EnviroMission - Towers

A Solar Tower power plant - sometimes referred to as a "Solar Chimney" or "Solar Updraft Tower" is a Solar Thermal Power Plant that combines the use of a solar air collector (canopy) and a central updraft tower. EnviroMission’s Solar Tower STP Intellectual Property was independently valued at AUD$60M in 2011 principally using the methodology of a relief-from-royalties approach that included a probability adjusted net present value (“NPV”) of projected future cash flows using revenue projections and expenses developed by the valuer modelled on projections for a Solar Tower STP development in Arizona, USA.