Stirling Energy Systems is a Scottsdale, Arizona

Scottsdale, Arizona

Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, adjacent to Phoenix. According to the U.S. Census Bureau, as of 2010 the population of the city was 217,385...

-based company which develops equipment for utility-scale renewable energy

Renewable energy

Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...

 power plants and distributed electrical generating systems.

In April 2008, Ireland-based NTR

NTR plc

NTR plc , the international renewable energy group, builds and runs green energy and resource-sustaining businesses....

 purchased a majority stake in Stirling Energy Systems for $100M. As of 8/3/2011 NTR reported they are seeking 3rd party investment in Stirling Energy Systems.

On 29th September 2011 Stirling Energy Systems filed for Chapter 7 bankruptcy.

Overview

According to their website, Stirling Energy Systems (SES) is a systems integration and project management

Project management

Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end , undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value...

 company that is developing equipment for utility-scale renewable energy power plants and distributed electric generating systems ("gensets"). SES is teamed with Kockums

Kockums

Kockums AB is a shipyard in Malmö, Sweden owned by the German shipyard Howaldtswerke-Deutsche Werft in Kiel. HDW itself is a subsidiary of the German ThyssenKrupp Marine Systems....

 Submarine Systems, NASA

NASA

The National Aeronautics and Space Administration is the agency of the United States government that is responsible for the nation's civilian space program and for aeronautics and aerospace research...

-Glenn Research Center

Glenn Research Center

NASA John H. Glenn Research Center at Lewis Field is a NASA center, located within the cities of Brook Park, Cleveland and Fairview Park, Ohio between Cleveland Hopkins International Airport and the Cleveland Metroparks's Rocky River Reservation, and has other subsidiary facilities in Ohio...

, the U.S. Department of Energy (DOE), and The Boeing Company for solar power plants. SES claims it is positioned to become a premier worldwide renewable energy technology company to meet the global demand for renewable electric generating technologies through the commercialization of its own Stirling cycle engine technology for solar power generation applications.

Bankruptcy

On 29th September 2011 Stirling Energy Systems filed for Chapter 7 bankruptcy as the stirling dish technology could not compete against the falling costs of solar photovoltaics (PV), according to media reports.

At the beginning of 2011 Stirling Energy's development arm, Tessera Solar, sold off its two large projects, the 709 MW Imperial project and the 850 MW Calico project to AES Solar and K.Road, respectively.

External links

• November 15, 2005 in Wired News -Stirling Systems signed contracts with Con Ed to build plants in the Mojave.
• May 2005 in Fortune Magazine - Stirling Energy Systems makes Fortune Magazine’s 25 BREAKOUT COMPANIES 2005.
• Feb 2005 in Popular Science Magazine - Dishing Out Real Power - Costs are down, interest is up, and the Stirling solar system is ready to flick the switch.
• Jan 2005 in US News - It has been said that solar energy is the future of energy and always will be. But growing concern about climate change and high oil prices is generating new interest in ways to more efficiently capture the power of the sun.
• Irish Times NTR posts record-breaking losses of €381m