EnviroMission aims for solar towers in U.S.

Struggling solar developer EnviroMission of Australia (PINKSHEETS: EVOMY) wants to try building the company's fledgling "Solar Tower" projects in the United States.

The company is opening a U.S. office in Arizona as a "base for development in the Southwest" where the company says strong potential has been indicated for the technology after initial industry and government discussions in the region.

EnviroMission says it's conducting a feasibility study and meteorological testing of 24,000 acres of right of access land secured from The State Land Trust in northwestern Arizona, midway between Phoenix and Los Angeles.

The company's Solar Towers are envisioned as heating a large body of air under an expansive collector zone, which then rises, according to the laws of physics, to move as a hot wind through large turbines in a tower to generate electricity.

However, after four years and 17 capital raisings, according to the Sydney Morning Herald, the company has yet to build one of its Solar Towers, and has dramatically scaled back its plan for the projects, originally envisioned as 1 km tall towers costing as much as $1B AUD (almost $800M USD).

The company's annual report reveals EnviroMission CEO Roger Davey was paid $250,000 AUD ($200 USD) this past year.