D service projects related to core molten salt storage technologies, while Ningxia Power Investment Yinchuan Thermal Power Co., Ltd. initiated a feasibility study on molten salt energy storage applications.

According to incomplete statistics from CSPPLAZA, as of March 2026, a total of 15 CSP and molten salt energy storage-related projects, involving 24 major contracts, have completed tendering, bid awards, or candidate announcements. Details are as follows:

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