« Plagiarist physicists at Punjab University fired | News Picks home | Panel Finds Faults in America's Math System »

Companies aim for Middle East future based on solar, not oil power

news.com: Spanish renewable energy firm Sener and Abu Dhabi's clean-energy initiative, Masdar, announced a joint venture on Wednesday to build several power plants fueled by the sun's heat. The newly created firm, Torresol Energy, said it plans to build at least two large concentrating solar power plants a year with a goal of generating 320 megawatts over the next 5 years and 1,000 megawatts in 10 years. A large coal-fired power plant typically can produce hundreds of megawatts of electricity. The initial scope of the project is small compared to the total electrical consumption in the Middle East, but a report from the German Physical Society suggests that 50 years from now, the Middle East could be exporting liquid hydrogen to Europe from massive solar array complexes.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

COMPANY SPOTLIGHT