Post #75032
2025-12-17 20:46 UTC
Didn’t this exact plant go bankrupt due to solar panels being so much more efficient?
Replies (3)
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@brucethemoose@lemmy.world 2025-12-17 20:51
It would make sense. Thermal concentrator cost is basically fixed: mirrors of a specific quality, tracking mounts, an eye of sauron cooling loop. That tech doesn’t change. But the bulk of photovoltaic installation cost is the panels. And those get exponentially cheaper.
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@SaveTheTuaHawk@lemmy.ca 2025-12-17 23:28
There are hundreds of these.
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@tryitout@infosec.pub 2025-12-17 23:41
If you mean the Vegas one, then yes it’s closing, don’t know if it’s gone bankrupt exactly. en.wikipedia.org/…/Ivanpah_Solar_Power_Facility The facility, though cost effective at the time it was planned (2009), is now twice as expensive to run as solar photovoltaic technology, which has decreased in price much more rapidly than was expected in the 15 years since Ivanpah’s construction began.