Until very recently, energy supply of the world has been treated as being nearly inexhaustible. Nowadays about 90 percent of the energy used is obtained from non-renewable resources: oil, natural gas, coal and uranium. These resources are being used up at an alarming rate. To meet our demands we are now searching for new sources of energy. One of these new sources of energy is solar energy which will assume increasing importance. It is free but means must be developed to use it economically. Research is actively under way to reduce the storage cost of this low intensity energy and for the design of economical systems. The purpose of this Institute is to provide an international forum for the dissemination of information on solar energy utilization: fundamentals and applications in industry. This meeting is primarily a high level teaching activity. The subject is treated in considerable depth by lecturers eminent in their field. The other participants include scientists, engineers, and senior graduate students who themselves are involved in a similar research and who wish to learn more about current developments, as well as scientists from other areas who are planning to research on solar energy. The lectures are supplemented by informal discussions designed to encourage the free and critical exchange of ideas. A limited number of contributions are also included. This volume contains both basic and applied information contributed during the Institute. The editors appreciate the cooperation of Martinus Nijhoff Publishezsin making the proceedings widely available.