GlassPoint reduces costs by 55 percent


(MENAFN) The leading supplier of solar energy GlassPoint Solar reduced the costs along with Petroleum Development Oman (PDO) by 55 percent as the technology scales up from a seven-megawatt (MW) pilot Miraah, a one-gigawatt solar thermal project under construction on an oilfield in Oman.GlassPoint said in a recently published new cost saving achievements in a technical paper presented at SolarPACES 2017, that these savings resulted from the use of improved designs, enhanced tooling and increased workface productivity in deploying its enclosed trough technology.Ben Bierman, COO and acting CEO of GlassPoint said "GlassPoint's pilot project for PDO, which produces steam for oil production, has been operating successfully for more than four years. During this time, we worked closely with our partners at PDO to enhance the technology for oilfield deployment and improve overall cost efficiency as we scale by a factor of 100".

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