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Electricity generated by an Ausra solar thermal power plant can be made available around the clock and reach capacity factors of 60 percent, just like coal and gas plants, and is expected to be competitive with current fossil generation and cheaper than next generation IGCC coal," said venture capitalist Vinod Khosla, a member of the Clinton Global Initiative Advisory Board and Ausra's board of directors. The company develops, finances, and operates solar and wind farms, solar thermal power plants, as well as biogas and bioethanol large-scale systems. The solid industrial and political commitment to the expansion of the solar thermal power plant industry shows that the current surge of activity in the solar electricity sector is only a foretaste of the potential, massive transformation and expansion over the coming decades. |
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