Solar Thermal/Gas Hybrid Power Project will be Largest Plant of its Kind in the World

MOUNTAIN VIEW, Calif., June 20, 2011 – The Australian Government has selected the AREVA Solar, CS Energy and Wind Prospect CWP consortium's "Solar Dawn" as the preferred solar thermal power project in Round 1 of the Australian Government's Solar Flagships Program.

Solar Dawn is a proposed 250 megawatt solar thermal gas hybrid power plant and will be the largest plant of its kind in the world when completed. The Australian Commonwealth and Queensland Governments also announced their commitment to contribute $464 million and $75 million, respectively, to the project.

Solar Dawn will be located in South West Queensland, near CS Energy's recently announced 44 megawatt Kogan Creek Solar Boost Project. Like Solar Dawn, Kogan Creek Solar Boost will also use AREVA Solar's Compact Linear Fresnel Reflector (CLFR) solar thermal technology.

As a solar thermal gas hybrid power plant, Solar Dawn will combine AREVA Solar's CLFR solar steam generators with a gas boiler back-up system, giving it the ability to deliver around the clock power.

The Solar Dawn consortium will now work closely with key government, commercial and community stakeholders to finalize all relevant approvals and financing arrangements, as well as engineering, procurement, construction, operations and maintenance contracts, by the end of 2011.

AREVA Renewables CEO Anil Srivastava commended the Australian and Queensland Governments on their vision for a low-carbon economy and their investment in this unprecedented utility-scale solar power project.

"The Solar Flagships Program demonstrates the Australian and Queensland Governments' support for renewable energy. This announcement represents another significant milestone in the creation of a world-class clean energy industry in Australia," he said.

"Solar Dawn will be an international showcase for the nation, using Australia's abundant solar resource and AREVA Solar's Australian-pioneered Compact Linear Fresnel Reflector technology to combine zero-carbon solar energy with a low-emission, gas boiler back-up system to efficiently produce clean, reliable power to meet Australia's growing energy demand.

"Once completed, the proposed project will be the largest of its kind and one of the most environmentally responsible power production plants in the world. Its innovative, yet simple hybrid design will deliver energy as needed, even when the sun isn't shining," he added.

The Solar Flagships Program aims to provide the foundation for large-scale, grid-connected solar power and accelerate the commercialization of this energy source in Australia. It is a key component of the Australian Government's $5 billion Clean Energy Initiative.

AREVA Solar designs, manufactures and installs solar steam generators for its global power generation and industrial customers in a dependable, competitive and environmentally responsible manner. AREVA's CLFR solar thermal technology is water-conservative and the most land-efficient solar energy technology available. AREVA Solar has operations in the United States, India, and Australia.

For more information about the Solar Dawn power project, please visit http://solardawn.com.au/.

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AREVA provides its customers with solutions for low-carbon power generation in North America and all over the world. As the leader in nuclear energy and a significant, growing player in the renewable energies sector, AREVA combines U.S. and Canadian leadership, access to worldwide expertise and a proven track record of performance. Sustainable development is a core component of AREVA's strategy. Its more than 5,000 U.S. and Canadian employees work every day to make AREVA a responsible industrial player helping to supply ever cleaner, safer and more economical energy to the greatest number of people. AREVA Inc. is headquartered in Bethesda, Md. Visit us at http://us.areva.com or follow us at Twitter.