Blog - Solar Thermal Plants Losing out to Photovoltaics
Financing and environmental concerns have caused some solar plant developers to switch technology.In the last several years costs for solar power have dropped significantly, driven by advances in manufacturing technology, improvements in efficiency, and government support, among other things. Apparently, that's led some solar power plant projects to switch from using solar thermal technology—which involves concentrating sunlight to generate high temperatures that can be used to generate electricity—for photovoltaics, solar panels that convert sunlight to electricity directly. At least that's what Reuters reported today.
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