GlassPoint is back from liquidation with big plans to decarbonize heavy industry using solar-powered steam — and funding from BlackRock to make it happen. GlassPoint, a solar steam startup that was liquidated in 2020, is back with new funding, a new business model and plans for an enormous new decarbonization project. The [...]
GlassPoint Solar, a venture capital startup that focuses on the use of solar energy for steam generation in heavy oil production, has gone into liquidation after taking a hit by the COVID-19 crisis. The proceedings were announced by Oman's State General Reserve Fund (SGRF), which is a shareholder in [...]
In the past year of 2018, China completed a total capacity of 215 MW concentrated solar power (CSP) projects, almost 7 times of the 30 MW capacity made before 2018. China has become the No.5 country owning the biggest CSP capacity, and the most popular emerging CSP market with Morocco [...]
US-based GlassPoint Solar, a leading supplier of solar energy to the oil and gas industry, said it has signed a deal with Occidental of Oman for the development of a 2 GW solar thermal energy plant at the Mukhaizna oilfield in the sultanate. As the lead developer of the proposed [...]
Through its partnership with the National Aluminum Products Company (Napco), Oman’s largest aluminium provider, GlassPoint Solar, continues to generate sustainable in-country value (ICV) within the Sultanate. Building the Miraah solar plant with Petroleum Development Oman (PDO), GlassPoint is committed to developing a solar hub in Oman and contributing to the [...]
GlassPoint Solar, the leading supplier of solar energy to the oil and gas industry, announced today the appointment of Donald Sullivan as Vice President of Projects, Americas. Sullivan will lead the engineering, procurement and construction of GlassPoint’s California solar oilfield projects from its offices in Bakersfield, California. Sullivan brings nearly four decades [...]
Petroleum Development Oman (PDO), the leading exploration and production company in the Sultanate of Oman, and GlassPoint Solar, the leading supplier of solar energy to the oil industry, have inaugurated the Miraah solar plant. Miraah, located at the Amal oilfield in the south of the Sultanate, will be among [...]
Aera Energy, one of California’s largest oil and gas producers, and GlassPoint Solar, the leading supplier of solar energy for the oil and gas industry, today announced plans to build California’s largest solar energy project. Located at the Belridge oilfield west of Bakersfield, the integrated solar project will be the [...]
Petroleum Development Oman and GlassPoint Solar announced earlier this month the completion of the first block of one of the world’s largest solar plants, the 1,021 megawatt Miraah solar plant that will deliver 6,000 tonnes of steam per day for use on the Amal West oilfield in Oman. On [...]
GlassPoint Solar and partner Petroleum Development Oman (PDO), together building the 1-GW Miraah concentrated solar thermal park in Oman, announced today that the plant’s first block has successfully delivered steam to the Amal West oilfield. The project developers said in a joint statement that the first out of 36 [...]
GlassPoint Solar, a leading supplier of solar energy in partnership with Petroleum Development Oman (PDO) reduced costs by 55 per cent as the technology scales up from a seven-megawatt (MW) pilot to Miraah, a one-gigawatt solar thermal project under construction on an oilfield in Oman. These savings resulted from [...]
GlassPoint’s Miraah project achieves 55 per cent cost savings compared to the pilot project according to a technical paper co-authored with Petroleum Development Oman (PDO) and presented at SolarPACES 2017. GlassPoint Solar, the leading supplier of solar energy to the oil and gas industry, recently published new cost saving [...]
GlassPoint Solar recently concluded construction of the first block of its Miraah solar plant, located at the Amal oilfield operated by Petroleum Development Oman (PDO). “Our work was completed safely, on schedule and on budget, and we began producing steam in early September. We are now working alongside our [...]
