Global Warming Solutions Initiates R & D for 1 MW LETG Solar Power Plant
15 Fevereiro 2008 - 3:59PM
Business Wire
Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of
technologies aimed at mitigating the effects of global warming �
today announced that the company initiated research and development
for a small LETG Solar Power Plant with a capacity of up to 1MW.
The LETG (Light Electric Thermal Generator) is a hybrid solar and
thermal energy technology that generates energy by heating up
liquids that circulate on the surface of a solar panel to produce
electricity even during periods of no sunlight. Recently Global
Warming Solutions announced that it was preparing to develop a
prototype electricity generating power plant based on the LETG
technology. The plant would be a combination of an LETG with a low
temperature thermal turbine. �The LETG produces both electrical and
thermal energy,� said Dr. Alexander Kornaraki, Chief Operating
Officer of Global Warming Solutions. �Electrical energy is produced
by a photovoltaic process and thermal energy is gathered by the
LETG heat-transfer medium. We will now be adding a low temperature
heat to energy converter that will produce even more electricity
from the LETG.� The rated levelized cost of developing the LETG
Solar Power Plant is projected to be 1.9-2.2 times less than the
levelized cost of a conventional Solar Thermal Plant. A diagram of
the LETG Solar Power Plant can be seen by visiting this link:
http://www.globalwarmingsolutions.com/images/powerplant_1.jpg
Global Warming Solutions is also preparing an in depth presentation
of its Solar Energy Technologies and will release it to investors
and partners in the next few days. About Global Warming Solutions,
Inc. Global Warming Solutions develops and commercializes
technologies that help mitigate Global Warming and its effect on
our planet. The Company targets three areas that help reduce the
extent of Global Warming and fight issues that have arisen as a
consequence: Clean Energy, Carbon Control, and Water Purification.
Current climate models predict that global temperatures will rise
sharply over the next century. The increase in temperatures can be
slowed or eliminated by decreasing the amounts of greenhouse gases
released into the Earth�s atmosphere. Global Warming Solutions
seeks to leverage its experience and management to help make a
difference in the fight for climate control. For more information
visit the company website: http://www.globalwarmingsolutions.com
The information contained in this press release may include
forward-looking statements. Forward-looking statements usually
contain the words "estimate," "anticipate," "believe," "expect," or
similar expressions that involve risks and uncertainties. These
risks and uncertainties include the company's uncertain
profitability, need for significant capital, uncertainty concerning
market acceptance of its products, competition, limited service and
manufacturing facilities, dependence on technological developments
and protection of its intellectual property. The company's actual
results could differ materially from those discussed herein.
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