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According to the Spanish Solar Thermal Industry (Protermosolar), between 35 and 40 percent of investment in the capital of the Spanish concentrated solar power plants are foreign. |
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The PP government policy has cost 5,000 million euros to the Concentrating Solar Power (CSP) in Spain. |
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While Public Administration estimates that the concentrating solar power industry will have a total of 2,521 MW installed at the end of 2013, in fact only 2,300 MW will be achieved. |
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Sanchez Ortega also defended its solar thermal technology attracting R & D investment and be prepared in case of Abengoa, to operate without subsidies from 2020. |
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The figure has been reduced by 40% in just one year by the effect of the moratorium on renewable energy. |
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The project aims to build infrastructure for research and development of technologies that produce CSP energy, in the present case for those of the parabolic trough type. |
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The solar thermal energy contributed during 2012 with 2.607 million euros to the economy, up from 927 million in premiums received. |
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The Spanish companies are involved in 64% of concentrating solar projects in development or construction worldwide. |
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Spanish concentrating solar power company Abengoa has also threatened legal action though Spanish firms are considered to have little recourse because the laws were passed as decrees. |
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Abengoa is planning to take legal action against the Spanish government over its latest energy reform, the company said, after posting a 51 percent fall in 2012 profit. |
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2012 revenues of €7,783 million and EBITDA of €1,246 million, representing an increase of 10% and 13% respectively.USA becomes the first market in term of revenues. |
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GroßansichtRPH process pump that will be used in the new solar thermal power plant 60 kilometres south-east of Seville. |
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The organizations state that MINETUR has presented distorted estimates of the economics of renewable energy generation. |
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Foreign investors in renewable energy projects in Spain have hired lawyers to prepare potential international legal action against the Spanish government over new rules they say break their contracts. |
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SENER’s President, Jorge Sendagorta, was the person in charge of receiving the award from the hands of the General Manager of Innobasque, José María Villate Blanco. |
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The company chaired by Florentino Perez has reached an agreement with General Electric to acquire two U.S. giant solar thermal Castilla-La Mancha in which the builder has invested 500 million. |
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Moody's says the latest cuts hurt the credit quality of Abengoa and Concentrating Solar Power (CSP) companies. |
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Protermosolar Secretary General, Luis Crespo, said that in just six weeks the Concentrating Solar Power (CSP) sector has lost 33% of their income. |
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The recent package reduces the Concentrated Solar Power revenue by more than 30%. |
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In the power plant, steam for generating power is produced directly in receiver tubes in the parabolic troughs. |
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