U.S. Solar Thermal Power Company Prepares for a Market of 20 Gigawatts by 2020

AREVA has announced that its Global Solar Energy Business Unit will be called AREVA Solar and will be headquartered in Mountain View, California. Dr. Robert E. Fishman will serve as chief executive officer.Dr. Robert E. Fishman will head up this new global division to be  headquartered in Mountain View, Calif.

“We expect the global market for concentrated solar power plants to reach 20 gigawatts by 2020, and for AREVA Solar to be the global leader,” said Dr. Fishman. “AREVA Solar combines proven, commercially-available technology and an experienced management team with AREVA’s global market reach and energy expertise.”

Dr. Fishman is a 30-year veteran of the power industry and formerly served as president, chief executive officer and chairman of the solar thermal power start-up Ausra, Inc.

AREVA recently acquired Ausra, Inc. to lead its new Global Solar Business Unit, AREVA Solar.

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AREVA’s Global Solar Business Unit is a leader in solar thermal energy design, development and manufacturing and is committed to serving the global power generation and industrial steam needs of its customers in a dependable, market-competitive and environmentally responsible manner. AREVA’s growing renewable energy portfolio meets the needs of customers for the development of their energy mix with sustainable, competitive solutions. As the leading U.S. nuclear vendor and a key player in the electricity transmission and distribution sector, AREVA Inc.’s 6,000 U.S. energy employees are committed to serving the nation and paving the way for the future of the electricity market. With 45 locations across the nation and nearly $2 billion in energy revenues in 2008, AREVA Inc., through its subsidiaries, combines U.S. leadership, access to worldwide expertise and a proven track record of performance. In the U.S. and in more than 100 countries around the world, AREVA is engaged in the 21st century’s greatest challenges: making energy available to all, protecting the planet, and acting responsibly toward future generations. AREVA Inc. is headquartered in Bethesda, Maryland and AREVA’s Global Solar Business Unit is headquartered in Mountain View, California.

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Posted by Tracey A. Smith on Apr 15 2010. Filed under Solar Thermal Industry News, U.S.. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry