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RayGen ties up with equipment suppliers for pilot solar-hydro project

Source: RayGen Resources Pty Ltd (www.raygen.com)

April 16 (Renewables Now) - Australian solar hydro technology firm RayGen Resources Pty Ltd this week announced a series of partnerships for its pilot project in Victoria that will pave the way for a large-scale plan to build a 100-MWp/1,000-MWh solar-plus-storage complex.

RayGen recently received AUD 3 million (USD 1.9m/EUR 1.7m) in government funding to test its solar and energy storage technology at Carwarp, where 4 MW of solar and 3 MW/50 MWh of storage capacity will be installed. The particular PV Ultra solar technology is based on producing power by capturing sunlight from a field of mirrors and focusing it to a tower-mounted receiver that converts the energy into electricity. The heat extracted from the process is stored in water.

The newly-announced partnerships with specialist technology suppliers cover different aspects of the solar-hydro technology. Atlas CopCo Power and Gas and Egesim Group have been contracted to supply Organic Rankine Cycle (ORC) engine for the solar plant, Azur Space will deliver multi-junction solar cells, while NIRAS Australia will provide pit thermal energy storage solutions. KMI Jiangyin, meanwhile, will supply slew drives for the solar hydro technology, which are a key component of the sun-tracking technology.

Last week, Amsterdam-based Photon Energy NV (WSE:PEN) bought a minority stake in RayGen, pledging to collaborate with the Aussie firm in its large-scale development. The Dutch firm will also act as project developer and engineering, procurement and construction (EPC) contractor for RayGen’s projects.

(AUD 1.0 = USD 0.629/EUR 0.578)

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Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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