Solar power: Areva buys solar company Ausra

Mountain View, Calif., March 2, 2010 — Areva completed its acquisition of U.S.-based Ausra, Inc., a provider of large-scale concentrated solar power solutions for electricity generation and industrial steam production.

The Ausra acquisition, announced in early February, serves as the platform for building Areva’s global concentrated solar power business.

Areva is a pioneer in its strategy of serving the global solar market with a fully integrated offering, including technology leadership as well as engineering, procurement and construction and lifecycle services.

Click here for previous coverage of the Ausra/Areva deal

Power generation and industrial steam customers can count on Areva to deliver the most cost-effective, land-efficient and water-conservative technology, backed by its financial strength and worldwide market presence,” said Dr. Robert E. Fishman, former CEO and Chairman of Ausra.

 

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