Cooperation Agreement between AIRLIGHT ENERGY and Saipem

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July 24, 2013

AIRLIGHT ENERGY and Saipem signed a cooperation agreement for the construction of concentrated solar power plants (CSP) with technology owned by AIRLIGHT ENERGY.

Concentrated Solar Power has huge market potential. According to a study carried out by Greenpeace International, the European Solar Thermal Electricity Association, and the International Energy Agency’s SolarPACES concentrated solar power could account for up to 25% of the world’s energy needs by 2050 and the estimated annual investment could potentially reach USD 90bn.

Here  media release