Saturday 11 July 2015

Big Oil Worth $100 Billion for Solar After Biggest Plant Ordered - Bloomberg Business

Big Oil Worth $100 Billion for Solar After Biggest Plant Ordered - Bloomberg Business:



"Solar energy developers may be able to earn $100 billion or more by selling equipment to the oil industry for extracting heavy grades of crude, the head of the company that is developing the world’s biggest solar heat plant said.



Rod MacGregor, chief executive officer of GlassPoint Solar Inc., said the oil industry’s demand for energy is growing rapidly, and solar can supply much of that power."



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