The companies will collaborate with each other in pursuing, promoting and implementing the CSP projects using molten salt receiver tubes.

Archimede Solar is focused on the production of receiver tubes for solar concentrating systems utilizing a proprietary combination of solar thermal technologies and molten salt-based heat transfer fluid.

Solar receiver tubes are the key components of solar thermodynamic plants run with parabolic trough technology, which use sodium and potassium nitrate (molten salts) as their heat transfer fluid.