Abengoa to build a photovoltaic project for EDP Renováveis in California The project will go into operation this year and will supply enough clean energy to power around 5,000 homes
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been chosen by EDP Renováveis to carry out the engineering, building and implementation of a 30 MW photovoltaic project in California, United States.
Abengoa will build the project in San Bernardino County, California, USA: It will supply enough clean energy to power around 5,000 homes, reducing the energy and fuel consumption as well as the number of carbon emissions to the atmosphere.
According to forecasts by the Solar Industries Energy Association - SEIA, USA will reach 4.4 new gigawatts installed in 2013, being one of the fastest growing markets for this technology worldwide.
Energias de Portugal, S.A. ('EDP'), a vertically-integrated utility company, headquartered in Lisbon, Portugal, is the majority shareholder of EDP Renováveis. EDP Group is Portugal´s largest industrial group and one of Europe´s primary energy companies. Currently, it is the Iberian Peninsula´s third largest energy operator with business interests in generation, distribution and supply of electricity and gas in Portugal and Spain.
These new projects consolidate Abengoa within the solar sector in the USA, where has participated in the construction of Mount Signal, a 265MW photovoltaic plant that Abengoa is constructing for AES Solar in California.
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water.