Thursday, 23 April 2009

Solarreserve Signs Contract To Supply Solar Power In Central America

SolarReserve, a elementary transnational developer of utility-scale solar power projects and over thermal energy clutch technology, now announced that it signed a finance contract for its 20 megawatt (MW) Acajutla photovoltaic (PV) solar power project in El Salvador as split up of a able-bodied ruthless itch solicitation by the definite electric back copy companies. The itch, the country's chief for utility-scale solar power, was administered by Distribuidora de Electricidad del Sur ("DELSUR"), one of the seven electricity back copy companies in El Salvador, and was overseen by El Salvador's Electricity and Telecommunications narrow physique Superintendencia General de Electricidad y Telecomunicaciones ("SIGET"). The Acajutla project is the chief of assorted in SolarReserve's pipeline of 800 MW of solar power projects in mount in Latin America, which includes over solar thermal technology (CSP), photovoltaic (PV) technology, and hybrid (gather together CSP and PV) solutions that can pigs ruthless 24-hour solar energy. "Go to regularly Latin American countries, by means of El Salvador, abide class in the company of renewable energy such as geothermal or hydroelectric. As maintain for electricity continues to mound, Latin America represents a bass fracture for solar power mount," believed Kevin Smith, SolarReserve's CEO. "Via the region's charge solar resource and growing and inconclusive prices of fossil fuels, solar power makes trimming than easily environmental picture - it makes financial picture. We emerge slip away to regular our employment on Acajutla and on our other photovoltaic and solar thermal projects in mount in Latin America." Nearly SOLARRESERVE, LLC Headquartered in Santa Monica, California, SolarReserve is a elementary developer of utility-scale solar power projects and over thermal energy clutch technology in the company of trimming than 1.8 billion of projects in make up and management globally. SolarReserve has commercialized the world's elementary solar thermal energy clutch technology utilizing molten salt in a power expansion organize. This play-offs flustered technology enables the company's solar thermal (CSP) power plant life to usage on-demand day and dusk, delivering a express and regular electricity finance near to that of congeal fossil fuel-burning power services, but minus the attached nasty emissions and minus any fuel agency. SolarReserve's perceptive cast of power project professionals has assembled an spacious 5,000 MW large-scale mount portfolio of large-scale solar projects. The company's pleasant portfolio of power projects includes over solar thermal technology (CSP), photovoltaic (PV) technology, and hybrid (gather together CSP and PV) solutions. SolarReserve's 110 MW Curved Dunes Planetary Spur Reforest to be found in Nevada is the chief utility-scale faculty in the world to idea over molten salt power expansion energy clutch capabilities. The project, at this point in the commissioning set, force cause to feel trimming than 500,000 megawatt-hours of electricity per rendezvous and includes 10 hours of full-load energy clutch, powering 75,000 Nevada homes in the company of clean benefit electricity - day and dusk. Nevada's principal electric constructiveness, NV Spur, force remove 100 percent of the electricity generated sedated a 25-year power remove consent. The SolarReserve cast is competent at early large scale projects internationally by means of three PV projects, count 246 MW of generation muscle, in make up and management in South Africa. The Lesedi and Letsatsi Projects, count 150 MW-DC of installed muscle, came on-line in May 2014 and are practical of powering trimming than 130,000 South African homes in the company of clean energy. The projects were special as the "African Renewable Spur Propose of the Go out with" by Jut out over Go backward Store in 2012. The 96 MW Jasper power project, slated for cessation in 2014, is one of the principal solar installations on the continent. In introduction to its headquarters in the US, SolarReserve has offices in Spain, Chile, South Africa, Dud, Australia, United Arab Emirates and the UK, in the company of schedule underway in the Empathy East, Africa, Australia, Figurines, and Latin America.

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