FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


[X]  QUARTERLY  REPORT  PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF
1934

                       For the Quarter ended June 30, 2000

                         Commission File Number: 1-14791

                              SOLAR ENERGY LIMITED

                         (formerly Salvage World, Inc. )
                      (originally Taurus Enterprises, Inc.)

Delaware                                                              76-0418364
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)


112  C  Longview  Drive,  Los  Alamos,  New  Mexico                        87544
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:         (505)  672-2000

Securities  registered  pursuant  to  Section  12(b)  of  the  Act:         None

Securities  registered pursuant to Section 12(g) of the Act: 3/30/99  13,153,911

Yes[x]   No[]  (Indicate  by check mark whether the Registrant (1) has filed all
reports  required  to be filed by Section 13 or 15(d) of the Securities Exchange
Act  of 1934 during the preceding 12 months (or for such shorter period that the
Registrant  was  required to file such reports) and (2) has been subject to such
filing  requirements  for  the  past  90  days.)

As  of  June  30,  2000  the  number  of  shares  outstanding  of
the  Registrant's  Common  Stock  was  13,153,911

                                        1
<PAGE>

                                  INTRODUCTION

     Our  1934  Securities  Exchange  Act  registration  of our common stock has
become  effective  during  1999,  but  has not yet cleared final comments by the
Staff  of  the  Securities  and  Exchange  Commission.

                          PART I: FINANCIAL INFORMATION


                         ITEM 1.   FINANCIAL STATEMENTS.

     Attached  hereto and incorporated herein by this reference are consolidated
unaudited  financial  statements under cover of Exhibit 00QF-2 for the three and
six  months  ended  June  30,  2000.


       ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.


     We are a research and development company with no revenues and no immediate
source  or  expectation  of  revenue  generation.  We have had no revenues since
inception.  We  have  been funded by our shareholder investors. Virtually all of
the  funding/working  capital raised to date has been allocated for research and
development  of our several prototype projects. All projects developed by us are
experimental in nature and are recorded as research and development expenses. Of
our  total expenses for the six months ended June 30, 2000 of $505,463, research
and  development  accounted  for  $359,473.

 (A)  PLAN  OF  OPERATION: NEXT TWELVE MONTHS. First, in general terms we intend
to  continue  the  development  of  our prototypes  SOLAWATT, SUNSPRING and MECH
ourselves,  through  this  reporting  corporation;  and  we intend to pursue the
development  of our prototypes SOLAREC and HTWO through Jade Electronic, Inc., a
Nevada  corporation.

     SOLAWATT  will  be  the  production  of  electricity  estimated by us to be
one-third  the  current  conventional  cost. SOLAWATT is the name for our unique
plastic-film  solar  collectors,  which  are  placed directly on the ground. Our
patent  application  for  SOLAWATT  (filed  under  its  original and former name
SPAESS)  is  S.N.  09/396,653.

     SUNSPRING will produce fresh water using only seawater and our unique solar
energy  collectors  (SOLAWATT)  in a reverse osmosis ("RO") desalination process
that  will  require  no  electric motors or outside power source. Osmosis is the
result of placement of fresh water on one side and seawater on the other side of
a  semi-permeable  membrane.  The  result  is fresh water flowing through to the
seawater  side.  Reverse Osmosis is the application of a significant pressure on
the  salt  water  side,  forcing water through the membrane and leaving the salt
behind.

     MECH will be designed as an internal combustion engine having one-third the
size  of  a  conventional engine with the same power and 25% greater efficiency.
The  MECH  engine  could  have  a wide variety of applications from vehicles and
propeller  driven  aircraft,  to  lawn  mowers  and  chain  saws.

     We  have effected a reorganization, by which we sold our subsidiary RECO to
Jade  Electronic,  Inc.,  a  Nevada  corporation,  ("JADE")  in  a related-party
transaction, by which, we initially own 63% control of Jade Electronic, Inc., as
another  corporate  asset,  before any further placements. By agreement of about
April  10,  2000  we sold RECO to JADE, in exchange for 8,500,000 shares of JADE
common  stock,  and  $180,000  cash.

                                        2
<PAGE>

     The  authorized  capital  of  JADE  is two hundred million shares of common
stock,  of  par value $0.001 per share, of which 5,000,000 shares are issued and
outstanding, immediately before the transaction. The issuance to us of 8,500,000
shares  results in our initial 63% ownership of the resulting 13,500,000 shares,
immediately  after  the  transaction.  This  transaction  may  be  viewed  as an
acquisition by us of JADE as a controlled subsidiary. This transaction is deemed
by management to better position our assets for both future funding programs and
more focused development of both SOLAREC technology and a marketing strategy for
it.  Although  we owned RECO 100% immediately before the transaction and now own
only  63%  of Jade Electronics, Inc. immediately afterwards, we have sold 37% of
RECO  for  $180,000,  which  we  can  apply  to our own funding requirements. We
believe  that, so positioned, the resulting RECO/JADE corporation could seek its
financing  independently  of  us, on its own merits, and with its own management
(to  be  determined)  to  the  mutual  benefit  of  both  corporations.

