A system and method for energy-efficient and environmentally-friendly recovery of bitumen aims at recovering unconventional oil in an environmentally friendly and sustainable way that has the potential of eliminating the need of natural gas currently employed for steam production and power generation. The system and method aims at providing low temperature steam for the stimulation of the formation by means of solar radiation. In addition, the system and method provides a novel solution for hydrogen production that does not employ reforming of natural gas. Furthermore, the use of thermoelectric devices in combination with low temperature steam can be employed to power an electrolysis plant to generate the hydrogen necessary to produce synthetic oil.