“The global market for CSP is expanding at a rapid pace and that is especially true in China,” said David Ramm, BrightSource Executive Chairman. “BrightSource looks forward to working with our partners in China to execute these MOU’s. In doing so, we will work to help establish industry best practices and grow a vibrant market for CSP.”
Under the MOU with CPI, BrightSource will be the technology supplier for the first commercial scale CSP project as part of the U.S.-China Framework. The company was selected based on its experience with the development of the Ivanpah Solar Energy Generating System in California. The project with CPI will be configured to meet local conditions and requirements of China’s grid for stable and dispatchable output. Huanghe will be the leader for development, construction and operation of the project. BrightSource and Huanghe will collaborate to complete the project in accordance with their amended MOU.