Solar firm to
make hay while sun shines
Aug 2, 2006 - Belfast News Letter, The
Author(s): Richard Sherriff R.Sherriff@Newsletter.Co.Uk
PIONEERING solar specialist Thermomax is planning to make hay in the
United States with a major push for new business as the momentum grows
over global warming.
The Bangor firm is aiming for a share of up to $200m in research
grants announced by President Bush in response to the ongoing warnings
of climate change.
Already firmly established in the US with several prestigious
contracts, Thermomax commercial manager Kathy McVeigh said the company
planned to work closely with Invest NI, using its technology and
development centres in Boston and Denver.
The company, a pioneer in the development of solar collection systems
for both heating and cooling water for commercial, industrial and
domestic applications, will use the two centres to strengthen its
position in the US.
"While we've a longstanding relationship with a company in
Washington, which has enabled us to win a number of substantial projects
from the federal government, inquiries are now coming strongly from
other regions and we need to raise our profile.
"Interest in our technology has been strengthened by President George
Bush's proposed Solar America Initiative involving around pounds 100
million for government and private sector research into solar systems.
The US government aims to make solar a competitive energy source by
2015. We need to be there to enable us to contribute to this research
and to benefit from the applications that will surely follow the work.
Founded in 1980 by the late Iranian physicist and entrepreneur Dr
Faramarz Mahdjuri, the firm's US CV includes the supply of solar hot
water systems at the Pentagon and the Department for the Environment in
Washington DC, as well as NASA in Florida and the unique Green Dorm at
the University of South Carolina.
"The Invest NI centres in Boston and Denver are ideal locations from
which we will be able to explore key regions from the eastern seaboard
to the Mid West, South and California,' said Kathy.
"We will be able to benefit from the vast experience and knowledge
that staff at the two centres have in doing business throughout the US.
In particular, we will use the centres to identify potential strategic
partners to enable us to cover this vast market."
Invest NI trade director Alan Hingston said the centres were now an
established and successful part of the services package available to
local firms operating in the US.
"The centres were created specifically to enable smaller companies
with advanced technologies, such as Thermomax, to access opportunities
in a marketplace with a great appetite for smart ideas and new products.
"They offer companies expert advice and very practical support that
includes work stations, facilities for meeting clients and a serviced
business address in the US.
"Having an address in the US is very important because American
companies look for suppliers in the market that they can reach quickly,'
said Alan.
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