Solel to supply solar receivers to Spain

The company will supply 70,000 units to two Spanish infrastructure companies.

Solar energy technology company Solel Solar Systems Ltd. has won a contract to supply 70,000 thermo solar receivers for three new solar power plants in Spain. The company will supply its UVAC 2008 receivers to two unnamed Spanish infrastructure companies, which are jointly building the power plants. The plants will have a production capacity of 50 megawatts each. The current order will be filled over the course of 2009. This is the largest order for the company's systems to date, and follows an earlier order for 46,000 units, which Solel announced in January.

Beit Shemesh-based Solel says its system captures sunlight and converts it to heat for clean power generation, with 20% less heat loss than other receivers in the market, according to testing by the National Renewal Energy Laboratory of the US Department of Energy in October 2007. Heat loss measurement is a critical indicator of receiver efficiency.

Solel CEO Avi Brenmiller said, "The substantial investment that we have made in the development and expansion of our production capacity has proved itself, and we intend to continue to be at the forefront of the growing solar energy market."

Published by Globes [online], Israel business news - www.globes-online.com - on May 6, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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