Matteo Riccieri“Generating power from the renewable solar source will allow
replacing more polluting fossil fuel-fired plants, thereby
contributing to national and EU efforts to use indigenous
renewable energy and to contrast climate change,” the EIB said.
“The project supports Spain’s policy to develop 200 MWe of solar
thermal generation capacity, an objective likely soon to be
significantly increased.”
The project benefits from EU research funds. It incorporates
EU innovative elements on technology developed in the US to
raise energy conversion and operating efficiency and to reduce
costs. The loan is being provided to the special purpose company
AndaSol-1 Central Termosolar Uno, which is owned by ACS (75%)
and Solar Millenium (25%).
13 Mar 2008
