Israeli HelioFocus and Chinese Sanhua signed on May 2012 a Memorandum of Understanding to launch the first commercial concentrating solar thermal power project in Asia with a Chinese Energy Company.
Israeli HelioFocus, owned by the Israel Corp ICG and Chinese Sanhua signed on May 2012 a Memorandum of Understanding to launch the first commercial concentrating solar thermal power project in Asia with a Chinese Energy Company.
The signing ceremony was held in the presence of MK Shalom Simchon, Minister of Industry, Trade and Labor, Mr. Yun Xishun, Chinese Government Representative, Governor of the Alashan League, Inner Mongolia, Mr. Nir Gilad, President and CEO of Israel Corp and Mr. Zhang Yabo , CEO of Sanhua.
HelioFocus signed a project agreement to launch a Solar Dish field in Inner Mongolia, China, applying the company’s most advanced technology. The China Orion Project (IM) is a Boosting project comprising three main phases.
During the 1st phase of the project a 1MW solar field is scheduled to operate by mid 2013.The 2nd planned to operate by end of 2014, will be 10MW and the 3rd phase is 60MW scheduled to operate by end of 2015 as boosting for a coal power plant. The project’s civil works – ground works and foundations are at an advanced stage to be finalized by end of Nov 2012.
HelioFocus, founded in 2007, is developing a full system solution for providing solar heat using air as a heat transfer fluid. The company’s product comprises a unique receiver located at the focal of a large parabolic dish that reflects sun rays onto it. The receiver converts the sun rays into hot air, which is then used for a variety of applications.
Heat applications are well known in the renewable solar field. The company focuses on boosting existing power plants with solar heat as a market penetration strategy. Additionally, the company is developing solutions for Full stand alone power station and distributed power generation & CHP to be implemented at later stage.
In the solar market, solar-thermal companies address the utility scale level, providing grid parity equal electricity. HelioFocus addresses the same scale yet with a unique approach; we provide a high quality and stable heat source. This heat source is utilized for a variety of applications. The company’s initial focus is on solar steam generation for boosting existing power plants.
HelioFocus is mainly held by IC Green Energy (Israel) and Zhejiang Sanhua (China).