eSolar Wins Massive Solar Thermal Deal in China

Updated: China isn’t just going gangbusters on solar photovoltaic systems (like this 2 GW deal with thin film solar firm First Solar). Over the weekend solar thermal startup eSolar said it has won a licensing deal with Chinese power equipment maker Penglai Electric to build 2 GW of solar thermal projects in China over the next decade.

eSolar says this will be China’s largest solar thermal project — technology which uses mirrors and lenses to concentrate the sun rays to power a steam turbine — and the first 92 MW project will get built this year. A company called China Shaanxi Yulin Huayang New Energy Co. will own and operate the initial projects.
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