Start of construction of the Blythe solar power plant could come as early as 2013 Solar Millennium AG, Erlangen and solarhybrid AG, Brilon will pave the way for the construction of major solar power plants in the US starting in 2013. In the evening from Wednesday to Thursday, the companies conditionally agreed that solarhybrid will [...]
Solar Millennium AG has increased its share in the sales subsidiary Solar Millennium Invest AG to 100 percent by indirectly acquiring the 45 percent share from Prof. Dr. Wolfgang Gerke at nominal value. Solar Millennium is thus streamlining and simplifying group structures as well as providing for more transparency. Prof. Dr. Wolfgang Gerke, a renowned [...]
Hybrid power plant with 150 MW capacity will use solar thermal energy and natural gas and can be operated around the clock In Kuraymat, roughly 100 kilometers south of Cairo, a major solar-thermal power plant is going into operation for the first time in Egypt. The solar field consists of parabolic trough collectors with an [...]
Ormat Technologies, Inc. (NYSE:ORA), announced today that following the announcement of September 13 ,2010, its subsidiary, Ormat Systems Ltd. (“Ormat”), in accordance with its business partner Solar Millennium AG, has resolved not to submit a bid for the Solar Thermal tender at Ashalim, Israel. This mutually agreed decision is a result of both companies examination [...]
Solar Trust of America says its project development subsidiary, Solar Millennium LLC, has received unanimous approval from the California Energy Commission (CEC) to build and operate its 1,000 MW Blythe Solar Thermal Power Project in Riverside County. This would be the largest concentrating solar power (CSP) facility in the world, the company says. The project [...]
Solar Millennium AG, Erlangen, has completed the sale of 50 percent of the stakes in the Ibersol power plant project to Ferrostaal AG, Essen. Ibersol is the fourth power plant project developed by Solar Millennium in southern Spain. The realization of the parabolic trough power plant with a capacity of 50 MW in the province [...]
Fixed interest rate of 6.5% p.a. for five-year bonds Issue proceeds to be primarily used to pre-finance components for the realization of solar-thermal power plants in the US US is a growth market for solar-thermal power plants with excellent conditions – by 2020 every third kilowatt-hour in California to be generated from renewable energy sources [...]
Aug 10 2010 | Posted in |
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The condenser for the power plant block of the Andasol 3 Solar Thermal power project arrived at the building site near La Calahorra on Monday. Also the turbine for the Andasol 3 power plant has already reached the Mediterranean coast in the south of Spain. At the same time, the generator that was built in [...]
The four potential power plant locations of Solar Millennium AG’s (ISIN DE0007218406) and Ferrostaal AG´s US subsidiary, which are on the so-called fast track list, have reached the next stage of the approval procedure. All power plant projects are on schedule. Solar Millennium intends to start construction of at least one planned project by the [...]
On 30 October 2009, Solar Millennium AG, Erlangen, sold Ibersol Electricidad Solar Ibérica S.L., the project company for the Ibersol parabolic trough power plant, to MAN Ferrostaal AG, Essen, and Ibersol Kraftwerks GmbH, Erlangen. The project, which was granted pre-registration on 11 November, will now be expedited with the help of the partners. The acquisition [...]
Solar Millennium AG, Erlangen, has restructured in the US to react to the rapidly growing demand for solar thermal power generation. Moving forward, all activities in the US market will be consolidated into one new joint venture, Solar Trust of America, LLC (STA). Solar Millennium owns a total of 70 percent in this JV via [...]
July 1st marked the day that Europe’s first ever parabolic trough power plant, Andasol 1, was officially inaugurated under the patronage of the president of the Junta de Andalucía. In December 2008,Andasol 1 was connected to the grid and supplies up to 200,000 people in southern Spain with environmentally friendly electricity. With a collector surface [...]
Jul 8 2009 | Posted in
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Erlangen, Germany/ Berkeley, California Solar Millennium, LLC, Berkeley, a wholly-owned subsidiary of Solar Millennium AG, Erlangen (ISIN DE0007218406), signed power purchase agreements with US investor-owned utility Southern California Edison (SCE). The agreements, which are subject to approval of the California Public Utilities Commission, call for the development of two, 242 MW power plants, with the [...]
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