Concentrated Solar Power Pushes Against Solar Panels as Alternative

February 23, 2023--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--The recently-announced $586 million merger between U.S.-based Nabors Energy Transition Corporation (NETC) (NYSE:NETC) (Houston, Texas) and Australian solar firm Vast Solar Pty. Ltd (Sydney, Australia) has opened conversations about types of solar installations. While more than 90% of worldwide solar capacity currently takes the form of photovoltaic panels (PV), Vast reports it has spent 10 years researching and designing concentrated solar power (CSP) systems.

Also featured: Nabors Industries, Incorporated (NYSE:NBR)