"Areva SA of France predicts the global use of solar-thermal power will grow by about 30-fold this decade, a forecast that spurred the world’s largest maker of nuclear reactors to buy a California-based equipment maker."
"The deal was similar to recent purchases in the industry and indicate how traditional energy companies are branching into green power by acquiring competitors and using subsidies.
Siemens AG, Europe’s largest engineering company, agreed last year to a 8 million purchase of Beit Shemesh, Israel- based Solel Solar Ltd. Abengoa SA, also an engineering company, is building 13 solar-thermal plants in Spain that will benefit from consumer subsidies for clean energy.
The Financial Times reported Areva may have paid more than 0 million to acquire Ausra. Areva and Ausra did not disclose the terms of the deal."
http://www.businessweek.com/news/2010-02-09/areva-says-solar-thermal-market-may-increase-30-fold-by-2020.html
The world’s largest maker of nuclear reactors seems to be moving to the concentrated solar thermal market. What do you make of it? Do they perhaps see solar thermal as the more promising technology?
 buying Ausra (solar thermal manufacturer)? "Pin It")