The company is exploringnew applications for its next-generation technology in the Middle East and NorthAfrica (MENA), where CSP plants can be used to produce steam for use inenhanced oil recovery (EOR) applications.
“Demand for solar thermal technology in the oil industry is surging,” says BandelCarano, managing partner of Oak Investment Partners, a venture capital firmthat is investing in eSolar.
He contends that eSolarhas made tremendous strides in lowering the cost of its technology whilebroadening its applications.
