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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 on theme: "Arizona Corporation Commission SOLAR TOWER TECHNOLOGY VOTED BY TIME MAGAZINE ONE OF BEST INVENTIONS OF THE YEAR …November 18, 2002"— Presentation transcript:

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

2 SolarMission Solar Tower Project

3 Solar Tower Technology Solar Tower Technology

4 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)

5 Pilot Plant Manzanares, Spain

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

7 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

8 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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