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	<title>Alternative Energy Foundation Press Releases &#187; SHEC Energy</title>
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	<description>Press Releases for Alternative Energy News</description>
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		<title>SHEC Energy at World Future Energy Summit</title>
		<link>http://www.alternativeenergyfoundation.org/releases/2009/shec-energy-world-future-energy-summit/</link>
		<comments>http://www.alternativeenergyfoundation.org/releases/2009/shec-energy-world-future-energy-summit/#comments</comments>
		<pubDate>Thu, 15 Jan 2009 22:15:36 +0000</pubDate>
		<dc:creator>Alternative Energy Foundation</dc:creator>
				<category><![CDATA[Alternative Energy]]></category>
		<category><![CDATA[SHEC Energy]]></category>

		<guid isPermaLink="false">http://www.alternativeenergyfoundation.org/releases/?p=660</guid>
		<description><![CDATA[SHEC Energy will be exhibiting at the Future World Energy Summit to be held in Abu Dhabi between January 19 and 21. Beaumont, Texas (PRWEB) January 15, 2009 &#8212; SHEC Energy has developed a disruptive &#8211; next generation technology for the solar thermal generation of power and other forms of energy. SHEC&#8217;s technology boasts a [...]]]></description>
			<content:encoded><![CDATA[<p><em>SHEC Energy will be exhibiting at the Future World Energy Summit to be held in Abu Dhabi between January 19 and 21.</em></p>
<p>Beaumont, Texas (<a href="http://www.prweb.com" target="_blank" rel="nofollow">PRWEB</a>) January 15, 2009 &#8212; SHEC Energy has developed a disruptive &#8211; next generation technology for the solar thermal generation of power and other forms of energy. SHEC&#8217;s technology boasts a solar to thermal efficiency of 95% after the collection mirrors. This is significantly higher than existing solar technologies and allows SHEC to produce power at costs approaching those of traditional, fossil fuel based technologies.</p>
<p>SHEC&#8217;s technology can be applied to point focus systems for smaller scale power generation from 25KW and up using heat engine technology and for larger scale systems using steam turbines.<br />
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SHEC&#8217;s technology can also be applied to advanced solar tower designs that can employ thermal storage to generate power from stored heat when the sun is not shining.</p>
<p>SHEC&#8217;s Solar Thermal plants have the advantage of using proven steam turbine technology that has been used in the power industry for decades. The plants generate higher operating temperatures to optimize steam turbine efficiencies. The plants can economically incorporate backup systems for 24/7 power generation and have the ability to co-generate other forms of energy such as chilled and heated water for distributed cooling and heating applications with little additional cost.</p>
<p><strong>About SHEC Energy Corporation</strong></p>
<p>SHEC formed in 1996 with the mandate of producing renewable energy cost competitively with fossil fuels. SHEC has developed advanced highly efficient solar technologies and manufacturing technologies to achieve this goal. Solar energy was the logical renewable source because it is abundant with about 6,000 times more energy bombarding the Earth than all of humanities energy requirements. It also has a lifespan of billions of years. Although SHEC originally developed its advanced solar technology for hydrogen production, it is a logical choice for efficient and economical renewable power generation.</p>
<p><a href="http://www.shecenergy.com/">www.SHECenergy.com</a> </p>
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		<title>SHEC Energy Awarded a Grant for Approximately $40 Million</title>
		<link>http://www.alternativeenergyfoundation.org/releases/2008/shec-energy-awarded-grant-approximately-40-million/</link>
		<comments>http://www.alternativeenergyfoundation.org/releases/2008/shec-energy-awarded-grant-approximately-40-million/#comments</comments>
		<pubDate>Mon, 01 Dec 2008 14:42:42 +0000</pubDate>
		<dc:creator>Alternative Energy Foundation</dc:creator>
				<category><![CDATA[Alternative Energy]]></category>
		<category><![CDATA[SHEC Energy]]></category>
		<category><![CDATA[solar thermal]]></category>

		<guid isPermaLink="false">http://www.alternativeenergyfoundation.org/releases/?p=486</guid>
		<description><![CDATA[SHEC&#8217;s solar thermal generation technology is the most efficient in the world and has attracted a grant for approximately $40 million. Saskatoon SK (PRWEB) December 1, 2008 &#8212; SHEC&#8217;s facilities were recently visited by a government agency representative to perform a technical assessment of its technology. The technology examined was a mobile pilot plant involved [...]]]></description>
			<content:encoded><![CDATA[<p><em>SHEC&#8217;s solar thermal generation technology is the most efficient in the world and has attracted a grant for approximately $40 million.</em></p>
<p>Saskatoon SK (<a href="http://www.prweb.com" target="_blank" rel="nofollow">PRWEB</a>) December 1, 2008 &#8212; SHEC&#8217;s facilities were recently visited by a government agency representative to perform a technical assessment of its technology. The technology examined was a mobile pilot plant involved in field trials for two years. The mobile pilot plant was dismantled and inspected for corrosion and wear.</p>
<p>The mobile pilot plant consisted of a solar concentrator that concentrated sunlight by a factor of up to 5,000, directing it into a solar receiver to be harnessed. Despite the intense solar energy conditions endured by the receiver, it was found to be in pristine condition. Although several minor wear issues were identified and resolved, ultimately the core technology performed flawlessly, proving ready for commercialization.<br />
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Commercial-scale systems will concentrate sunlight by factors of up to 16,000.</p>
<p>Shortly after the examination of this technology by the government agency, the grant was awarded. SHEC is required to raise matching funds of $60 million in order to access the grant. The funds will be used to establish manufacturing operations that could produce up to 100 megawatts of solar thermal station components per year.</p>
<p>At this time, SHEC is unable to disclose the identity of the source of the grant.</p>
<p><strong>About SHEC Energy:</strong><br />
SHEC Energy Corporation (formerly SHEC LABS &#8211; Solar Hydrogen Energy Corporation) underwent a name change to reflect the more general energy nature of its business. Although SHEC developed its solar technology initially for the production of hydrogen, power generation has become the primary application today. The advantage of Solar Thermal power generation is the ability to co-generate other forms of energy at the same time with negligible additional cost. This includes applications for heating, cooling and water desalination. Additionally thermal energy can be stored to produce power when the sun is not shining. Additional information about SHEC Energy may be found at <a href="http://www.shec-labs.com/">www.SHEC.ca</a>. </p>
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