08 Apr '11, 9pm

Areva: Expect to See Solar Thermal Deals Soon: 2010 was in many ways a tough year for solar thermal power plan...

Areva: Expect to See Solar Thermal Deals Soon: 2010 was in many ways a tough year for solar thermal power plan...

2010 was in many ways a tough year for solar thermal power plants. Federal and state agencies approved a number of plants and some companies such as BrightSource Energy managed to land capital, power purchase agreements and loan guarantees, but the mammoth nature of the projects continued to prevent the industry from taking flight. Stirling Energy and Tessera Solar gave up on trying to develop two solar thermal parks based on its Stirling technology. Brightsource, perhaps the company farthest along, was hit by lawsuits from environmental groups. Solar Millennium early this year canceled its 250 MW Ridgecrest project. The declining cost of photovoltaics, meanwhile, continued to intrigue project developers and utilities. And the size of these PV projects continues to grow: First Solar and SunPower have projects in the 290 MW and 250 MW range. We had to ask: are solar thermal...

Full article: http://www.greentechmedia.com/articles/read/areva-expect-...

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Thanks for the kind words. Your thoughts and comments are inline with our thoughts.The next couple of months will be impor...

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