Glasspointincis A New York Based Company Founded In 2009 That Specializes In Solar Thermal Technology For Generating Steam In Industrial Processesthe Company Focuses On Hard To Abate Industries Such As Oil And Gasminingmetalsand Manufacturingin 2022Glasspoint Adopted Asteam As A Servicebusiness Modelbuildingowningand Operating Solar Thermal Plants That Provide Steam Under Long Term Contracts The Company S Enclosed Trough Technology Uses Lightweight Mirrors In Greenhouses To Concentrate Sunlightproducing Steam Efficientlykey Features Include An Enclosed Architecture That Protects Componentsthermal Storage Using Hot Liquid Salt Tanks For Energy Storageand Scalability For Large Industrial Applicationsglasspoint Operates In Sun Rich Regionsincluding The Middle East And The Americasand Aims To Help Industries Reduce Emissions By Replacing Fossil Fuel Generated Steam With Solar Energynotable Projects Include A Partnership With The Saudi Arabian Mining Company To Produce Significant Amounts Of Steam For Aluminum And Phosphate Processing
