JFE Engineering Corporation (JFEE) and Solar Power Group (SPG) have concluded a technology licensing agreement under which JFEE will commercialize SPG’s Fresnel technology having exclusive sales rights in Southeast Asia and Oceania. In addition, JFEE will also market Fresnel based solar thermal power plants in other countries around the world.
SPG was established in Germany in 2004 for the purpose of developing the linear Fresnel solar thermal technology. Since that time, the company has developed the solar steam generator based in the Fresnel concept, successfully demonstrated in the 800kW FRESDEMO pilot plant in Almería, Spain.
The recently concluded technology licensing agreement is based on similar directions in strategy at the two companies, as SPG is targeting sales of linear Fresnel solar thermal plants in sunbelt countries, while JFEE aims at further growth in the global environmental/energy market, based on its extensive record in the energy field, which includes power generation, boiler technology, etc.
“JFE Engineering has been watching the solar thermal power generation as a prospective business that utilizes renewable energy. Signing of the license agreement with SPG is a great step forward for us. When I had the opportunity to visit their trial site at Almeria, Spain, I recognized that their technology is practically simple for commercial use. We will offer a competitive power plant to the market by combining SPG’s technology with ours for BTG (Boiler, Turbine & Generator) technologies”, pointed out Shigeyoshi Kosuge, Senior Managing Director of JFEE.
