January 19, 2010
SHEC Energy enters agreement with Emerson Process Management
AUSTIN, TEXAS, January 19, 2010 - SHEC Energy has entered into a global
agreement with Emerson Process Management, a business of Emerson
(NYSE:EMR), to help bring online new solar thermal facilities for power
generation. A leader among Concentrated Solar Power (CSP) producers,
SHEC's solar thermal plants have the advantage of using proven steam
turbine technology that has been used in the power industry for
decades.
SHEC Energy selected Emerson's advanced automation services to maximize
the efficiency and reliability of its planned renewable energy projects
globally and to help SHEC bring the cost of solar power in line with
conventional sources of electricity.
"Our goal is to provide the lowest cost renewable energy anywhere in the
world," said Tom Beck, SHEC Energy CEO. "Working with Emerson Process
Management, one of the world's leading process automation companies, is a
key element in our strategy to operate the highest efficiency, lowest
cost plants in the renewable energy industry."
SHEC technology allows it to produce solar power at costs approaching
those of traditional, fossil fuel-based technologies. SHEC's technology
can produce alternative fuels such as hydrogen, as well as heating for
industrial applications.
Emerson brings extensive experience in not only the alternative energy
industry but also the traditional power industry. Emerson has committed
significant resources to help alternative energy companies translate
their technologies into large-scale commercial production of eco-friendly
fuels. In addition to SHEC Energy, Emerson is working with nearly a dozen
other alternative energy companies. With decades of experience in the
power industry, Emerson's plant automation and control technologies
support 600 gigawatts of the world's power-generation capacity.
"Emerson and its suite of digital automation products and services will
help SHEC realize lower project risk, better cost control, and high
reliability," said Steve Sonnenberg, president, Emerson Process
Management. "Emerson's technologies combined with SHEC Energy's inherent
patented technology advantages positions SHEC for sustainable growth in
the solar power generation industry."
About Emerson Process Management
Emerson Process Management (www.EmersonProcess.com), an Emerson business, is a leader in
helping businesses automate their production, processing, and
distribution in the chemical, oil and gas, refining, pulp and paper,
power, water and wastewater treatment, mining and metals, food and
beverage, life sciences, and other industries. The company combines
superior products and technology with industry-specific engineering,
consulting, project management, and maintenance services. Its brands
include PlantWeb, Syncade, DeltaV, Fisher, Micro Motion, Rosemount,
Daniel, Ovation, and AMS Suite.
About Emerson
Emerson (NYSE:EMR), based in St. Louis, Missouri (USA), is a global
leader in bringing technology and engineering together to provide
innovative solutions to customers through its network power, process
management, industrial automation, climate technologies, and appliance
and tools businesses. Emerson's sales in fiscal 2009 were $20.9 billion.
The company is ranked 94th on the Fortune 500 list of America's largest
companies. For more information, visit www.Emerson.com.
About SHEC Energy Corporation
SHEC Energy was formed in 1996 with the mandate of producing hydrogen
renewably and cost competitively with fossil fuels. This technology has
been adopted for solar thermal power generation. SHEC Energy's hydrogen
history has provided a technological lead for power generation since high
efficiency, high temperature solar technology was developed for the
process. SHEC Energy has developed advanced, highly efficient solar
technologies and manufacturing technologies to achieve this goal. Solar
energy is the logical renewable source because it is abundant with about
6,000 times more energy bombarding the Earth than all of humanity's
energy requirements. It also has a lifespan of billions of years. SHEC
Energy's technology is not only applicable for power generation, but can
also co-generate hot water, chilled water, and desalinated water
simultaneously with little additional cost. The technology can also be
applied to thermal chemical processes such as alternative fuel
production. SHEC Energy's CSP technology can be applied to power
generation in the range of 25 kilowatts to the gigawatt range. For more
information, visit www.SHECenergy.com.
