Solar Tower Prospects Firm in Ward County.
A feasibility study that includes installation of meteorological equipment is now underway on land made available to EnviroMission in Monahans, Ward County's largest town, in a show of support for the concept in the region.
Mayor of Monahans, Mr David Cutbirth, speaking also on behalf of the Monahans Chamber of Commerce and Economic Development said "Texas knows energy and this is just a cleaner more sustainable version of what has been the backbone of our economy until now.
"All that can be done will be done to elevate Ward County's prospects in the race to be home of the first US Solar Tower to also reinforce the outstanding solar capacity Texas is able to offer in a new energy age."
Mr Cutbirth has gone so far as to provide access to his private land for the installation of the weather station to facilitate a timely start to the feasibility study as a number of sites in the area are assessed for viability against EnviroMission's development matrix.
Ward County is located in West Texas and is serviced by the ERCOT (Electricity Reliability Council of Texas) grid that transmits electricity exclusively in Texas.
With two separate Solar Tower site feasibility studies now underway in Texas, a new level of competition has been introduced in the development model that is reasonably expected to improve overall commerciality where incentives are adopted to strengthen the merit of each case bid.
Solar Tower development in the south west region of the US will also meet core objectives of the commercialisation pathway indicated in EnviroMission's 2006 application to the Low Emission Technology Demonstration Fund (LETDF); development can now move forward unencumbered of any constraints likely to have been imposed under an LETDF deed of agreement and frees the development decision and timetable to occur on a case by case basis in domestic and international markets.
About EnviroMission Limited
EnviroMission is a renewable energy developer and innovator of commercially viable large-scale power generation driven by solar radiation for zero greenhouse gas emissions. http://www.enviromission.com.au/
Notes about forward-looking statements
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made.
CONTACT: Ms Kim Forte, Communications Director, +61-414-690-356, firstname.lastname@example.org; Alex Livak, +1-347-813-4664, email@example.com
Web site: http://www.enviromission.com.au/
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|Date:||Feb 12, 2007|
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