Target Market Highlights
Desalination
- Desalination capacity increasing by 10% annually
- Agricultural is 80% of total water use
- Current desalination is very carbon intensive
Enhanced Oil Recovery (EOR)
- EOR is increasing used in older oil fields to save gas
- To comply with environmental regulations
- $600M 1GW, GlassPoint plant being installed in Oman
Utility Scale Solar Power
- 2016 Global CSP installations – largest ever
- Thermal storage can reduce energy cost by ~30%
- With backup systems to provide “utility grade” power
Industrial Steam and Heat
- 200k industrial operations use steam in US alone
- 90% of these operations use steam <300C
Geothermal Boost
- Improves low grade geothermal performance by up to 55%
Commercial Markets
- Primarily Heating
- Greenhouse, Dairy etc
- Industrial Steam
- Food & Beverage
- Thermal Conversion
- Shopping Malls
- Hotels/Hospitals
- Solar AC
Uniquely Suited to Agriculture Operations
- Many operations require significant electricity and heating throughout the year
- Thermal energy can be stored for later use
- Solar heat can be used for cooling
- Many operators use propane for heating (3x cost of NG)
- Hog Farms
- Greenhouses
- Thermal Drying
- Poultry
- Dairy
- Food Processing