This ‘other’ form of solar energy can run at night, and it just got a big backer

Converting sunlight directly into electricity, the photovoltaic (PV) solar panel industry has dominated the solar generation market recently because of its astounding price drops. Prices have fallen 99 percent in the past quarter century and over 80 percent since 2008 alone. This has also helped to slow the growth of the “other” form of solar, concentrating solar thermal power (CSP), which uses sunlight to heat water and use the steam to drive a turbine and…

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This ‘other’ form of solar energy can run at night, and it just got a big backer

Converting sunlight directly into electricity, the photovoltaic (PV) solar panel industry has dominated the solar generation market recently because of its astounding price drops. Prices have fallen 99 percent in the past quarter century and over 80 percent since 2008 alone. This has also helped to slow the growth of the “other” form of solar, concentrating solar thermal power (CSP), which uses sunlight to heat water and use the steam to drive a turbine and…

Solution News Source

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