Greenearth Energy (ASX: GER) subsidiary, Greenearth Solar Energy Pty Ltd, and major shareholder Advance Publicity Limited, have agreed on a high profile demonstration site for the ZenithSolar Z20 technology.
The site is located in Port Melbourne only minutes from Melbourne's central business district, and will introduce to the Australian market the unique, state-of-the art, High Concentration Photovoltaic (HCPV) / Combined Heat and Power (CHP) solar technology.
Israel based ZenithSolar Ltd signed a conditional distribution agreement with Greenearth Energy under which a trial of the ZenithSolar Z20 technology will be carried out in Victoria in early 2011.
The proposed demonstration will be the first outside Israel and the site at 69 Fennell Street will allow potential investors, project developers and offtake customers easy access to the technology.
Greenearth believes the technology has the potential to efficiently deliver the dual benefits of emissions free power and hot water to a wide range of customers throughout Australia and the wider Pacific region.