eSolar partners with leading energy companies around the world to enable complete project capabilities, ranging from technology development and component manufacturing to power plant construction and operation.
GE and eSolar have an investment and licensing agreement that will incorporate eSolar technology into its offers of cost-effective ISCC and standalone solar thermal power plants.
An ISCC project combines a combined-cycle system including a gas turbine, steam turbine, generators and a heat recovery steam generator, with a field of mirrors that focus sunlight on a tower to produce high temperature steam. Steam generated in the solar field is fed into the water-steam cycle of the combined-cycle plant, increasing the power of the steam turbine and creating extra megawatts of electricity without using any additional natural gas.
"GE has the world's largest installed base of gas turbines that are being used in ISCC power plants, but these plants used higher cost and lower temperature trough technology and combined-cycle technology that have limitations in flexibility. Our revolutionary FlexEfficiency technology was designed from the ground up to integrate with renewable power, and the addition of eSolar's high temperature tower technology to our FlexEfficiency combined cycle power plant is an important step forward for our industry because it allows us to offer an ISCC power plant that creates more value for customers at a competitive cost," said Paul Browning, president and CEO – thermal products for GE Energy. "As a part of this transaction, GE is becoming an investor in the technology as well as the primary channel to the power industry though the license arrangement."
The ACME Group – a leader in the field of energy, environmental and telecommunications infrastructure solutions in India – has partnered with eSolar as a master licensee of eSolar technology within India. ACME will build, own and operate up to 1 GW of solar thermal plants over the next 10 years using eSolar's modular and scalable design and will work with other companies in India using eSolar technology. Manoj Upadhyay, Chairman and CEO of ACME, remarked, "The eSolar system addresses obstacles that have previously plagued solar installations and presents a viable, cost-effective alternative that can scale quickly to meet India's growing energy needs." ACME has made a $30 million equity investment in eSolar. Bill Gross, CEO of eSolar, commented, "ACME's $30 million commitment demonstrates their confidence in eSolar's technology. We are committed to working with the very best partners, such as ACME, to scale deployment as quickly as possible around the world."
The Babcock & Wilcox Company
The Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) – a leader in advanced energy technology innovation and service – has teamed with eSolar to design, build, and test a modular, baseload molten salt power plant using concentrated solar power. The
project has been selected to receive up to $10.8 million in funding from the U.S. Department of Energy. "We're excited about the U.S. government's support for eSolar and B&W PGG's development of this important and innovative technology," said B&W PGG President and Chief
Operating Officer Richard L. Killion. "Concentrating solar power and molten salt technology have the potential to play a major role in meeting the nation's energy needs in a cost-effective, environmentally friendly way."
Sanmina® Corporation makes some of the most complex and innovative optical,
electronic and mechanical products in the world. As a leading integrated
manufacturing services company, with revenue totaling USD $6.1 billion for fiscal year
2012, Sanmina provides custom design and manufacturing, plus global supply chain
solutions to high technology Original Equipment Manufacturers (OEMs).
Sanmina maintains a network of highly sophisticated design, quick-turn, New Product
Introduction (NPI) facilities and repair centers, in addition to an impressive global
network of manufacturing operations in 25 countries on six continents. Each day, in
every region of the world, 24/7, Sanmina designs, manufacturers, ships and repairs
complex, mission-critical products. For the past 30 years, customers have come to
expect quality, delivery, reliability and service from Sanmina. Together we build
productive relationships based on exceptional customer satisfaction. What we make,
makes a difference.