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Torresol Energy secures US$760 Million loan for 2 Thermal Solar Plants.

Torresol Energy, a joint venture between Masdar, a wholly-owned subsidiary of the Mubadala Development Company, and SENER, a leading international multidiscipline engineering company, with offices in Abu Dhabi, has secured US$760 million project finance loans for the construction of its twin Concentrated Solar Power (CSP) plants – Valle 1 and Valle 2 – in Andalucía, [...]

New Partnership Announced to Develop Concentrated Solar Power Plants

Abengoa Solar and E.ON Climate & Renewables have today formed a partnership that will see them jointly own and operate two 50MW Concentrating Solar Power (CSP) plants. The plants which are already under construction are located in Ecija (Seville), Southern Spain, one of the best areas in Europe in terms of solar radiation.

The 50:50 partnership [...]

Government of Spain Invests in Facility to Manufacture Solar Thermal Energy Components

Solel Awarded $2.6 Million Grant From Spanish Government for Solar Manufacturing Facility Investment by Solel in first Spanish facility is $12 million; total investment in manufacturing plants expected to reach $140 million

Solel Solar Systems, Ltd. announced today it has received a €1.8 million ($2.6 million) grant from the Ministry of Innovation, Science and Enterprise of [...]

High Performance, Low Cost Sterling Dish Concentrator Developed by Titan Tracker

Titan Tracker

TITAN TRACKER, a Spanish based technology firm specialized in manufacturing and commercialization of dual-axis solar trackers has just developed, under its industrial property rights, a Stirling dish concentrator: the model 125-129 STIRLING, specifically designed for utility-scale Concentrating Solar Power (CSP)

Each structure includes two parabolic dishes with a high reflectance-mirrors surface of 65,4 m2 [...]

Solar Millennium and Southern California Edison Sign Deal for 726 Mw of Solar Thermal Power

Solar Millennium

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 [...]