Sunshine, Mirrors And Steam: Meet The Company Quickly Decarbonizing The $444 Billion Industrial Heat Market

The Saudis are finding carbon-friendly ways to power industry

After reaching a peak valuation north of $400 million in its first incarnation, the solar-generated steam producer is back as a smaller company with a new strategy

Former prime minister Malcolm Turnbull is an investor in American solar steam producer GlassPoint and this week joined the advisory board that will help the revived company pivot toward a new strategy selling clean energy solutions to mining and manufacturing companies

Former Australian PM and Alcoa COO appointed to solar energy company advisory board

World’s biggest solar thermal plant to be built in Saudi Arabia

In the desert, these sprawling greenhouses help decarbonize heavy industry

Ma’aden to use steam from massive solar facility to produce alumina

“GlassPoint’s largest and most ambitious project to date – the 1 GW Miraah project in Oman – has hit each of its intermediate milestones on time and on budget, despite being sited in a very challenging and remote area. For a start-up to take on such an ambitious project and to deliver on its promises, rather than providing a stream of excuses and delays, is…refreshing.”

“Called Miraah, which means “mirror” in Arabic, the $600 million, 1,021-megawatt solar-thermal facility...will comprise 36 glasshouse modules and will generate an average of 6,000 tons of solar steam daily”

“One of the world’s largest solar farms is planned for the deserts of the Persian Gulf country Oman. But unlike most solar plants that produce electricity to power homes and buildings, the gigantic solar farm will use the sun’s rays to create steam”