On May 28, the 12th China International CSP Conference & CSPPLAZA Annual Conference, co-hosted by CSPPLAZA and Cosin Solar Technology Co.,Ltd., was grandly held in Hangzhou, Zhejiang. The event attracted approximately 900 representatives from domestic and international attendees, with around 70 exhibitors participating.

During the conference, the CSPPLAZA AWARDS 2025 ceremony took place, where Cosin Solar was honored with two major awards: the 'Outstanding Contribution Award' and the 'Industrial Innovation Award', underscoring its industry leadership and widespread recognition. Sun Rui, Senior Advisor of the Electric Power Planning & Engineering Institute, and Wang Zhifeng, Chairman of the National Solar Thermal Energy Technology Innovation Strategic Alliance, presented the awards.

The CSPPLAZA AWARDS 2025 featured three categories: 'Outstanding Contribution Award', 'Industrial Innovation Award' and 'Multi-Scenario Application Award.' The winners were determined after a rigorous review by the selection committee and a public vote. The Outstanding Contribution Award recognizes industry-leading enterprises that have made systematic and sustained contributions to advancing the CSP market and building the industrial ecosystem. The Industrial Innovation Award honors companies that have demonstrated outstanding achievements and proactive exploration in technological innovation and business model development within the CSP sector.

Citation for the Outstanding Contribution Award

As a pioneer and trailblazer, Cosin Solar Technology Co.,Ltd. has written a remarkable legend in the global CSP industry. By the end of 2024, the company had achieved a cumulative CSP capacity of 1.36GW, securing a domestic market share of 50.75%. It stands as the world's only Tower CSP technology provider with a track record of over 1GW.

During the integrated project development phase, Cosin Solar has earned the trust of major state-owned power enterprises, including PowerChina, Energy China, and CGN, thanks to its profound technical expertise. Currently, over ten 'CSP+' integrated projects are under construction in Qinghai, Gansu, Xinjiang, and other regions, with a total capacity of 1.25GW. Additionally, the company is developing a 350MW standalone CSP plant.

Cosin Solar is committed to reducing costs and improving efficiency in CSP. By leveraging centralized procurement and expanding production capacity to achieve economies of scale, as well as optimizing equipment and system design, increasing unit capacity, and refining operational strategies, the company has unlocked significant cost-saving potential. For instance, the 350MW tower CSP project in Golmud, Qinghai, developed by Cosin Solar, has achieved an electricity price of 0.55 yuan/kWh, a reduction of over 50% compared to the 1.15 yuan/kWh price of the first batch of demonstration projects.Taking the industry’s development as its mission, Cosin Solar actively contributes to policy formulation and standard system development. It has undertaken the CSP research task for the '15th Five-Year Plan' study. To date, the company has led the compilation of 2 international standards and 5 national standards, while participating in 5 international standards, 5 national standards, and 20 industry group standards, significantly advancing the global standardization of the CSP sector.

Citation for the Industrial Innovation Award

In CSP technological innovation, Cosin Solar Technology Co.,Ltd. has positioned itself as a disruptor, focusing on independent R&D to establish a comprehensive core technology system for domestically produced tower CSP plants. From its small-scale test base in Hangzhou to the 10MW CSP plant in Delingha, and from the first batch of demonstration projects to the 350MW large-capacity standalone CSP demonstration plant, Cosin Solar has continuously refined its technical and practical solutions. The company holds 242 valid patents and 59 software copyrights, having overcome key technologies such as high-precision large-scale heliostat automatic aiming, grid-based energy coordination control for high-temperature receivers, large-capacity safe energy storage and rapid load adjustment, and 350MW-level multi-tower single-unit technology.

In business model innovation, Cosin Solar has reshaped the industry landscape with its forward-thinking strategies. Drawing on extensive project experience, the company has set its sights on the commercial demonstration of standalone CSP plants with capacities exceeding 300MW, characterized by low costs. Cosin Solar independently developed the 350MW tower CSP plant in Golmud, the world’s largest single-unit CSP project with the longest energy storage duration. Upon completion, this project will bring significant technological and economic benefits to the CSP industry, offering low-cost solutions for equipment selection, system design, operation, and maintenance. It will powerfully drive the high-quality and large-scale development of CSP.

On the morning of May 30, over a hundred conference attendees visited Cosin Solar’s new exhibition center. Guided by the staff, the delegation explored four themed sections: 'Lighting the Way To Success'，'Concentrating Solar Power'， 'Molten Salt Energy Storage'，and 'Harnessing Light for a Brighter Future'. They gained an in-depth understanding of the company’s development history, project achievements, integrated tower CSP solutions, comprehensive energy solutions based on molten salt storage, and the sustainable development path of China’s CSP industry. After the tour, the representatives highly praised Cosin Solar’s innovative capabilities, technical products, and contributions to advancing the industry in the fields of CSP and molten salt energy storage.