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AREVA, Fresno Nuclear Energy Group Sign Contract for Clean Energy Park in California

Press Release

March 30, 2011

March 30, 2011

AREVA and the Fresno Nuclear Energy Group, LLC (FNEG) announced today they have signed a contract to initiate the first phase in the development of an advanced Clean Energy Park near Fresno, Calif.

Phase one of the Fresno Clean Energy Park envisions a Concentrated Solar Power (CSP) plant, which will power a water processing plant integrated with a waste water treatment facility. The contract focuses on activities to support the feasibility assessments of the project.

“We are developing the Fresno Clean Energy Park to meet our region’s most serious needs: creating a stable supply of clean water for the Central Valley and meeting the state’s growing energy demands with clean energy sources,” said John Hutson, president of FNEG. “Together with AREVA, we look forward to building the state’s first Clean Energy Park.”

Today’s contract follows a series of milestones for the Fresno Clean Energy Park beginning with an April 2010 Memorandum of Understanding between AREVA and FNEG to begin development of the project using all AREVA technologies.

“Clean Energy Parks, like the one under development in Fresno, will help our country meet a growing demand for clean power generation using AREVA’s advanced nuclear energy and renewable technologies,” said Jacques Besnainou, CEO of AREVA North America. “The technologies available include AREVA’s U.S. EPR™ and other reactors, concentrated solar, offshore wind and biomass plants.”

The first phase of the Fresno Clean Energy Park will provide 1,000 direct and indirect jobs during construction and 200 long-term jobs while in operation. Additionally, the project will generate millions of dollars in regional economic investment and ultimately over 1 million acre feet of clean, reliable water each year.

Headquartered in Mountain View, Calif., AREVA Solar uses compact linear Fresnel reflector (CLFR) technology to concentrate the sun's rays and produce steam for power generation and for industrial steam uses. CLFR is considered the most land-efficient solar technology available.

Contacts

Jarret Adams
Phone: +1 (306) 343-4637
Email: jarret.adams@areva.com



Véronique Larlham
Phone: +1 (306) 343-4503
Email: veronique.larlham@areva.com