BWI: Solar: AREVA Awarded Major Contract in Australia

Press release from Business Wire India
Source: AREVA
Monday, April 18, 2011 02:30 PM IST (09:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Energy companies, Media & entertainment; Technology
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Solar: AREVA Awarded Major Contract in Australia


New Delhi, Delhi, India, Monday, April 18, 2011 -- (Business Wire India) -- AREVA has been awarded a major contract to install a solar thermal addition to CS Energy's coal-fired Kogan Creek power station in Queensland, Australia. This solar boost project, supported by the Australian and Queensland Governments, will be the world's largest solar integration with a coal-fired power station.

Construction of the AU$ 104.7 million (around ?76 million) solar addition is scheduled to begin in the second quarter of 2011, with commercial operation planned for 2013.

Adding solar energy to the Kogan Creek power station will increase its output by up to 44 megawatts in peak solar conditions to the current 750 megawatts and will avoid the production of 35,600 tonnes of greenhouse gas emissions annually.

CS Energy's Chief Executive, David Brown, said: "We are proud to be working with AREVA Solar, and applying its Australian-pioneered technology to a project that has the potential to set the international benchmark for the generation of cleaner electricity from existing coal-fired power stations."

"The Kogan Creek solar boost project demonstrates CS Energy's confidence in our solar technology. It is a key step in our strategy to become the world leader in concentrated solar power solutions", highlighted Anil Srivastava, CEO of AREVA Renewables.

MORE ABOUT

AREVA supplies solutions for power generation with less carbon. Its expertise and unwavering insistence on safety, security, transparency and ethics are setting the standard, and its responsible development is anchored in a process of continuous improvement.

Ranked first in the global nuclear power industry, AREVA's unique integrated offering to utilities covers every stage of the fuel cycle, nuclear reactor design and construction, and related services. The group is also expanding in renewable energies - wind, solar, bioenergies, hydrogen and storage - to be one of the top three in this sector worldwide in 2012.

With these two major offers, AREVA's 48,000 employees are helping to supply ever safer, cleaner and more economical energy to the greatest number of people.


CONTACT DETAILS
Patricia Marie, AREVA, +33 (0) 1 34 96 12 15, press@areva.com
Marie de Scorbiac, Investor Relations, AREVA, +33 (0) 1 34 96 05 97, marie.descorbiac@areva.co

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ENERGY, MEDIA, TECHNOLOGY

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