     This  is  a  related-party  transaction,  for  the  reason that one or more
officers,  affiliates  or  promoters  of JADE are believed to be shareholders or
affiliates  of  shareholders  of  this  parent  corporation.

     The  Projects  of  RECO  going  to  JADE  are  as  follows:

     SOLAREC  will  use  only  solar  energy  plus carbon dioxide (CO2) from the
atmosphere  to  produce  a  clean  usable  fuel  (gasoline,  diesel,  etc.) with
electricity  and  oxygen  as  byproducts.

     HTWO  is the concept to produce from coal, economical, pure hydrogen (while
dramatically  reducing CO2 emissions) for use in the growing fuel cell business.
Existing fossil fuel-based industrial production of hydrogen generates nearly as
much  CO2 as the normal operation of an internal combustion engine. This project
is  currently  at  a  computer  concept, research and feasibility stage and will
greatly  depend  upon  the  success  of  the next twelve month phase of SOLAREC.

      (1)  CASH  REQUIREMENTS  AND OUR NEED FOR ADDITIONAL FUNDS, TWELVE MONTHS.
We  have  depended  and  do  depend  on  continued  support  from  our principal
shareholders  to  cover  any  shortfall.  There is no binding agreement by which
these  or  any  shareholders  are committed to continue funding our research and
development.  While  our  shareholders  have  indicated  no  lack  of continuing
support, if our required funding is not provided, we may not be able to continue
as  a  going  concern.

     We  require approximately $3,000,000 to meet our budgetary requirements for
the  next  12  months.
Special  Tabs
HEAD  OFFICE/LAB  COSTS:
     rent                                                                 30,000
     utilities  (heat,  electricity,  water,  etc.)                       16,000
     office  supplies                                                     12,000
     phone,  fax,  courier,  web-site  maintenance                        28,000
     office  equipment  (computers,  etc.)                                30,000
     insurance  (business,  medical,  etc.)                               10,000
     travel,  entertainment                                               36,000
     outside  consultants                                                 35,000
     legal  (including  patent  costs,  public  company filings,etc.)     90,000
     accounting,  audit                                                   75,000
================================================================================
                                                                         362,000
SALARIES:
     Chief  Scientist  (SOLAREC)                                          65,000
     Chief  Scientist  (SUNSPRING)                                        65,000
     Interim  CEO                                                         25,000
     Process  Development  Engineer  (SOLAREC)                            63,000
     Project  Manager,  Mechanical  Engineer                             140,000
     Optical/Electrical  Engineer                                         61,000
     Technical  Staff                                                    150,000
     Clerical                                                             50,000

                                        3
<PAGE>

     Marketing/Investor  Relations  Team                                  90,000
     Miscellaneous  support,  casual  labor                              150,000
     Comptroller                                                          30,000
================================================================================
                                                                         889,000
PROJECT  PROTOTYPES:
     SOLAREC  PHASE  III  (hardware,  equipment,  tests)                 175,000
     SUNSPRING  PHASES  III  &  IV  (parts,  assembly,testing)           550,000
     SOLAWATT  PHASES  II  &  III                                        200,000
     MECH  PHASES  II  &  III
     (parts,  expander,  engine,and  manufacture  prototypes)            200,000
                                                                       1,125,000
================================================================================
SUBTOTAL                                                               2,376,000
     Research  &  Development  20%  Contingency                          470,200
================================================================================
TOTAL                                                                 $2,846,200

RE-Format  for  normal  TABS
     The  sources  of  these  funds  may  include  further  advances  by  our
Shareholders,  further  bridge financing from other accredited and sophisticated
investors,  and/or  proceeds  from the $180,000 cash from JADE. They may include
successful  governmental  grant  applications.  They may include packaging other
projects  for  sale in transactions similar to RECO/JADE, for stock and cash, in
which  we  retain  control  and  receive  some  cash  or  notes.

     There  can  be  no  assurance that we will be successful in raising capital
through  private  placements  or otherwise. Even if we are successful in raising
capital  through the sources specified, there can be no assurances that any such
financing would be available in a timely manner or on terms acceptable to us and
our  current  shareholders. Additional equity financing could be dilutive to our
then  existing  shareholders,  and  any debt financing could involve restrictive
covenants  with respect to future capital raising activities and other financial
and  operational  matters.

