Universal Continuing Decision Process For: Valves

        n   Supplier: Flowserve Corporation

           Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced it has received several orders worth more than $31.5 million USD from the solar power industry. The orders, which include boiler feed water, condensate, cooling water, hot thermal-transfer fluid (HTF) and molten salt pumps for solar thermal power plants of both power tower and parabolic mirror designs, were primarily booked in previous quarters in 2009. "Concentrated solar power is an important opportunity for Flowserve, since providing pumping solutions for the alternative energy industry is a key ingredient in our global strategic growth plan," said Lewis Kling, Flowserve President and Chief Executive Officer. "We believe these orders strengthen our position in the growing renewable energy industry, while supporting the ecological and sustainability efforts of our customers." The Flowserve pumps will be used at plants employing two different concentrated solar power (CSP) designs. Parabolic mirror plants use mirrors to concentrate the sun’s energy onto receivers positioned at the focal point of each mirror. The power tower design incorporates many large, sun-tracking mirrors (called heliostats) to focus sunlight on a receiver at the top of a centrally located tower. In both designs, transfer fluid is heated and used to create steam, which is then supplied to drive the plant’s turbine to generate electricity.
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