The World's Largest Coal Supplier Sees The Future
The world's largest coal producer is changing with the times. Here's an excerpt:
I suspect the Germans have an overwrought seven-syllable word for extreme irony, but even they’d have a hard time describing this. The Shenhua Group, the largest coal producer in China, the nation producing the most coal, is building a giant solar plant.
Shenhua is partnering with SolarReserve, a Californian company that builds solar power plants designed to supply electricity to the grid. Its big breakthrough is energy storage, which uses molten salt towers to store solar power, allowing plants to supply electricity 24/7.