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rath
B.V. Info Seeker
Joined: Nov 26, 2003
Posts: 1529
Location: Australia
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 Posted: Wed Aug 13, 2008 5:01 pm Post subject: wish i had a forum 2 post this. WorleyParsons solar energy. |
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SAY IN A (TRADE FINANCE & CORPORATE NEWS) FORUM.
hint, hint........... 
AUSTRALIA could be home to the world's largest solar energy plant in three years, with a study backed by major miners under way to build a series of $1 Billion renewable energy operations.
Global engineering company WorleyParsons is leading the way for nine of its clients, which include BHP Billiton and Rio Tinto, to investigate building 250 megawatt advanced solar-thermal power stations, with predictions the first could be operating by 2011.
WorleyParsons managing director, Peter Meurs, said it wasn't a matter of if, but when the plants were built.
"Our vision is big but it makes sense. We want to see 34 stations by 2020," he said.
"We could become the absolute world leader at about number eight and that would be a wonderful place to be at. This is a real solution with serious players and proven technology."
WorleyParsons made the solar-thermal announcement on the back of its strong annual results, released yesterday, which showed a 53 per cent lift in annual profit.
Net profit for the year ended June 30 rose to $343.9 million, from $224.8 in the previous 12 months.
The services provider to the energy, resources and infrastructure sectors said current year earnings would outstrip the 2007-08 result.
"Subject to conditions remaining favourable, we expect to achieve increased earnings in 2009," chief executive John Grill said.
The robust results were driven by the booming resources and energy sectors and the contribution of bolt-on acquisitions.
Full-year earnings before interest, depreciation and amortisation leapt 66.1 per cent to $587 million.
WorleyParsons said 2008 had already seen solid progress in the development of several new initiatives for EcoNomics -- its sustainability arm -- including the investigation of advanced solar-thermal power.
Mr Meurs said the company had already completed its own initial study, which showed Australia was perfectly placed to produce solar-thermal power.
"We didn't know when it would work and were quite surprised at how well it will work," he said.
WorleyParsons said advanced solar-thermal power will be a critical part in the climate change debate and a key to Australia's target of obtaining 20 per cent of its energy from renewable sources by 2020.
The federal Government has already been involved in preliminary talks with the company and is expected to watch the study's findings with interest.
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November 2007
Ausra Opens First U.S. Solar Thermal Power Factory
Ausra, the developer of utility-scale solar thermal power officially opened the reflector production line of its first North American manufacturing and distribution center in Las Vegas. The 130,000-square-foot, highly automated manufacturing and distribution center will supply the reflectors, absorber tubes, and other key components of the company's solar thermal power plants to the rapidly growing Southwestern solar power industry.
U.S. Senate Majority Leader Harry Reid (D-NV) and Ausra President and CEO Robert Fishman officially started the reflector production line. They were joined by Solar Energy Industries Association (SEIA) President Rhone Resch, Nevada Development Authority (NDA) President & CEO Somer Hollingsworth, and a bipartisan group of southern Nevada government and business leaders in opening the factory line – the first of its kind in the United States.
"Nevada is poised to be a leader in the clean energy revolution," said Reid. "This facility will help position our state as the premiere place to invest in these new technologies. As the factory expands operations and we continue to invest in clean energy, we'll create thousands of good-paying jobs and keep our outdoors pristine for future generations."
"This is a crossover point for this industry," said Fishman. "Ausra's factory is accelerating Nevada's and America's solar future by tripling worldwide manufacturing capacity, relieving the supply constraint that has slowed the industry, and continuing to drive down costs. By a 94 percent majority, the American public wants solar power development to help address rising prices for traditional energy sources. We're ready to respond now with a clean, reliable and cost-competitive energy choice that will be an economic development machine for the country. Herein Southern Nevada alone, developers are planning over $50 billion of future solar power plants."
In November 2007, Ausra and California utility Pacific Gas and Electric Company (PG&E)announced a power purchase agreement for a 177-megawatt solar thermal power plant to be built in central California. The power plant will generate enough electricity to power more than 120,000 homes. (http://ausra.com/news/releases/071105.html)
Ausra's Las Vegas manufacturing center will make solar field equipment for the PG&E project,for other power projects throughout the American Southwest, and for Ausra's process steam customers, who are adopting solar thermal power to lower their fuel costs and emissions in their operations, including food processing, enhanced oil recovery and refining, and pulp and paper manufacturing.
The Las Vegas facility will employ a staff of 50. At full capacity, it will annually produce more than 700 megawatts of solar collectors – enough to power nearly half a million homes, and keep 1,400 construction workers employed building solar power plants.
