Posts Tagged ‘EVM’

EnviroMission Gains Key Approval For Solar Tower

Wednesday, October 28th, 2009

EnviroMission Limited (EVM) has entered US power purchase negotiations to deliver the first of two, 200 MW Solar Tower power stations.  EVM have been given the green light from Southern California  Public Power Authority (SCPPA).

Solar Tower power station developments planned for Arizona have been approved by SCPPA as suitable renewable energy projects to facilitate the goals of its members’ renewable portfolio standards (RPS). This landmark SCPPA decision will enable EnviroMission to formalize power purchase agreements with a large public power authority in the Southern California region to realize an essential element of the commercial basis for development.

The resolution passed by the SCPPA board of directors will position EnviroMission’s Solar Tower technology as the only solar electricity generation technology to date to qualify for further future power purchase negotiations for the supply of centralized power – EnviroMission was selected from more than 100 submissions to this SCPPA  request for proposals (RFP).

A SCPPA approval provides EnviroMission with a vital market opportunity to negotiate the future sale of Solar Tower power to a key power authority to meet its renewable energy portfolio standard that is aimed at generating 20% of all electricity from   renewable resources by 2010.

www.enviromission.com.au

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