New $5B Solar Thermal plant in California For many years, we at Greenworldinvestor have forecasted the demise of the solar thermal technology and sure enough all the major startups in the solar thermal energy got bankrupt one by one. With the technology getting slaughtered by the rapid development of the solar PV technology whose costs […]

We at Greenworldinvestor had sounded the end of the solar thermal technology almost 3 years ago, when we had said the technology was no longer competitive with silicon solar PV technology. CSP technology which is based on solar thermal effect had many technology providers four to five years ago. At that time, the cost of […]

Only 1 Solar Thermal Plant built out of 5 Plants India had allotted 50% of the power target to be generated during Phase 1 of the JNNSM to thermal power energy. That was a stupid policy move as I had pointed out at that point of time. Not to beat my own drum but the […]

Desertec Project to close down I have always been a big critic of the Desertec project which envisaged building huge solar thermal plants in North Africa and transporting that power to Europe. The main reason for my negativity was the massive advancements that solar PV technology has made in comparison to the solar thermal technology […]

India has awarded 500 MW of solar thermal plants during JNNSM Phase 1, as it gave both solar PV and solar thermal technology an equal boost. However solar thermal technology is losing out to solar PV even during 2011; and we had pointed it out that giving solar thermal technology too much money did not […]

Every single solar thermal plant awarded under India’s federal subsidy program (JNNSM Phase 1) is delayed according to MNRE. Note I have been critical about solar thermal technology for a long time now because of the manifold problems that the technology faces. The sharp erosion in solar panel prices has made solar PV technology move […]