Solar Millennium

Solar Millennium was a German company specializing in the development of large-scale solar power projects, primarily concentrating solar thermal technology. This approach uses mirrors to focus sunlight onto a central receiver, generating heat that produces electricity. The company aimed to harness solar energy efficiently for sustainable power generation. Despite initial success, Financial difficulties led to its bankruptcy in 2013. Its projects contributed to advancing solar thermal technology and demonstrated the potential for renewable energy, though market challenges and competition from other renewable sources impacted its operations.