PowerVerde Signs LOI With Keahole Solar Power


PowerVerde Inc., a developer of thermal and pressure-driven electrical power systems, has signed a letter of intent (LOI) with Keahole Solar Power LLC (KSP), a renewable project and technology developer.

Under the LOI, PowerVerde will provide KSP a commercial-ready electrical power generation engine system and related accessories. This system will be installed and used for demonstration and testing in KSP's 2 MW solar thermal power generation facility at the Natural Energy Laboratory of Hawaii.
‘This collaboration is validation that companies such as ours are positioned to commercialize thermal energy electrical generation and bridge the gap between zero carbon emissions and the traditional utility grid,’ says George Konrad, president and co-founder of PowerVerde.

SOURCE: PowerVerde

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