Press Releases
|
|
DOE contract acknowledges potential of Wilson’s exciting new concentrated solar power (CSP) energy system
Woburn, MA – July 13, 2010 – For the past eighteen months, Wilson TurboPower has been conceiving a system for generating economical and clean electricity from concentrated solar power (CSP) that has fundamental advantages over all current solar energy approaches. That potential was recently acknowledged by the United States Department of Energy (DOE) with a contract to further develop Wilson’s proprietary CSP technologies.
This new mission has necessitated several changes at Wilson, including a new company name that better reflects the organization’s current focus on solar technologies. Wilson Solarpower Corporation, as the company will now be known, also has a new management team with Doug Zingale joining Wilson as CEO. Bruce Anderson will continue as president and chairman.
“Doug is exceptionally prepared and enthusiastic about leading the company at this exciting stage of our new venture,” stated Mr. Anderson. Prior to joining Wilson as CEO,... Read More |
|
|
May 7, 2010
Secretary Chu Announces up to $62 Million for Concentrating Solar Power Research and Development
Investment will speed the commercialization and deployment of cutting-edge solar technologies
Washington, DC - U.S. Department of Energy Secretary Steven Chu today announced the selections of projects for investment of up to $62 million over five years to research, develop, and demonstrate Concentrating Solar Power (CSP) systems capable of providing low-cost electrical power. This funding will support improvements in CSP systems, components, and thermal energy storage to accelerate the market-readiness of this renewable energy technology. Accelerating breakthroughs in renewable energy technologies supports the Administration's strategy of diversifying the U.S. energy portfolio to increase our energy independence while fostering a fast-growing clean-energy economy.
"Developing low-cost, renewable energy generation is crucial to meeting our nation's increasing demands for electricity," said Secretary Chu. "By investing in the development of low-cost solar technologies we can create new jobs and pave the way towards a clean-energy future."
CSP technologies concentrate the sun's energy and capture that energy as heat, which then drives an engine or turbine to produce electrical power. CSP plants can include lowcost energy storage, allowing them to provide electricity even when the sun is not shining. Boosting these technologies today... Read More |
|
Woburn, MA – January 22, 2008 – Having successfully proven the breakthrough efficiency of a unique ceramic heat exchanger, Wilson TurboPower of Woburn, Massachusetts, has closed on $4 million in addition to nearly $3 million raised just two months ago. This brings the total Series-A closings and near-term staged investments to nearly $18 million.
The company will use the funding to complete development of an exceptionally efficient and clean-burning ceramic-bladed microturbine that incorporates the Wilson Heat Exchanger™. Both breakthrough-efficiency technologies were invented at the Massachusetts Institute of Technology. Final engineering and fabrication of a 300 kWe Wilson Microturbine™ prototype for onsite power generation will begin in early 2008, with testing and refinement expected to be completed by late 2008 or early 2009.
According to Bruce Anderson.... Read More |
|
Woburn, MA – October 5, 2007 – Having successfully achieved several technology milestones in heat-exchanger performance, Wilson TurboPower of Woburn, Massachusetts, has raised $3 million from new and returning investors, and is raising an additional $2 million at the same terms before the end of this year. The new funding will be used to build Beta units of the company’s breakthrough-efficiency heat exchanger for testing with prospective customers in several unique applications. The results are expected to achieve significant energy savings along with a reduction in carbon and other harmful emissions.
Compared to conventional metal heat exchangers... Read More |
|
Strategic alliance provides both companies with new breakthrough-efficiency products and applications
Woburn, MA – December, 2006 – Wilson TurboPower, Inc., has signed an agreement with Praxair, Inc., to adapt Wilson TurboPower’s patented rotary-regenerator heat exchanger to improve the oxy-fuel combustion process used by Praxair’s oxygen customers.
The Wilson Heat Exchanger™ produces a remarkable heat-transfer efficiency (effectiveness) of over 97% and can operate at temperatures exceeding 1,800 degrees F (1,000 degrees C) — well above the efficiencies and operating temperatures of metal heat exchangers. And the Wilson Heat Exchanger is also more compact than metal units.
This highly compatible application… Read More |
|
|
|
|
<< Start < Prev 1 2 Next > End >>
|
|
Page 1 of 2 |
