GlassPoint

GlassPoint designs manufactures and installs solar steam generators for the oil and gas industry worldwide. They’ve forged partnerships with energy leaders and strategic investors including Royal Dutch Shell, Petroleum Development Oman and the State General Reserve Fund of Oman, the country’s largest sovereign wealth fund. Together, they’re unlocking massive new opportunities for solar power deployment in the global energy industry.

GlassPoint designed the enclosed trough technology to overcome the operating challenges found in harsh oilfield environments and deliver the lowest-cost steam. When used for thermal enhanced oil recovery (EOR), GlassPoint solar steam generators can reduce an oilfield’s gas consumption and carbon emissions by up to 80%. The gas saved can be redirected towards the export market or other high-value uses, such as industrial development and electricity generation. By saving valuable gas resources, their solar oilfield projects can help transform the local economies where they operate.