Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Abengoa, S.A.    ABG   ES0105200416

ABENGOA, S.A.

(ABG)
SummaryQuotesChartsNewsCalendarCompany 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Abengoa S A : advances in the construction of the world's largest solar complex in Dubai

09/24/2020 | 06:30am EST

Abengoa advances in the construction of the world's largest solar complex in Dubai

September 24, 2020

  • The company has just celebrated the completion of the first solar field of the three 200 MW parabolic trough plants which is building in phase IV of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park, in the United Arab Emirates.
  • Its construction has involved the installation and assembly of 2,120 collectors, each weighing 40 tons.

September 24, 2020 - Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, has just celebrated the completion of the first solar field of the three which is building in the largest solar complex in the world: the Mohammed bin Rashid Al Maktoum Solar Park. Phase IV of MBR Solar Park is currently under development by Noor Energy 1 PSC, a company owned by DEWA (Dubai Electricity and Water Authority), ACWA Power, and Silk Road Fund.

Abengoa provides the technology and is responsible for the design, engineering and construction, for Shanghai Electric Group Co. Ltd., of three parabolic trough plants of 200 MW each, which are part of phase IV of the complex. Now, the Dubai desert has been the scene of the installation of the last of the 2,120 parabolic trough collectors which are part of the solar field of the first of the plants and which has involved the assembly of more than 53,000 tons of structures, even breaking production records, having been installed up to 80 collectors per week.

A new generation of parabolic trough collectors

These collectors, with a 1,430 m2 mirrored surface each in the shape of a parabola, are responsible for concentrating solar radiation, heating a transfer fluid, which will produce steam that feeds a turbine to generate electricity. In addition to this, the collectors installed in this plant are part of the new generation of big aperture parabolic trough collectors, also manufactured by Abengoa, the Spacetube 8.2++, which is the parabolic through with biggest aperture in current commercialized applications. Its innovative design resulted in important improvements regarding its optical accuracy, optimization of assembly and a reduction in manufacturing and installation costs.

In this way, the company consolidates its position as a world leader in the construction of solar thermal plants, in which it has an installed capacity of 1.7 GW, which represents 34% of production worldwide. Likewise, Abengoa is reinforcing itself as a reference in engineering, construction and procurement in the Middle East. In this geography, it has a broad portfolio that includes recently awarded projects, such as the Jubail 3A reverse osmosis desalination plant in Saudi Arabia or the Tawelaah plant, in the United Arab Emirates, which, with a capacity of 909,000 m3/day, will be the largest of its kind in the world. In addition, Abengoa is currently participating in the construction of the largest hybrid solar gas plant in the world, Waad Al-Shamal, in Saudi Arabia.

General image of the solar field.

Click here to donwload in hight resolution.

Moment of the milestone celebration in Arab Emirates.

Click here to donwload in hight resolution.

About Abengoa

Abengoa (MCE: ABG/P:SM) applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors. (www.abengoa.com)

Communication Department:

Marián Ariza

Tel: +34 954 93 71 11

E-mail: communication@abengoa.com

Investor Relations & Capital Markets:

Gonzalo Zubiría

Tel: +34 954 93 71 11

E-mail: ir@abengoa.com

And on our blog: http://www.theenergyofchange.com

Disclaimer

Abengoa SA published this content on 24 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2020 10:29:00 UTC


© Publicnow 2020
All news about ABENGOA, S.A.
01/22ABENGOA S A : is consolidated as one of the leading companies in the fight again..
PU
01/21ABENGOA S A : exceeds 85% of Rabigh 3 IWP's construction - the largest reverse o..
PU
01/04ABENGOA S A : The Abengoa group, recognized by Engineering News-Record as a lead..
PU
2020ABENGOA S A : Europe's supply chain finance fix feeds hidden debt fears
RE
2020ABENGOA S A : is awarded the first large scale hybrid microgrid with flow batter..
PU
2020ABENGOA S A : selected to execute a 500-kV line and an electrical substation in ..
PU
2020ABENGOA S A : is awarded the construction of a substation and the sectioning of ..
PU
2020ABENGOA S A : successfully completes a new transmission project in Argentina
PU
2020ABENGOA S A : advances in the construction of the world's largest solar complex ..
PU
2020ABENGOA S A : Shuaibah desalination plant built by Abengoa, awarded at the 2020 ..
PU
More news
Chart ABENGOA, S.A.
Duration : Period :
Abengoa, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
NameTitle
Joaquin Fernandez de Pierola Marin Chief Executive Officer
Gonzalo Urquijo Fernández de Araoz Executive Chairman
Víctor Pastor Fernández Chief Financial Officer
Manuel Castro Aladro Lead Independent Director
José Luis del Valle Doblado Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ABENGOA, S.A.-15.26%162
VINCI SA-1.11%55 050
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-0.60%31 984
LARSEN & TOUBRO LIMITED5.87%26 228
CHINA RAILWAY GROUP LIMITED4.17%19 305
FERROVIAL, S.A.-10.71%17 774