eSolar teams with SCE on 245MW solar thermal power plants

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Southern
California Edison (SCE) has signed a power purchase agreement with
eSolar to build a total of 245MW of concentrating solar plants in the
Antelope Valley area of Southern California. A series of fully
operational plants is expected to begin production in 2011.

“eSolar’s proprietary approach to solar thermal generation can be designed to meet the needs of utilities large and small – a smarter-sized footprint and variable configurations ensure power can be delivered where it is needed most,” said Asif Ansari, CEO of eSolar. “We are proud to be supporting SCE in its commitment to delivering clean, reliable electricity to its customers.”

“SCE is committed to providing renewable energy generation at competitive costs – to this end, we review all of the possible sources to meet the growing demand for clean power,” said Stuart Hemphill, SCE Vice President, Renewable and Alternative Power. “eSolar’s proposed solar projects promise to be modular, scalable, and easily and rapidly deployed. SCE is excited about the prospects of eSolar’s unique solar technology and the potential benefits it can bring for our customers.”

eSolar received $130 million in funding in April, 2008 led by Idealab, Google.org, and Oak Investment Partners.

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