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Market: ASX
Sector: Cleantech and Renewable Energy
EPIC: GER
Latest Price: A$0.05  (-10.00% Descending)
52-week High: A$0.15
52-week Low: A$0.05
Market Cap: A$5.06M
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Greenearth Energy
www.greenearthenergy.com.au

Greenearth Energy (ASX: GER) is a diversified Australian renewable energy company that has interests in conventional geothermal resources in Australia, Indonesia and the wider Pacific Rim as well as technology opportunities and project applications in the waste heat recovery, energy efficiency, combined heat and power solar and CO2 to fuel conversion markets.

Greenearth Energy's projects and technologies are designed to deliver energy security outcomes in a carbon constrained world.

The company listed on the Australian Securities Exchange (ASX) on the 4 February 2008.

Full Greenearth Energy profile here
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Greenearth Energy subsidiary rolls out Israeli solar technology in Australia

6th Dec 2010, 9:16 am

Greenearth Energy (ASX: GER) subsidiary, Greenearth Solar Energy Pty Ltd, and Israel based ZenithSolar Ltd have teamed up to introduce the unique, ZenithSolar Z20 technology to the Australian market.

ZenithSolar Z20 is a state-of-the art high concentration photovoltaic (HCPV) / combined heat and power (CHP) solar technology.

The companies have signed a conditional distribution agreement under which a trial of the ZenithSolar Z20 technology will be carried out in Victoria in early 2011.

If the trial is successful it will result in the companies establishing an exclusive distribution agreement for the technology for Australia, New Zealand, Indonesia and a number of Pacific Island nations.

Developed in Israel and successfully operating since April 2009 the ZenithSolar Z20 CHP Solar Technology features two 11m2 collectors, mounted on a dual axis tracker.

This then concentrates incoming solar power onto a receiver which consists of a multi junction PV coupled to a heat exchanger that efficiently converts concentrated solar flux into DC electrical power and thermal energy.

DC electrical power is then converted to AC power and fed to either direct to a customer or the grid.

Thermal energy created by the ZenithSolar Z20 CHP solar technology is pumped through a closed loop system to proximate customer applications.

Thermal energy produced by Zenith Solars' Z20 CHP solar technology can also be utilised for cooling, desalination including brackish water purification.

The Z20 CHP solar technology has been successfully operating in Israel since early 2009, is continuing to be refine and improved  to where it is now has the industry's highest combined efficiency backed by proven field performance.

Mark Miller, managing director of Greenearth Energy,  said  “we believe the ZenithSolar Z20 CHP solar technology has the potential to efficiently deliver the dual benefits of emissions free power and hot water to a wide range of customers."

“This latest strategic initiative further underpins our objective to deliver our core geothermal energy projects in the Australian market and wider Pacific Rim while concurrently establishing aligned and complementary technologies in the broader renewable and energy efficiency sectors." he added.

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