EnviroMission in Texas deal

An artist's impression of a solar updraft tower

An artist's impression of a solar updraft tower

Australia's EnviroMission has signed a deal with US outfit Apollo Development to develop a number of power plant projects in Texas based around the former's skyscraping solar updraft tower concept.

Under the terms of the companies' heads of agreement, Apollo will have exclusive rights to EnviroMission's design – which uses solar radiation to heat a large mass of air in a tower structure to drive turbines for electricity generation – in exchange for a $2m development payment and a yearly royalty and technology fee.

“Apollo is planning to develop multiple Solar Tower power stations to benefit from the economy of scale of an integrated construction timetable, and has planned initial siting studies for the high solar radiation regions of El Paso, Laredo and Log in to read complete article.

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login


Recharge Monthly Magazine