This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Emerson To Deliver Control Technologies For Nevada Solar Project To Power 75,000 Homes

Emerson Process Management, a global business of Emerson (NYSE: EMR), has been awarded a contract to apply its Ovation™ expert control system at the Crescent Dunes Solar Energy Project near Tonopah, Nev. When it comes online at the end of 2013, this 110-megawatt concentrated solar power (CSP) project will be the first commercial-scale solar facility in the United States to generate power from solar energy that is captured and stored in liquid molten salt.

The project, which is being developed by Tonopah Solar Energy LLC, an affiliate of SolarReserve LLC, is expected to produce enough clean, renewable electricity to power more than 75,000 homes during peak electricity demand, and will be executed by Cobra Thermosolar Plants, Inc. as engineering, procurement and construction contractor.

The Crescent Dunes facility will use SolarReserve’s CSP technology, which enables energy from the sun to be captured and stored to generate electricity on demand – not only when the sun is shining – thereby contributing to overall grid stability. The facility’s 10,500 mirror assemblies focus the sun’s energy to heat molten salt that flows through a central receiver, which sits atop a 540-foot-tall solar power tower. The molten salt will flow from the “cold” storage tank, up the tower where it circulates through the receiver and is heated by the sun’s energy from 500 degrees Fahrenheit to 1050 degrees. The molten salt then flows down to the “hot” storage tank, where the thermal energy will be used to produce steam to power a standard steam turbine, which then generates electricity. Excess thermal energy will be stored in the molten salt.

Emerson’s Ovation technology will directly control the circuit and heating process of the molten salt system, the water/steam cycle and auxiliary processes. The control system will also provide supervisory control of the mirrors and interface with the turbine control system.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,055.87 -116.81 -0.68%
S&P 500 1,982.77 -11.52 -0.58%
NASDAQ 4,508.6880 -19.0010 -0.42%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs