Wall Street Reporter Audio Coverage ; GLE's not fooling around that's for sure ... rapid deployment of stationary units targeted U.S.A. area of 70 million homes to start with ...
Wall Street Reporter C.E.O. Interviews
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Peter Garrett, President and CEO . Global Thermoelectric Inc. is a world leader in the commercialization of solid oxide fuel cell (SOFC) technology. The SOFC is better suited for use with the existing hydrocarbon infrastructure because SOFCs do not require pure hydrogen, and this approach may provide an accelerated path to commercialization. Global is currently prototyping residential and remote power systems to be fuelled by natural gas or propane.
Dated: Friday, July 26, 2002
wallstreetreporter.com ... audio
Updates on some of the stuff some of GLE's partners are doing ... first GLE's inverter partner ...
AES SECURES $3.7M CONTRACT
Leading Australian renewable energy company Advanced Energy Systems (AES) today released details of a major $3.7 million contract.
Announced last month, the contract with the Northern Territory Power and Water Authority involves the design and installation of two solar photovoltaic energy supply systems in remote areas including one of Australia's most popular outback tourist attractions, Kings Canyon.
Installation will take approximately eight months and will involve the AES project team working with NT contractors to undertake the work. AES will develop a control system providing key operating data to the operational team and provide training in operational and maintenance procedures.
The power will be used to supply electricity-saving diesel fuel and water pumping facilities to two sites, including the tourist amenities and Information Centre at Kings Canyon National Park. Combined renewable energy capacity will be 280 kilowatts.
Managing Director of AES, Stephen Phillips says, "AES will provide patented technology for the operating systems which is presently being commercialised in the USA by our American subsidiary.
"The new power supply systems will provide substantial fuel and maintenance savings. At present, power is being supplied by labour-intensive and high-maintenance diesel generators. Without our renewable energy systems, the costs of electricity will continue to escalate in the future as fuel and maintenance costs increase.
"AES systems are the ideal solution for providing clean, quiet and reliable solar power in these, and many other, Australian outback applications. The new power systems will not only save our client money, they will also be of tremendous assistance to the NT tourism industry by providing better service to visitors while implementing the principles of eco-tourism," says Mr Phillips.
AES has negotiated payment terms providing for advance cash progress payments of approximately $1.5 million subject to provision of bank bonds.
"The contract is one of several major new renewable energy ventures which will see AES achieve a June 2002 quarterly revenue of approximately $5 million. It provides the impetus for AES to develop a long-term sound and profitable operation in the Australian remote area power sector and opens the possibility of our providing power systems to hundreds of tourist attractions in remote areas around the country," Mr Phillips says.
Please phone Mr Phillips for more information on 08-9470-4633 or e-mail sjp@aesltd.com.au
aesltd.com.au
GLE's test stand partner Advanced Measurements Inc. is doing a presentation Stateside in a couple of weeks ...
NIWeek 2002
Dates: From August 14, 2002 to August 16, 2002
Place:
Austin, Texas
Austin Convention Centre
Worldwide Conference on Measurement and Automation. Building Knowledge with Technology. Visit the Advanced Measurement booth to view our SOFC Test Stand.
64.69.77.104 ... AMI events page
NIWeek 2002
Program Content
There are many exciting additions to the NIWeek 2002 conference program. Attend sessions presented by National Instruments engineers and other industry specialists from companies including Boeing, Motorola, and Sony Electronics. Choose from more than 100 sessions covering the latest topics and technologies in virtual instrumentation. We look forward to seeing you in Austin, August 14-16!
digital.ni.com ... more information National Instruments to Host Worldwide Virtual Instrumentation Conference |
