Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

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


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Abengoa S A : is awarded the first large scale hybrid microgrid with flow batteries in Africa

11/11/2020 | 05:05am EST

Abengoa is awarded the first large scale hybrid microgrid with flow batteries in Africa

November 11, 2020

  • Located in South Africa, it will consist of a 3.5 MW photovoltaic plant and an energy storage system using vanadium flow batteries.

November 11, 2020 - Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors, has been selected to construct a hybrid microgrid power plant by the leading vanadium energy storage solutions provider in the African market Bushveld Energy.

Specifically, the company will be responsible for the engineering, supply and construction of a plant integrated by an energy storage system using Vanadium Redox Flow Batteries (VRFB BESS), with a capacity of 1MW / 4MWh, and a 3.5 MW solar photovoltaic plant. This will be located at Vametco Alloys mine, owned by Bushveld Minerals in the North West province of South Africa and will allow it to increase its energy autonomy. The VRFB BESS system will be provided by Enerox Holdings Limited, a Bushveld subsidiary. In addition, the plant will be the first commercial-scale hybrid project with vanadium flow batteries in the continent and the first 'MW scale' hybrid power plant for a mine in South Africa.

The photovoltaic solar plant and the energy storage system will reduce the emissions of more than 114,000 tons of CO2 into the atmosphere over 20 years, supporting decarbonization in the region. The plant will be able to operate independently or jointly, either as standalone systems or as a fully functional microgrid thanks to Abengoa´s proprietary energy management system (Abengoa Energy Management System, AEMS).

This project is part of Bushveld's strategy to develop and promote the role of vanadium in the growing global energy storage market through VRFB BESS, following an overall trend toward long duration storage, as well as to improve the stable power supply on the African continent.

This project is an important milestone for Abengoa, which has installed the world´s largest fleet of thermal energy storage (which exceeds 6,000 MWht), and now is installing the world´s largest hybrid solar plant incorporating vanadium. With such a flagship reference, Abengoa consolidates its global reputation as a one-stop-shop storage provider, with lithium, vanadium and molten salt storage.

This award, Abengoa's fourth project in South Africa using solar plus storage - this time the dispatchable solar solution using PV + VRFB BESS technology in a microgrid - reinforces the company's position as one of the most referenced EPC contractors and integrators in Africa for complex power generation projects with energy storage over the past ten years, having commissioned 250MW with storage, continuing our service of providing dispatchable clean energy to the market with innovative new technologies.

Click here to download in HD.

Render of the microgrid that Abengoa will built in South Africa.

Click here to download in HD.

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


Abengoa SA published this content on 11 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2020 10:04:01 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..
01/21ABENGOA S A : exceeds 85% of Rabigh 3 IWP's construction - the largest reverse o..
01/04ABENGOA S A : The Abengoa group, recognized by Engineering News-Record as a lead..
2020ABENGOA S A : Europe's supply chain finance fix feeds hidden debt fears
2020ABENGOA S A : is awarded the first large scale hybrid microgrid with flow batter..
2020ABENGOA S A : selected to execute a 500-kV line and an electrical substation in ..
2020ABENGOA S A : is awarded the construction of a substation and the sectioning of ..
2020ABENGOA S A : successfully completes a new transmission project in Argentina
2020ABENGOA S A : advances in the construction of the world's largest solar complex ..
2020ABENGOA S A : Shuaibah desalination plant built by Abengoa, awarded at the 2020 ..
More news
Duration : Period :
Abengoa, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
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
FERROVIAL, S.A.-10.71%17 774