Saudi Arabia’s Solar Tycoons

Grids are expanding with clean energy around the globe. Saudi Arabia’s energy minister, Khalid Al-Falih, stated back in January 2017 that his country will begin soliciting bids for a “massive” renewable energy push, with spending to be ramped up to as high as $50 billion. The move is intended to source at least 10 GW of electricity from solar and wind by 2023, a rapid escalation of renewable energy installations in order to conserve oil for exports. The Gemasolar thermal power station below is a 15 MW solar power tower plant. Gemasolar employs molten salt technologies for receiving and storing energy. Its 16-hour molten salt storage system can deliver power around the clock, 24 hours per day.

The peak power output of this array is 2400 Watts. Over 100 units similar to this prototype array will be installed in Saudi Arabia to provide electricity.

Gemasolar, a 15 MW solar power tower plant. Gemasolar employs molten salt technologies for receiving and storing energy. Its 16-hour molten salt storage system can deliver power around the clock. It runs the equivalent of 6570 full hours out of 8769 total. Gemasolar is owned by Torresol Energy and has been completed in May 2011.