Thursday, June 17, 2010

Abengoa Solar partners with Total and Masdar to build, own and operate the first large scale Solar Power Plant in the Middle East

Abu Dhabi, June 9, 2010.- The bidding consortium of Abengoa Solar and Total has been selected in the competitive international Shams -1 tender by Abu Dhabi’s future energy company Masdar to enter with Masdar into a joint venture to develop, own and operate in the Emirate of Abu Dhabi the largest solar plant in the Middle East. Featuring some 6,300,000 square-feet of Abengoa Solar parabolic trough collectors, the plant will have a 100 megawatts capacity of clean solar power.

With construction beginning in mid 2010, the Shams concentrating solar power (CSP) station will be operational in 2012 and will cover 741 acres of desert. The plant will produce enough electricity to power 62,000 households with sustainable energy. The Shams -1 plant represents one of the first steps in the region towards the introduction of sustainable energy sources in an energy market which until now has depended mostly on hydrocarbons. To make solar power generation viable, the Government of Abu Dhabi has approved for the Shams -1 project a solar incentive premium in the form of a long term Green Power Agreement.

Source:  Renewable Energy Sources    Read full article here.

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