 (B)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
We  are a  development stage company. Our activities to date consist entirely of
research  and  development.

      (1)  OPERATIONS  AND  RESULTS  FOR  THE PAST THREE AND SIX MONTHS. We have
been  entirely devoted to research and development for the past two and one-half
years,  1998 and 1999, and the six months ended June 30, 2000. We continue to be
so  devoted.

     The  following  table summarizes the information contained in our financial
statements.

             The Remainder of this Page is Intentionally left Blank

                                        4
<PAGE>

<TABLE>
<CAPTION>
<S>                                 <C>             <C>            <C>           <C>
                                                Three Months                  Six Months
                                                   June 30                      June 30
                                             2000           1999          2000           1999
----------------------------------------------------------------------------------------------
Sales: . . . . . . . . . . . . . .  $        0.00   $       0.00   $      0.00   $       0.00
Cost of Goods Sold:
Gross Profit:. . . . . . . . . . .              0              0             0              0
Operating Expenses:
General and Administrative . . . .       -121,649        -10,318      -145,990        -18,723
Research and Development . . . . .       -151,953       -111,558      -359,473       -225,576
Operating Loss . . . . . . . . . .       (273,602)      (121,876)     (505,463)      (244,299)
Other Income and (Expenses)
Gain on sale of Investment . . . .         17,200              0        17,200              0
Interest Income. . . . . . . . . .          1,975          1,981         3,483          4,031
Total Other Income and  (Expenses)         19,175          1,981        20,683          4,031
Net Income (Loss). . . . . . . . .       (254,427)      (119,895)     (484,780)      (240,268)
Net Income (Loss) per share. . . .          (0.02)         (0.01)         (0.4)          (0.2)
                                    ==============  =============  ============  =============
Weighted Average common shares . .    113,153,911    112,353,911    13,153,911    112,303,911
</TABLE>


     Our  research  and development had accelerated in year 2000 over comparable
periods  in  1999.  This  is  due  in  part  to our identification of additional
projects  inspired  from  our  earlier  work.  In  addition  we  are  engaged in
completing  the  comment  and  analysis phase of our 1934 Act registration, with
considerable  legal  and  professional  expenses,  which  are not expected to be
normal  or  continuing.

     We  booked a gain on the sale in connection with our RECO/JADE transaction.

     The  following  table  summarizes  our  Balance  Sheet  information.

     The  Remainder  of  this  Page  is  Intentionally  left  Blank

                                        5
<PAGE>

<TABLE>
<CAPTION>
                                        6
<PAGE>
<S>                           <C>       <C>
Balance Sheet. . . . . . . .   6/30/00   12/31/99
                              ========  =========
Cash and Equivalents . . . .  $132,961  $ 263,371
Note Receivable (RECO/JADE).    65,000          0
Current Assets . . . . . . .   197,961    263,371
Property and Equipment, Net.    46,696     25,297
============================  ========  =========
Patent Costs . . . . . . . .    33,062     33,549
Goodwill . . . . . . . . . .   415,573    445,908
Deposits . . . . . . . . . .     4,537      4,537
Other Assets . . . . . . . .   499,868    509,291
Total Assets . . . . . . . .   697,829    772,662
============================  ========  =========
Accounts Payable . . . . . .    55,525     58,973
============================  ========  =========
Accrued Expenses . . . . . .    40,808     16,183
Notes Payable (Baycove). . .   654,609    428,639
Total Liabilities. . . . . .   750,942    503,795
</TABLE>


     Our condition does not amount to a substantial change for the first half of
2000.  The  significant  new  items  relate  to  our  RECO/JADE  transaction.


      (2)   FUTURE  PROSPECTS.  No  efforts  have  been made to date to identify
other  companies to manufacture our products or to identify probable or targeted
licensees.  We  have determined to await commercially viable prototype readiness
before  addressing  manufacturing  and  marketing  issues.  We  do not expect to
achieve  significant  sales,  if  any,  in  the  next twelve to eighteen months.

     HARPS  and  ACES  projects  have been deferred for the future. We expect to
turn  our  attention to these projects in 18 months to two years. These were our
original  programs  which  inspired  our  current  product development projects.

     SUMMARY.  We  do  not  expect  to  achieve profitability in the next twelve
months.  We  are  making  significant  progress  in  developing  and proving our
technologies.  We  are dependent for funding on the support of our shareholders.
There  is no assurance that funding will not run out. There is no assurance that
we  will  succeed  in our various efforts. While no guarantee can be given as to
when  or  whether  we  will  achieve  significant  revenues and profitability, a
reasonable  estimate  is  believed  to  be eighteen months to two years from the
date  of  this  Amended  Report.

