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GlassPoint (California)

GlassPoint manufactures solar steam generators for the oil and gas industry worldwide. GlassPoint systems are designed specifically to operate in harsh oilfield environments. GlassPoint solar steam generators produce steam at a lower cost than steam produced from gas-fired steam generators, making it practical to replace up to 80percent of the gas used for Enhanced Oil Recovery (EOR). Because solar steam generators have no fuel cost, the cost of the heat produced is fixed for the 30-year life of the equipment. This contrasts with natural gas costs, which fluctuate widely over the lifetime of a project.