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BrightSource Energy / Luz II Dedicate Solar Energy Development Center.


Operational Solar Field, First of Its Kind in Israel; a Landmark for New Technology

JERUSALEM -- BrightSource Energy, Inc. and subsidiary Luz II, Ltd., developers of large scale solar thermal power plants, will dedicate ded·i·cate  
tr.v. ded·i·cat·ed, ded·i·cat·ing, ded·i·cates
1. To set apart for a deity or for religious purposes; consecrate.

2.
 their Solar Energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun.  Development Center (SEDC SEDC Saratoga Economic Development Corporation
SEDC Spondyloepiphyseal Dysplasia Congenita
SEDC Southern Economic Development Council, Inc.
SEDC Sooting and Radiation Effects in Droplet Combustion
SEDC Special Education Dissemination Center
) in the Negev's Rotem Industrial Park, Israel tomorrow, Thursday, June 12. The dedication of the SEDC is a major milestone in the development of solar energy worldwide. The Center is an operational solar field that will provide the company with the ability to test equipment, materials and procedures as well as construction and operating methods.

"The completion of this project is a tribute to tens of thousands of hours of hard work and dedication from our people - the brightest and most dedicated team of experts in the business," said Arnold Goldman, chairman and founder of BrightSource Energy and Luz II. "It is a testament to the power of the vision shared by everyone who works for this company as well as our partners and suppliers."

This solar field is a scaled cross-section of a typical commercial plant and includes more than 1,600 full-size glass mirrors (heliostats) and a 60 meter tall tower topped by a solar boiler boiler, device for generating steam. It consists of two principal parts: the furnace, which provides heat, usually by burning a fuel, and the boiler proper, a device in which the heat changes water into steam. . The power tower and surrounding heliostats concentrate the sun's energy onto the boiler, heating the water inside to 550[deg] C, or over 1000[deg] F. In a commercial plant, the utility-grade superheated steam steam heated to a temperature higher than the boiling point corresponding to its pressure. It can not exist in contact with water, nor contain water, and resembles a perfect gas; - called also surcharged steam, anhydrous steam, and steam gas.

See also: Steam
 will be piped from the boiler to a standard turbine turbine, rotary engine that uses a continuous stream of fluid (gas or liquid) to turn a shaft that can drive machinery.

A water, or hydraulic, turbine is used to drive electric generators in hydroelectric power stations.
 where electricity will be generated, all at a much higher operating efficiency and lower cost than other solar power plants. From here, transmission lines would carry the power to homes and businesses. In order to conserve water, BrightSource uses air cooling a. 1. In devices generating heat, such as gasoline-engine motor vehicles, the cooling of the device by increasing its radiating surface by means of ribs or radiators, and placing it so that it is exposed to a current of air. Cf. Water cooling.  to convert the steam back into water. The water is then returned to the boiler in a closed loop.

"This is an important step forward for the entire solar industry and for anyone who cares about generating clean energy at significant scale," said John Woolard, chief executive officer of BrightSource Energy. "With the launch of this Center, we are proving that clean energy can be generated reliably, more efficiently, and at lower cost than ever before."

In March, BrightSource entered into a series of power purchase agreements with PG&E for up to 900MW of electricity. BrightSource is currently developing a number of solar power plants in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , with construction of the first plant planned to start in 2009. In May, BrightSource announced that it had secured $115 million in additional corporate funding from its Series C round of financing, bringing the total the company has raised to date to over $160 million.

Operating more efficiently than older solar thermal methods, and costing much less to build, BrightSource's technology will change the way utilities generate electricity. The solar power plants that BrightSource is actively developing will provide enough electricity to power more than 3.2 million homes and remove emissions equivalent to what is produced by approximately one million cars.

About BrightSource Energy, Inc.

BrightSource Energy, Inc. designs, builds, finances and operates utility-scale solar power plants that deliver clean, low-cost solar energy to utility and industrial customers worldwide at prices that compete with fossil fuels fossil fuel: see energy, sources of; fuel.
fossil fuel

Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas.
. BrightSource was formed with seed capital from VantagePoint Venture Partners, which has increased its investment steadily over time. Privately held, BrightSource is headquartered in Oakland, California “Oakland” redirects here. For other uses, see Oakland (disambiguation).
Oakland (IPA: /ˈoʊklənd/), founded in 1852, is the eighth-largest city in the U.S.
.

Luz II Ltd. is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of BrightSource Energy, Inc. Based in Israel, Luz II is responsible for solar technology development, plant design and engineering.

Further information about BrightSource Energy and Luz II may be found at www.brightsourceenergy.com.

(c) BrightSource Energy, Inc. All rights reserved. All trademarks are the property of their respective owners.
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Jun 11, 2008
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