                                        7
<PAGE>

                           PART II: OTHER INFORMATION


                           ITEM 1.  LEGAL PROCEEDINGS

                                      None

                          ITEM 2.  CHANGE IN SECURITIES

                                      None

                    ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

                                      None

           ITEM 4.  SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS

                                      None

                           ITEM 5.  OTHER INFORMATION

                                      None

                          ITEM 6.  REPORTS ON FORM 8-K

                                      None

                                    EXHIBITS

     Attached  hereto and incorporated herein by this reference are consolidated
unaudited  financial  statements under cover of Exhibit 00QF-2 for the three and
six  months  ended  June  30,  2000.

                                        8
<PAGE>

                                   SIGNATURES


     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form 10-QSB Report for the Quarter ended June 30, 2000, has been signed below by
the following persons on behalf of the Registrant and in the capacity and on the
date  indicated.


Dated:  August  18,  2000
                              SOLAR ENERGY LIMITED

                         (formerly Salvage World, Inc. )
                      (originally Taurus Enterprises, Inc.)


 /s/Dr.  Melvin  L.  Prueitt          /s/Joel  S.  Dumaresq
Dr.  Melvin  L.  Prueitt          Joel  S.  Dumaresq
Chairman/Director                 President/Director

/s/                            /s/Dr. Reed Jensen         /s/David M. Jones
Norman  Wareham                Dr. Reed Jensen         David M. Jones
Secretary/Treasurer            Director                Director
/Director

                                        9
<PAGE>

--------------------------------------------------------------------------------
                                 EXHIBIT 00QF-2

                         UN-AUDITED FINANCIAL STATEMENTS
                FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2000
--------------------------------------------------------------------------------

                                       10
<PAGE>

--------------------------------------------------------------------------------
                              SOLAR ENERGY LIMITED
                       Consolidated  Financial Statements

                                  June 30, 2000
--------------------------------------------------------------------------------

                                       11
<PAGE>

                              SOLAR ENERGY LIMITED
                           Consolidated Balance Sheets

                                     ASSETS
                                                  June  30          December  31
                                                    2000                 1999
                                                 (Unaudited)
--------------------------------------------------------------------------------

Current  Assets
   Cash  and  Cash  Equivalents                $     132,961       $     263,371
   Note  Receivable  -  Related  Party                65,000                   0
--------------------------------------------------------------------------------
Total  Current  Assets                               197,961             263,371
================================================================================
Property  and  Equipment,  net                        46,696              25,297

Other  Assets
   Patent  Costs                                      33,062              33,549
   Goodwill                                          415,573             445,908
   Deposits                                            4,537               4,537
--------------------------------------------------------------------------------
Total  Other  Assets                                 453,172             483,994
--------------------------------------------------------------------------------
      Total  Assets                            $     697,829       $     772,662
================================================================================

                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current  Liabilities
   Accounts  Payable                            $     55,525        $     58,973
   Accrued  Expenses                                  40,808              16,183
   Notes  Payable  -  Related  Party                 654,609             428,639
--------------------------------------------------------------------------------
Total  Current  Liabilities                          750,942             503,795
--------------------------------------------------------------------------------
Minority  Interest                             $     162,800        $          0
--------------------------------------------------------------------------------
Stockholders'  Equity
Common  Stock,  authorized  50,000,000
shares  of  $.0001 par  value,  issued  and
outstanding  13,153,911  shares                        1,315               1,315
   Paid  in  Capital                               1,797,197           1,797,197
   Retained  Deficit                              (2,014,425)        (1,529,645)
--------------------------------------------------------------------------------
       Total  Stockholders'  Equity                 (215,913)            268,867
--------------------------------------------------------------------------------
Total Liabilities and Stockholders' Equity     $     697,829            $772,662
================================================================================

    The accompanying notes are an integral part of these financial statements.

