Concentrated solar power (CSP), also called concentrating solar power or concentrated solar thermal, involves systems that collect solar heat for multiple purposes like cooking, desalination, or the generation of electric solar power, by using mirrors to concentrate a large area. Concentrated solar power (CSP), also called concentrating solar power or concentrated solar thermal, involves systems that collect solar heat for multiple purposes like cooking, desalination, or the generation of electric solar power, by using mirrors to concentrate a large area. A solar power tower at Crescent Dunes Solar Energy Project concentrating light via 10,000 mirrored heliostats, occupying an area of 13 million sq ft (1. CSP technology produces electricity by concentrating and harnessing solar thermal energy using mirrors. At a CSP installation, mirrors reflect the sun to a. Solar power, also known as solar electricity, is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Solar panels use the photovoltaic effect to convert light into an electric current. Grid Stability: PV dominates with LCOE of $0. 118/kWh, but CSP with thermal storage provides crucial grid stability services and 6-15 hours of dispatchable power that becomes increasingly valuable as renewable penetration grows. Geographic. The working principle of Concentrated Solar Power (CSP) is that it uses mirrors or lenses to reflect, concentrate, and focus natural sunlight onto a specific point (the receiver), which is then converted into heat, known as thermal energy.