GlassPoint, the leader in decarbonizing industrial process heat, today unveiled a range of technology advances that drive a 30% reduction in the cost of solar steam. In addition, the company revealed a new Unify storage system which uses direct heat and ternary molten salts to provide around-the-clock steam for industry, eliminating the need for costly [...]
When thinking about renewable energy, most people conjure visions of solar panels on rooftops or elegant white wind turbines, few imagine the humble greenhouse. And yet, a greenhouse with a twist is key to a groundbreaking solution in bringing net-zero to the tough-to-disrupt industrial heat sector. Industrial heat is the world’s largest end-use of energy [...]
One of the earliest recognitions of GlassPoint’s innovation in concentrated solar thermal was the SolarPACES Technology Innovation Award 2016 for its innovative trough CST enclosed inside glasshouses for generating steam directly for EOR. Now a Saudi factory will make GlassPoint’s lightweight trough solar collectors, and the firm has now expanded its market focus to include [...]
GlassPoint, a Concentrated Solar Power startup that specializes in selling solar-generated steam for industrial uses, is revamping its strategy to ensure it can better navigate future challenges. The company, along with other climate-tech ventures, is anticipating improved results due to the increased focus on carbon emissions reduction. One of the main factors that differentiate GlassPoint’s [...]
The new GlassPoint sells solar steam as a service, rather than requiring customers to buy the project. Ten years ago, GlassPoint CEO Rod MacGregor bucked the typical business plan for solar developers, both PV and Concentrated Solar Power (How CSP works): Sign an electricity contract with an electric utility to sell your solar power by [...]