Concentrated solar thermal power plant LOI signed by Albiasa, Pacific Light & Power

April 7, 2010

Source: Albiasa Corporation

Albiasa Corporation said that it has received a letter of intent from Pacific Light & Power (PLP) for the supply of solar collection and thermal energy storage technology and equipment for its 10 MW PLP Kauai 1 project in Hawaii. Albiasa has already completed substantial preliminary engineering and is now working on design optimization activities.

Albiasa and PLP are also working with Ram Power, Inc. (RPI) to incorporate within PLP Kauai 1 RPI's technology for thermal to electrical power conversion. RPI's technology combines traditional steam turbine equipment with an organic rankine cycle to extend power production from solar resources and enhance part load performance.

PLP is currently negotiating a long term power purchase agreement with Kauai Island Utility Cooperative (KIUC). Construction of the project is scheduled to begin in late 2010 and could be completed as early as the end of 2011. PLP Kauai 1 will include up to three hours of heat transfer fluid storage with the flexibility to shift power generation during the day in a manner most valuable to KIUC.

Albiasa is currently working with PLP providing engineering services for the design of the solar field. In addition to supplying parabolic trough technology, Albiasa has developed solar projects on the mainland U.S. ranging from sizes of tens of megawatts to utility-scale projects.

About the Project



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