2010 in Review

In 2010, Abengoa Solar consolidated and strengthened its global position as a flagship company in the solar energy sector.

Abengoa Solar’s milestone achievements in 2010 include:

• In Spain, the company placed in service three trough plants, for a total of 150 MW of installed capacity. It also secured financing for 6 plants and commenced construction of a total of 400 MW.
• In the United States, construction began on Solana, the 280 MW (gross capacity) solar power plant, one of the world’s largest. This plant, which is located in Arizona, received an FLG of $1,450 M from the US government, which helped close financing and pave the way for start of construction. In addition, development activities continued at the 280 MW (gross capacity) plant located in California’s Mojave Desert.
• Internationally, Abengoa Solar approached final construction of the ISCC plant in Algeria. It also started the construction of a 100 MW trough plant in Abu Dhabi, and developed a portfolio of PV projects in Italy.
• In 2010, Abengoa Solar struck up alliances with leading multinational companies in order to launch large-scale CSP plants. Highlights included agreements signed with Abu Dhabi Future Energy Company (MASDAR), E.ON, Itochu Corporation, JGC Corporation, and Total.
• In R&D, during 2010 the Solucar complex, located in Seville, (Spain) consolidated its standing as one of the world’s leading R&D centers in the field of solar energy. The complex currently features various groundbreaking and fully operational research facilities, including a high-temperature tower with more than two years of operation, a parabolic trough plant for direct steam generation, a thermal storage facility utilizing molten salt storage, a Stirling dish facility, various high concentration PV installations, and a PV laboratory.
• In the arena of industrial solar thermal facilities, the first integrated facility began operating at a coal-fired power plant located in Colorado and owned by Xcel, a public utility. A new solar facility was also installed to heat water at the Englewood Correctional Institution in Colorado.
• Abengoa Solar, through its subsidiaries, supplied parabolic trough structures for the Ecija and El Carpio solar complex plants, and it has also secured the supply for the Castilla-La Mancha and Extremadura solar complex.

Abengoa Solar became involved in the Desertec Industrial Initiative, which seeks to promote a stable framework to develop renewable energy in desert areas of North Africa and the Middle East for both local consumption and export to Europe.