thermal

eSolar,which is a California based specialist in the field of solar thermal technology has recently announced a deal to license technology to Penglai Electrics,which will allow the firm to build major 2 gigawatts solar thermal power plants across China by 2021.

Although most of these projects are going to be financed by Chinese banks, local companies will be involved in the manufacturing of the equipment used in the plants. In some cases, the ownership of the actual power plants could be of any of the two parties, which would then be sold back to Penglai.

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Tagged as: chinese, firms, power plant, renewable energy, solar panel, solar plant, Solar Plant MV 2000, Solar power, Technology, thermal

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