Under an agreement announced yesterday, Phoenix-based Stirling Energy Systems said it has landed a $100 million investment from NTR, an international holding company in Dublin, Ireland.
for Stirling, which has come under fire from environmentalists who question Stirling's role in the 150-mile Sunrise Powerlink proposed by San Diego Gas & Electric Co. the Arizona startup with 40 employees plans to develop a power plant, consisting of 12,000 solar energy dishes, near El Centro at an estimated cost of $400 million.
The plant would generate enough electricity for nearly 300,000 homes in San Diego
Environmentalists say they are skeptical of the Stirling proposal. They doubt that the company can move from its prototype models to large-scale production in time to enable San Diego Gas & Electric to meet a statewide mandate that requires it to use renewable energy for 20 percent of its total power supply by 2010. |
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