A wide range of concentrating technologies exists: among the best known are the parabolic trough, the compact linear Fresnel reflector, the Stirling dish and the solar power tower. Various techniques are used to track the sun and focus light. In all of these systems a working fluid is heated by the concentrated sunlight, and is then used for power generation or energy storage. Thermal storage efficiently allows up to 24-hour electricity generation.
Okay, an “about solar” page wouldn’t be complete without a list of the largest solar power plants in the world, right? (Though, note that much of the solar power capacity in the world is in small installations and one of the prime advantages of solar is its decentralization and its ability to help “democratize” the electricity system — even the CIA and Department of Defense have focused on the national security benefits of solar.) Nonetheless, I think almost everyone loves a list of the “largest _________,” so here are two current lists (largest solar thermal power plants and largest solar photovoltaic power plants):
Climate change concerns coupled with high oil prices and increasing government support are driving increasing rates of investment in the sustainable energy industries, according to a trend analysis from the United Nations Environment Programme. According to UNEP, global investment in sustainable energy in 2007 was higher than previous levels, with $148 billion of new money raised in 2007, an increase of 60% over 2006. Total financial transactions in sustainable energy, including acquisition activity, was $204 billion.
Many industrialized nations have installed significant solar power capacity into their grids to supplement or provide an alternative to conventional energy sources while an increasing number of less developed nations have turned to solar to reduce dependence on expensive imported fuels (see solar power by country). Long distance transmission allows remote renewable energy resources to displace fossil fuel consumption. Solar power plants use one of two technologies: