In the new millennium, mankind is going to have to reconcile technology and the environment. Technological progress and the environment are no longer a contradiction in terms. Intelligent technologies for efficient, environmentally-friendly, and cost-effective electricity generation are in demand in the new millennium: the Solar Millennium!
Solar thermal power plants are able to replace conventional, fossil-fuel power plants. They can generate cost-effective electricity on demand using heat energy captured from solar radiation.
Solar Millennium is focusing on two technologies for solar thermal electricity generation: parabolic trough power plants, a proven technology in which Solar Millennium is currently a market leader, and solar chimney power plants which are being developed with the goal of achieving market readiness. Further renewable energy technologies are also being developed or monitored.