"....here are the principal advantages that we see in the solar tower. First, there is the likely prospect of superior project economics, both in terms of capital and operating costs. This is a function of several features, probably the most important of which is the fact that the solar tower�s capacity factor is twice as high as CSP�s. The solar tower has a longer and more efficient production cycle during a day because it captures both direct and indirect sunlight. Second, the solar tower�s plant life is expected to be roughly twice as long, which also improves economics (over the long run) and adds to the sustainability profile of the project. The longer plant life in partly due to the solar tower�s lower operating temperature and thus reduced wear and tear. Third, the solar tower does not require an external water supply, which of course is often scarce in areas with high sunlight, such as the Southwest. This makes finding plant sites easier, both from the standpoint of logistics as well as regulatory permits."
"As U.S. utilities individually decide which technology to use in their large-scale solar projects, the solar tower is set to join PV and CSP as a third commercially viable option."...... "This trend is driven by (1) steadily improving project economics; (2) government incentives, such as the federal Investment Tax Credit (ITC); and (3) renewable portfolio standards (RPSs), currently at the state level and potentially at the federal level as well."
The pic,
I don't see any recommendation. I can only assume that paid-up clients of RJ get the full report. The tone of the report is a screaming, "Strong Buy (SB1) Expected to appreciate and produce a total return of at least 15% and outperform the S&P 500 over the next six months." and then some, IMO.
EVM Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
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