MEDIA RELEASE PR36959
U.S. Energy Analyst Profiles Solar Tower Technology: Solar Tower Technology Makes U.S.
Debut
MELBOURNE, Nov. 5 /PRNewswire-AsiaNet/ --
Leading U.S. financial services and investment banking corporation,
Raymond James and Associates, Inc., (Raymond James) has released an Energy
Industry Brief to the U.S. market that has identified Solar Tower technology
as a 'third' generic technology option to emerge on the large-scale solar
energy front in the U.S.
The Industry Brief prepared by energy analysts from the Equity Capital
Markets Energy Research division of Raymond James, drew attention to the
recent debut of Solar Tower technology in the U.S. as the entrance of a
'third type of solar technology' to enter the arena for consideration in the
surge for large-scale solar adoption by U.S. utilities.
EnviroMission retained Raymond James in August 2009 as its financial and
capital markets advisor for the purpose of providing EnviroMission with
advice as capital raising alternatives are explored in the U.S.
Raymond James is a full service New York Stock Exchange listed Investment
Bank, with 27 domestic and international investment banking and institutional
sales offices.
Raymond James has a strong technology and energy focus and in 2008 had
revenues of US$3.2 Billion. Raymond James has the capability to service the
financial requirements of EnviroMission from the present, through Front End
Engineering and Design and ultimate construction of multiple Solar Tower
Stations.
"Raymond James has been engaged to provide EnviroMission with capital
market advice and a Raymond James Industry Brief stands independent of this
engagement to spell out the basis of its current business thinking backed by
independent expert analysis and review of technology, industry and market
contexts.
"The inclusion of Solar Tower technology in a Raymond James Industry
Brief provides EnviroMission with exposure to a wide US audience that draws
information from many dynamics in that financial market," Mr. Roger Davey,
EnviroMission Chief Executive, said in releasing the document to
EnviroMission's website.
The Raymond James Industry Brief: Solar Tower Technology Makes its U.S.
Solar Tower technology is innovative solar power station technology
developed in Australia for solar efficiency from solar radiation to create
heated air to drive turbines to generate clean green electricity. The
technology defines a new category in large-scale, high capacity, renewable
electricity generation without carbon emissions or the use of water.
SOURCE EnviroMission Limited
CONTACT: Kim Forte, Communications Manager of EnviroMission Limited,
+61414690356, kforte@enviromission.com.au
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