Abengoa
Encyclopedia
Abengoa is a Spanish
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 multinational corporation
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...

, which includes companies
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...

 in the domains of energy
Energy
In physics, energy is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems...

, telecommunications, transportation, and the environment
Natural environment
The natural environment encompasses all living and non-living things occurring naturally on Earth or some region thereof. It is an environment that encompasses the interaction of all living species....

. On September 15, 2007, The Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...

 reported that Abengoa is looking to enter the concentrating solar power market in the United States.

The company was founded by Javier Benjumea, and is based in Seville, Spain.

In 2010, the number of employees was approximately 26,500 spread over nearly 600 subsidiary companies.

Befesa

Befesa is an Abengoa subsidiary, specialising in the integral management of
industrial waste
Industrial waste
Industrial waste is a type of waste produced by industrial activity, such as that of factories, mills and mines. It has existed since the outset of the industrial revolution....

s and the generation and management of water.

Joint Venture with Ebro Puleva

Abengoa has joint venture biofuel
Biofuel
Biofuel is a type of fuel whose energy is derived from biological carbon fixation. Biofuels include fuels derived from biomass conversion, as well as solid biomass, liquid fuels and various biogases...

 plants with Ebro Puleva
Ebro Puleva
Ebro Foods S.A. is the leading company in the Spanish food processing sector. Ebro Foods is the world's largest traders/miller of rice and the second biggest producer of pasta ....

.

Abengoa Solar

Abengoa began its involvement in the development of solar technologies in 1984 with the construction of the Solar Almeria Platform in Spain.

Abengoa Solar has announced the award of two R&D projects in the field of Concentrating Solar Power (CSP) by the US Department of Energy that total over $14 million. The goal of the DOE R&D program, working in collaboration with partners such as Abengoa Solar, is to develop C.S.P. technologies that are competitive with conventional energy sources (grid parity
Grid parity
Grid parity is the point at which alternative means of generating electricity is at least as cheap as grid power.For solar energy, it is achieved first in areas with abundant sun and high costs for electricity such as in California, Hawaii, Spain and Japan. Many solar power advocates predict that...

) by 2015 .

On July 3, 2010, US President Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...

 announced that the US Department of Energy had conditionally committed to offering a $1.45 billion loan guarantee to support construction by Abengoa Solar of the Solana Generating Station
Solana Generating Station
The Solana Generating Station is a solar power plant which is under construction near Gila Bend, Arizona, about southwest of Phoenix. It is being built by the Spanish company Abengoa Solar, and will have a total capacity of 280 megawatts , which is enough to power 70,000 homes while...

, in Arizona.

Competitors

  • CIE automotive´s subsidiary Bionor (biodiesel)
  • Ence
    Instituto Nacional de Industria
    'Instituto Nacional de Industria' , literally National Institute of Industry, was a Spanish state-owned financing and industrial holding company, currently succeeded by the Sociedad Estatal de Participaciones Industriales' .-History:...

  • MAN Ferrostaal
    MAN Ferrostaal
    Ferrostaal is a provider of industrial services. With 4,400 employees and an annual turnover of euro 1.6 billion euro , Ferrostaal serves customers in more than 60 countries worldwide. Ferrostaal provides industrial services in two areas: Projects and Services...


See also

  • Concentrating solar power
  • PS10 solar power tower
    PS10 solar power tower
    The PS10 Solar Power Plant , is Europe's first commercial concentrating solar power tower operating near Seville, in Andalucia, Spain. The 11 megawatt solar power tower produces electricity with 624 large movable mirrors called heliostats...

  • PS20 solar power tower
    PS20 solar power tower
    The Planta Solar 20 solar power plant is a solar thermal energy plant in Sanlucar la Mayor near Seville in Andalusia, Spain. It is the world's most powerful solar power tower. The 20 megawatt solar power tower produces electricity with large movable mirrors called heliostats.Construction of...

  • Renewable energy companies on the stock exchange
  • Solana solar power plant
  • Telvent
    Telvent
    Telvent is an information technology and industrial automation company specializing in SCADA, GIS and related IT systems for pipeline, energy utility, traffic, agriculture and environmental monitoring industries. Their customer base is worldwide, but concentrated in Spain and North America...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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