Tower of Power:

The capacity factor for this project is a more typical 27%. The nameplate capacity is 20 MW (hence the PS20 name).

Actual Power = Nameplate Power x Capacity Factor

5.4 MW = 20 MW x 0.27

The total area of the array is not stated in the wiki page. Google maps indicates that PS20 occupies a footprint of 1000 m x 1000 m = 1.106 m2. Again, because this is already in m2 there is no worry about unit conversion - whew!

Power Density = Average Power/Total Area

5.4 W/m2 = 5.4 MW/1.106 m2

Perhaps surprisingly this is about the same as a typical PV farm like Topaz. The idea of the extreme temperatures at the top of the tower mislead us into thinking that it will have a higher power density than other forms of solar power.

Cost/MW Installed Capacity:

It was difficult to find a cost estimate for the construction of PS20 though eventually I found a report that put it at 100 M$.

Cost/MW = total cost/nameplate power

5 $/W= 100 M$/20 MW

Comparable to solar trough collectors though a little better. As mentioned previously it's probably more reasonable to calculate the cost/W of delivered power. For PS20 the capacity factor is 27%

Cost/MW = total cost/delivered power

18.51 $/W= 100 M$/(20 MW x .27)

Again, very similar to solar trough collectors and much higher than traditional power plants.