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Solarmundo presents an innovative solar thermal power plant with sensationally low power generation costs Solar Energy Beats Fuel

Solarmundo presents an innovative solar thermal power plant with
sensationally low power generation costs Solar Energy Beats Fuel
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Liège, Belgium (ots)

Cross-reference: Photo is available at:
www.newsaktuell.ch/d/galerie.htx?type=obs
Solar energy can now compete with conventionally generated
electricity. This was announced on Tuesday by Solarmundo, Belgium, at
an international press conference in Liège. In several years of
development work, Solarmundo has refined the proven parabolic trough
collector technology to create a high-performance yet simple power
plant system.
Simpler engineering and lower operating costs make the Solarmundo
power plant technology a power generation alternative that is
unrivalled on cost.
Solarmundo power plants are essentially based on the parabolic
trough systems that have successfully operated in California for many
years. Solarmundo has improved this technology to create an
innovative and above all simpler type of solar power plant.
The technology has been successfully tested in several years of
trials on a 27,000-square-foot (2500 m2) pilot plant at Liège. This
type of power plant can be located in almost any sunny region of the
world, including southern European countries such as Spain and
Greece.
Promising Economics
   For a plant located in Egypt the power generation costs are
between 4 eurocents per kWh for 400 MW or 800 MW power plants and 7.5
eurocents per kWh in a 50 MW power plant. For the first time, this
makes solar power competitive with conventionally generated power.
Negotiations with International Partners 
   To demonstrate the positive experience gained with the Solarmundo
technology on an industrial scale, construction of a 50 MW solar
power station is now planned. For this purpose, Solarmundo has now
started negotiations with forward-looking investors. 
Solarmundo also has openings for financial partnerships in developing
it`s business building up production facilities.

Contact:

High-end photos and further information can be downloaded under
www.solarmundo-power.com/press/press.html

Jacques de Lalaing
Solarmundo NV.
Meir, 44A
2000 Antwerp
Belgium
Tel. 0032 3 205 9204
Fax 0032 3 227 1697
e-mail: lalaing@solarmundo.be
Internet: www.solarmundo-power.com