AIRLIGHT ENERGY and Pöyry have signed a collaboration agreement for the realization of concentrating solar thermal power development strategies, including feasibility studies, project development and plants construction

AIRLIGHT ENERGY develops innovative technologies for concentrated solar power. These technologies can be used in for building solar thermal power plants (CSP), concentrated photovoltaic solutions (CPV) and industrial processes.

Having achieved industrial maturity, it is indispensable for AIRLIGHT ENERGY to collaborate with a company like Pöyry. Being Pöyry one of the leading engineering and consulting companies in the energy sector, the company supports its clients and partners in developing, designing and implementing power projects worldwide.

As part of the made agreement Pöyry will now support AIRLIGHT ENERGY in the business development and project implementation process: from feasibility studies to project basic design, project structuring, tendering project contract management and plant construction.

AIRLIGHT ENERGY HOLDING SA, Biasca, is a private Swiss company that supplies proprietary technology for large-scale production of electricity using solar power and for energy storage. AIRLIGHT ENERGY has developed an innovative and complete solution for the markets of Concentrated Solar Power (CSP), Concentrated Photo Voltaic (CPV) and energy storage (Advanced Adiabatic Compressed Air Energy Storage – AA-CAES).

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With innovation, quality and integrity at our core, we deliver best-in-class strategic advisory, engineering, project implementation and operations support services. Our in-depth expertise extends to the fields of energy, forest industry, chemicals & biorefining, mining & metals, transportation, water and real estate. Pöyry has about 7,000 experts and an extensive local office network. PöyryÊs net sales in 2011 were EUR 796 million and the companyÊs shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

www.airlightenergy.com