Arizona Corporation Commission SOLAR TOWER TECHNOLOGY VOTED BY TIME MAGAZINE ONE OF BEST INVENTIONS OF THE YEAR …November 18, 2002

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Presentation transcript:

Arizona Corporation Commission SOLAR TOWER TECHNOLOGY VOTED BY TIME MAGAZINE ONE OF BEST INVENTIONS OF THE YEAR …November 18,

SolarMission Solar Tower Project

Solar Tower Technology Solar Tower Technology

Solar Tower Dimensions Tower 3000 feet high, 400 feet diameter Tower 3000 feet high, 400 feet diameter Concrete 750,000 yds 3 Concrete 750,000 yds 3 Collector 3.0 miles diameter (7 miles 2 ) glass/polycarbonate/plastic film Collector 3.0 miles diameter (7 miles 2 ) glass/polycarbonate/plastic film Turbines 32 units X 6.25 MegaWatt Turbines 32 units X 6.25 MegaWatt Land12.25 mi. 2 (3.5mi. x 3.5mi.) Land12.25 mi. 2 (3.5mi. x 3.5mi.) Construction24-30 months Construction24-30 months Jobs1200+ (Construction) 40 (Ongoing) Jobs1200+ (Construction) 40 (Ongoing) Capacity200 MegaWatt (200,000 Households) Capacity200 MegaWatt (200,000 Households)

Pilot Plant Manzanares, Spain

Strategic Partners Over $50 Million in R&D to Date Over $50 Million in R&D to Date

Solar Tower Advantages New Large-scale renewable energy source New Large-scale renewable energy source Technology not complex; Straight Forward Construction Technology not complex; Straight Forward Construction Helps US overcome foreign energy dependence Helps US overcome foreign energy dependence Reliable 24/7 output Reliable 24/7 output Dispatchable power generation Dispatchable power generation Strong cash flow generation Strong cash flow generation Tourism, Agribusiness and Communication opportunities Tourism, Agribusiness and Communication opportunities

Summary Solar Tower – Large-scale Renewable Energy Source For North America Solar Tower – Large-scale Renewable Energy Source For North America Proven Technology – Ready For Commercialization Proven Technology – Ready For Commercialization SolarMission Team Includes World Renown Structural Engineers, Construction Company & Materials Suppliers SolarMission Team Includes World Renown Structural Engineers, Construction Company & Materials Suppliers Strong Revenues Support The Project Strong Revenues Support The Project

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