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8 months agoThere are different kinds of solar power generation, the photovoltaic panels that generate electricity directly that we all know and love, and thermal solar. You’ll commonly see a small-scaled version of this used on homes as a hot water system.
Scale it up though and you’ve got a system that can generate energy 24/7, as long as you’ve got enough thermal mass, and sunlight.
They’re investing in “green metal”, using their own renewable generation to produce hydrogen.
Whether or not it works out is another matter, but he (Andrew Forrest) seems to believe in it and is willing to put his money where his mouth is.