                                       12
<PAGE>

                              SOLAR ENERGY LIMITED
                      Consolidated Statements of Operations

                         For  the three  For the three  For the six  For the six
                          months ended  months ended  months ended  months ended
                            June  30      June  30      June  30      June  30
                              2000         1999           2000          1999
--------------------------------------------------------------------------------
SALES                        $       0   $       0    $       0     $          0

COST  OF  GOODS  SOLD                0           0            0                0

GROSS  PROFIT                        0           0            0                0

OPERATING  EXPENSES
General And Administrative
 Expenses                      121,649      10,318      145,990           18,723
 Research  and  Development    151,953     111,558      359,473          225,576

TOTAL  OPERATING  EXPENSES     273,602     121,876     (505,463)         244,299

OPERATING  INCOME  (LOSS)     (273,602)   (121,876)    (505,463)       (244,299)

OTHER  INCOME  AND  (EXPENSES)
Gain  on  sale of investment    17,200          0        17,200                0
Interest  Income                 1,975      1,981         3,483            4,031
Total Other Income
and (Expenses)                  19,175      1,981        20,683            4,031

NET INCOME (LOSS)        $   ( 254,427)  $(119,895)  $ (484,780)   $   (240,268)

NET  INCOME (LOSS)
PER SHARE                $       (.02)   $    (.01)  $     (.04)   $       (.02)

WEIGHTED  AVERAGE  NUMBER
   OF  COMMON  SHARES      13,153,911   12,353,911   13,153,911       12,303,911

    The accompanying notes are an integral part of these financial statements.

                                       13
<PAGE>

                              SOLAR ENERGY LIMITED
                      Consolidated Statements of Cash Flows


                                               For  the  six       For  the  six
                                               months  ended       months  ended
                                                  June  30            June  30
                                                   2000                 1999
--------------------------------------------------------------------------------
Cash  Flows  From  Operating  Activities

Net  income  (loss)                          $     (484,780)     $     (240,268)
Adjustments  to  Reconcile  Net  Income  (Loss)  to
  Net  Cash  Used  in  Operating  Activities:
   Depreciation & Amortization                       39,096                   0
   Gain  on  sale of investment                     (17,200)                  0
 Change  in  Assets  and  Liabilities
   Increase/(decrease)  in:
   Accounts  Payable                                (3,448)             (4,965)
   Accrued  Expenses                                24,625                4,867
--------------------------------------------------------------------------------
Net Cash Provided (Used) by
Operating Activities                              (441,707)            (240,366)

Cash  Flows  from  Investing  Activities
   Purchase  of  Property  and  Equipment          (27,761)              (6,812)
   Cash  paid  for  patent  costs                   (1,912)             (14,347)
   Cash  received  on  sale  of  subsidiary        115,000                     0
   Cash  acquired  in  acquisition                       0                42,733
--------------------------------------------------------------------------------
Net Cash Provided (Used)
by Investing Activities                             85,327                21,574

Cash  Flows  from  Financing  Activities
  Common  stock  issued  for  cash                       0               100,000
  Proceeds  from  debt  financing                  225,970               230,849
  Principal  payments  on  debt  financing               0             (110,000)
Net Cash Provided (Used by Financing Activities    225,970               220,849
--------------------------------------------------------------------------------
Net Increase (Decrease) in
Cash and Cash Equivalents                         (130,410)                2,057
--------------------------------------------------------------------------------
Cash  and  Cash  Equivalents
  Beginning                                        263,371               286,627
  Ending                                    $      132,961        $      288,684
================================================================================
Supplemental  Disclosures  of  Cash  Flow  Information:
  Cash  payments  for  interest             $            0        $            0
  Cash  payments  for  income taxes         $            0        $            0
================================================================================
Supplemental  Schedule  of  Noncash  Investing  and  Financing  Activities
================================================================================
 Common  shares  issued  for  services      $            0        $            0
================================================================================
    The accompanying notes are an integral part of these financial statements.

                                       14
<PAGE>

                              SOLAR ENERGY LIMITED
                                  June 30, 2000


NOTES  TO  FINANCIAL  STATEMENTS

Solar  Energy  Limited  (the  "Company")  has  elected to omit substantially all
footnotes  to  the  financial statements for the six months ended June 30, 2000,
since  there  have  been  no  material  changes  (other  than indicated in other
footnotes) to the information previously reported by the Company in their Annual
Report  filed  on  Form  10-KSB  for  the  Fiscal  year ended December 31, 1999.

UNAUDITED  INFORMATION

          The  information furnished herein was taken from the books and records
of  the  Company  without  audit.  However,  such  information  reflects  all
adjustments  which  are,  in  the  opinion  of management, necessary to properly
reflect  the  results of the period presented.  The information presented is not
necessarily  indicative  of  the  results  from operations expected for the full
fiscal  year.


SALE  OF  SUBSIDIARY

On  June  30, 2000, Solar Energy Limited sold 100% of it's interest in Renewable
Energy  Corporation  (RECO), a wholly owned subsidiary, to Jade Electronic, Inc.
(JADE)  for  63%  of  the  outstanding  stock  of  JADE  and  cash  of $180,000.

                                       15
<PAGE>