I don’t think this is what they are directly aiming for with this specific one, but this general idea of a large field of reflectors and a central receiver can be built to store heat for a while. That lets you use solar power overnight
This sort of solar power generally doesn’t compete successfully with regular solar panels in cost, and obviously it can’t just be set up on a bunch of random roofs like panels can. Still, it’s potentially a very useful technology if someone does work out how to make it a bit cheaper or more efficient, and it still generates clean power in the process too
Yeah, exactly. That’s also how coal, gas, and nuclear power plants work too. Turns out that running steam through a turbine is just a really good way to make power.
You actually can make other fuels with solar power too, and since they’re listing it separately from water splitting I think they might be doing that. It is possible to make hydrocarbon fuels out of CO2 and water (or mlre accurately, carbon monoxide and hydrogen) with the right combination of catalysts and energy. It’s an application of the Fischer–Tropsch process, which has traditionally just been used for converting coal or biomass into more useful forms. So if that’s what they’re doing, they’re taking carbon out of the air and hydrogen out of water and then combining those two into petrol and such, using solar energy for each step of the process