2010
May 12
SHEC Energy and Cleanergy join forces to launch an advanced
solar Stirling engine offering
January 19
SHEC Energy enters agreement with Emerson Process Management
2009
July 22
SHEC Energy Adds Dr. Andy Ananthakrishnan To Senior Executive Team
July 20
CTV News Highlights Global Interest In SHEC Energy's Solar Power Technology
June 17
SHEC Energy relocates to new headquarters - starts commercialization
January 29
SHEC Energy at WFES
January 14
SHEC Energy exhibiting at World Future Energy Summit
2008
November 26
SHEC Energy awarded a grant for approximately $40 million
September 23
SHEC LABS moves up to #2 Position of Clean Energy Companies
August 25
SHEC Energy incorporates in Beaumont, Texas
July 14
SHEC LABS has developed the world's most efficient Solar Thermal technology
Archive - 2007
November 2
Grand Opening - The City of Regina Hosts Ribbon Cutting
Ceremony of their State of the Art Landfill Gas Collection
System
October 31
SHEC LABS - One Step Closer To Commercialization
June 7
SHEC LABS - Solar Hydrogen Energy Corp teams up with the University of
Victoria for Large Scale Solar Concentrator
May 29
James S. Hansen, B.Eng joins SHEC's Board of Directors and Management Team
January 16
SHEC LABS - Solar Hydrogen Energy Corporation receives
Best Company to become Public - TSX Venture award
Archive - 2006
December 22
SHEC LABS, Solar Hydrogen Energy Corporation selected in top 10
of the world's best renewable energy technologies
December 22
SHEC LABS launches second Offering to fund construction of its first Renewable Solar
Hydrogen Production Facility
September 15
SHEC Appoints Neil Mohammed of BMO Capital Markets to Its Board of Directors
September 14
SHEC Thanks Team Member For Past And Continued Support
August 15
SHEC announces Victor Smith, CEO of Giffels/Ingenium has joined the Board of Directors
July 6
SHEC Concludes Hydrogen Workshop for "SHEC Station #1"
June 20
SHEC LABS completes first closing under recent Private Placement Offering Memorandum
May 5
SHEC LABS launches Offering to fund construction of its first Renewable Solar Hydrogen
Production Facility
April 25
O'Brien, Vice President of Environmental Services and Infrastructure of
Giffels/Ingenium joins SHEC's Board of Directors and Management Team
April 4
SHEC LABS announces Pierre Rivard, President and CEO of Hydrogenics Corporation to join its
Board of Directors
Archive - 2005
December 7
SHEC LABS and the City of Regina Saskatchewan are pleased to announce the world's first Solar
Hydrogen production station from landfill gas
November 22
Sustainable Development Technology Canada to Provide $42.5 Million in New Funding For
Canadian Clean Technology Projects
June 16
Jamie Bakos, Manager of Environmental Services of Giffels/Ingenium joins SHEC's Board
of Directors
June 1
SHEC Labs plans Renewable Solar Hydrogen Pilot Plant
May 18
SHEC Labs Releases Unit Conversion Calculator
May 5
SHEC Labs Releases Fuel Energy Equivalency Calculator
March 10
SHEC Labs applies for new patent for Heat Valve
January 5
SHEC Labs applies for new patent for Solar Receiver
Archive - 2004
October 15
SHEC Labs Announces Strategic Partnership with Clean 16 and UofT
October 12
SHEC Labs Announces Strategic Partnership with Hydrogenics Corporation
October 1
SHEC Labs Announces Strategic Partnership with Giffels Associates Limited
September 28
SHEC Labs files for Solar Aperature Patent
July 6
SHEC Labs produces Hydrogen from water in the Arizona Desert
May 26
Solar Hydrogen Generator at STAR test site
January 12
SHEC Labs completes long term testing on Dry Fuel Reformation Catalyst
Archive - 2003
October 21
SHEC Labs develops Anti-Coking fuel reformation technology
August 26
SHEC Labs Unveils prototype solar heating/cooling system
June 10
SHEC Labs Unveils The Power Of 5,000 Suns With It's Advanced Solar Concentrator
April 21
Government of Canada to fund SHEC LABS
April 7
SHEC Labs Launches ProShopMAX Division
March 20
SHEC Labs Granted United States Patent
March 7
SHEC Labs Announces Updated Offering Memorandum for Private Placement
February 12
SHEC Labs to open U.S. Office in Arizona
Archive - 2002
December 4
SHEC Labs Announces Private Placement
October 29
SHEC Labs Signs Asset Purchase Agreement with Mini-Tek Electronics Service
October 28
SHEC Labs Signs Licensing Agreement with Trillium Technology Investments Ltd.
September 22
SHEC Labs Starts Development of Solar Reactor
July 30
SHEC Labs Granted Patent
June 30
SHEC Labs Advances Spin-off Catalyst to Produce Hydrogen from Methane
April 30
SHEC Labs Develops Advanced Mass Flow Meters
Archive - 2001
December 15
SHEC Labs Closes Private Placements
November 30
SHEC Labs Commissions Advanced Catalyst Testing System
June 30
SHEC Labs' Technology Externally Validated by Giffels Associates Limited
March 27
SHEC Labs Completes Larger Scale Concept Machine
February 20
SHEC Labs Completes Initial Small Scale Concept Machine
Archive - 2000
December 15
SHEC Labs Closes Third Private Placement
November 30
SHEC Labs Completes 1/12 Scale Heliostat
October 30
SHEC Labs' Catalyst Technology Externally Validated by Wardrop Engineering Inc.
July 15
SHEC Labs Creates Pressure Swing Adsorption (PSA) Gas Separation System
April 30
SHEC Labs Develops Redumentary Catalyst
March 30
SHEC Labs Develops Near Real Time Gas Analyzer
Archive - 1999
November 15
SHEC Labs Constructs 350KW Power Control for Solar Simulator
June 30
SHEC Labs Completes Materials Processor
Archive - 1998
June 30
SHEC Labs Starts Work on Solar Simulator
May 30
SHEC Labs Files Patent for High Temperature Process to Produce Hydrogen from Water
April 30
SHEC Labs Closes Second Private Placement
February 28
SHEC Labs Demonstrates High Temperature Process to Produce Hydrogen from Water
Archive - 1997
July 30
SHEC Labs Closes First Private Placement
