Fred Morse: The Solar Thermal King Talks Consolidation, Financing

It’s one thing for a company to score a utility deal to build a solar thermal power plant; it’s another thing entirely to get that solar project permitted, connected to transmission lines and financed, says Fred Morse, U.S. senior adviser to Abengoa Solar, the solar arm of the decades-old Spanish renewable energy and engineering giant Abengoa. “You’ve got to be big and strong for this industry,” said Morse — dubbed the king of the solar thermal industry by Forbes — listing a series of hurdles that face companies once a solar thermal power purchase agreement gets signed, including land siting, permitting, linking to transmission lines and financing.
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