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Financial restructuring proposal
About us

Company history

The beginnings

  • Abengoa started solar energy research with construction of components such as heliostats and facets for the Cesa Power Tower at the Almería Solar Complex. We later collaborated with Israel’s Weizmann Institute on the design and construction of its solar power tower project.

1990 - 1999

1993
  • Abengoa built Toledo PV, a 1MW turn-key photovoltaic plant that is owned by Union Fenosa, Endesa and RWE. The project was built with a subsidy from the European Union.
1994 – 1999
  • R&D projects were carried out to develop new concepts in parabolic trough technology and concentrating solar receivers.
  • Parabolic trough developments included:
  • Theseus: The Theseus Project studied the feasibility of a parabolic trough plant in Greece.
  • Eurotrough: Abengoa Solar was one of the leaders in developing the Eurotrough. The purpose was to develop a parabolic trough with improved optical efficiency than already existing designs, as well as better manufacturing and assembly processes.
  • DISS: By investigating the direct generation of steam in the parabolic trough receiver, research led to a major technical advance of a 30% increase in electricity generation.

2000 – 2009

2004
  • Construction began on the Solúcar Complex, Europe’s largest solar complex, in Sanlúcar la Mayor, Seville, Spain. Once it is completed, it will be home to approximately 300 MW of power installations.
2007
  • Start-up of PS10, the first commercial power tower in the world, and Seville PV, the world’s first low-concentration photovoltaic plant, both located at the Solúcar Complex.
2009
  • Start-up of PS20, the world’s largest power tower for commercial use, and several pilot concentrating solar power plants at the Solúcar Complex:
  • A second-generation, high-temperature power tower
  • A pilot trough plant using water as the heat transfer fluid (direct steam generation)
  • A pilot salt storage plant
  • Abengoa Solar and E.ON entered into a joint venture to build two 50-megawatt trough plants at Ecija Solar Complex.

Present

2010
  • Abengoa Solar began commercial operation of Solnovas 1, 3 and 4, the first three parabolic trough plants located at the Solúcar Complex, Seville (Spain).
  • Abengoa Solar joined Total and Masdar to develop, build and operate Shams-1, a 100 MW solar plant. Located in Abu Dhabi, it will be the largest solar plant in the Middle East.
  • Abengoa Solar partnered with JGC Corporation to jointly own two 50-megawatt concentrating solar power plants at the El Carpio Solar Complex, Spain.
  • Abengoa Solar and ITOCHU Corporation form a partnership to jointly own two 50 megawatt concentrating solar power (CSP) plants in Extremadura Solar Complex.
  • Abengoa solar received a federal loan guarantee from the U.S. Government in the amount of $1.45 billion, which facilitated the financial closing with the Federal Financing Bank (FFB) and the start of the plant´s construction".

  • Link to Solana's video
    Link to Obama's video
2011
  • Abengoa Solar commercializes a new high-concentration photovoltaic system (HCPV) with an efficiency rate of more than 29 % in its production modules.
  • Abengoa Solar was awarded two CSP projects by South Africa's Department of Energy. Construction will begin mid-2012.
2012
  • Abengoa Solar reaches 743 MW in commercial operation with the addition of the following plants:
  • Ecija Solar Complex, with two 50 MW parabolic trough plants (Helioenergy 1 and 2)
  • El Carpio Solar Complex, with two 50 MW parabolic trough plants (Solacor 1 and 2)
  • Extremadura Solar Complex, with two 50 MW parabolic trough plants (Solaben 2 and 3)
  • Castilla-La Mancha Solar Complex, with two 50 MW parabolic trough plants (Helios 1 and 2)
Abengoa Solar has begun construction of two concentrating solar plants, Khi Solar One, a 50 MW solar tower and KaXu Solar One, a 100 MW parabolic trough plant.
2013
  • Abengoa Solar reaches 843 MW in commercial operation.
  • The last two plants of the Extremadura Solar Complex, Solaben 1 and Solaben 6, entered into operation. These new solar installations make it the largest solar complex in Spain with a total installed capacity of 200 MW.