"New projects like this demonstrate how the solar industry is a powerful economic engine that is putting Americans back to work and expanding manufacturing when we need it most. Americans are demanding policies that support this industry because they know solar power can secure the nation's energy future and grow the economy," said Resch.
"We are proud that Ausra has chosen southern Nevada for its U.S. manufacturing plant, bringing economic growth and new jobs to our state," said Hollingsworth. "The business-friendly environment we enjoy here provides Ausra and other companies a wealth of benefits. Nevada's alternative energy business is fast becoming a bright spot for our state's economy, and we are excited to have Ausra be a part of that."
Ausra's Compact Linear Fresnel Reflector solar technology captures the sun's power to produce electricity without pollution. Mirrors focus sunlight to heat water pipes, and the resulting steam drives a turbine to generate electricity.
About Ausra Ausra, Inc. develops and deploys utility-scale solar thermal power technology to serve global electricity needs in a dependable, market-competitive and environmentally responsible manner. Headquartered in Palo Alto, Calif., Ausra is a privately held company funded by Khosla Ventures and Kleiner, Perkins, Caufield & Byers. To learn more about Ausra and solar thermal power in general, visit www.ausra.com.
The company at the heart of the development is Ausra. It was started by Australian solar expert David Mills.
What makes this announcement more significant is that the utilities are confidently predicting that their solar power will soon be providing baseload electricity - that is, day and night - at prices competitive with coal.
Those associated with the project believe it could signal a paradigm shift in electricity generation.
After decades as a fringe player in the energy industry, solar power is finally taking off in the world's largest economy.
Dr Mills says solar power could potentially supply most of the world's electricity.
"My hope, my dream if you will, is that this will become a mechanism not only for the majority of the electricity generation in the United States but the majority globally," he said. |
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The Great Escape a Good film 200 prisoners smuggled out of a camp the Germans said was escape-proof. the most daring breakout of World War2 a story of cunning & courage, Australian POWs figured prominently. In the real event no Americans were involved |
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rath
B.V. Info Seeker
Joined: Nov 26, 2003
Posts: 1529
Location: Australia
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| Posted: Wed Aug 13, 2008 5:03 pm Post subject: |
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Australia to aid China's solar city plan.
April 11, 2008 - 2:02PM
Australia is to help China develop what could be the world's largest solar city.
It will also fund the trial of an Australian system to monitor the health of three rivers - the Yellow, Pearl and Da Ling - in China.
Prime Minister Kevin Rudd revealed details of the projects while visiting a power plant on the outskirts of Beijing on Friday.
The coal-powered plant is the site of a pilot post-combustion carbon capture project, a joint initiative of the CSIRO, the China Huaneng Group and China's Thermal Power Research Institute.
Australia will fund a feasibility study into the development of the largest solar-powered city in the world at Weihai, in north-east China.
It will also fund a pilot project of Australian carbon-measuring systems in regional China.
Mr Rudd said there would also be a new ministerial level dialogue between the two countries that will provide high-level oversight to clean energy technologies, climate change science, adaptation and building the capacity of China to respond to climate change.
"These practical climate change and water projects are making a small but significant contribution to the Chinese government's efforts to be part of the global solution to climate change," Mr Rudd said.
"If successful, each of these small projects has the potential to be rolled out nationally across China."
© 2008 AAP |
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_________________
The Great Escape a Good film 200 prisoners smuggled out of a camp the Germans said was escape-proof. the most daring breakout of World War2 a story of cunning & courage, Australian POWs figured prominently. In the real event no Americans were involved |
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chiselray
B.V. Truth Hunter
Joined: Feb 16, 2002
Posts: 15200
Location: **IN NUMBER 37
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| Posted: Wed Aug 13, 2008 6:14 pm Post subject: |
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Jeeszz...they can afford over 40 billion $$ to build an olympic dream...the dreams that cost them they need a voucher more or less...
they are our biggest export sadly,i think we should help them like a mother would a child spending their weekly allowance ! |
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Aquatank
B.V. Info Seeker
Joined: Sep 27, 2001
Posts: 3831
Location: USA
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| Posted: Thu Aug 14, 2008 1:11 am Post subject: |
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greeney2
B.V. Info-a-holic
Joined: Sep 28, 2001
Posts: 9633
Location: USA
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| Posted: Thu Aug 14, 2008 1:22 am Post subject: |
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| My first program at Roctetdyne was the solar 1 plant in Daget, Californina. I was very sorry to see those programs die when the dept of engery was abolished, in the Reagan administration. Carter started that solar project. A second plant was bilt after solar 1, but the cost effectiveness of solar was the issue. Now with oil cost so high, the cost effectiveness is being reconsidered. If we can do it, wind, sun, water currents, are all free to convert into energy, we have to do them all. |
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