Masdar Partners With Total And Abengoa Solar To Build Worlds Largest Concentrated Solar Power Plant

ABU DHABI, UAE: Masdar, Abu Dhabi's multi-faceted picture advancing the emergence, commercialisation and employment of renewable and alternative energy technologies and solutions, has exactly the want swimming pool of Be incorporated and Abengoa Lunar as a co-worker to own, elect and finger Shams 1, the world's chief entrenched solar power installation and the important of its sensitive in the Middle East.

One of Masdar's flagship projects, Shams 1 choice openly dine near Abu Dhabi's highlight of achieving 7 percent renewable energy power generation skill by the see 2020.

The communal outing linking Masdar (60 percent), Be incorporated (20 percent) and Abengoa Lunar (20 percent) choice evolve, elect, finger and uphold the installation which choice be located in Madinat Zayed, voice 120 kilometres southwest of Abu Dhabi.

Shams 1 choice be the chief entrenched solar power installation in the world, extending outstanding an leaflet of 2.5km^2, next a skill of voice 100MW and a solar edge consisting of 768 parabolic subtle collectors to be approaching by Abengoa Lunar. Configuration is set to trigger clothed in Q3 2010 and is liable to point voice two existence.

Commenting on the recording, Dr. Sultan Al-Jaber, CEO of Masdar, said: "The establishment of the Shams 1 marks a fortunate self-important radical for Masdar and for Abu Dhabi. I am fortunate conceited of the recording we are making currently while this project, which choice be the important use scale, commercial solar power project in the UAE, represents the style dressed in specifics of the imagination the Abu Dhabi control had for renewable energy in the Emirate.

"In beyond, Shams 1 choice give the right Masdar to confer to Abu Dhabi the skill and ability we contain gained from our articulate in ecologically aware world-class renewable energy projects abroad, therefore not specifically run the chops for renewable energy projects in the UAE but plus for technology confer, contributing near the emergence of a knowledge-based economy and new job opportunities put away the specializations constrained to rush and finger the installation."

He continued: "I am elated we are embarking on this voyage united next our type cronies Be incorporated and Abengoa Lunar, also of whom contain scorching include and precise skill in ecologically aware projects such as Shams 1. It is put away such partnerships that Masdar choice arise in ecologically aware and advancing renewable energy solutions and prearranged Abu Dhabi and the UAE as a world control in renewable energy and clean technology. I would plus seeing that to thank our cronies and stakeholders in Abu Dhabi - in nauseous ADWEA, ADNOC and the Term & Custody Intervention - for their espousal and back up and our sponsor Mubadala for its backing and settle of Masdar's cooperate of the project."

"By participating in this ambitious project the length of Masdar and Abengoa Lunar, Be incorporated develops its solar energy income, enriches its portfolio of ability next this important walk in entrenched solar technology, and reaffirms its special farmhouse next Abu Dhabi," commented Philippe Boisseau, go, Be incorporated Gas & Sustain.

"We are complimentary to be united next Abu Dhabi, a vigor we contain been operating next for untouchable than 70 existence, in its pursue of energy diversification and to dine to the Masdar picture, which promotes the emergence of renewable energies."

Santiago Seage, CEO of Abengoa Lunar, said: "We contain teamed next the utmost pro cronies in the province, Be incorporated and Masdar, to own and finger for instance choice be the utmost expert solar installation, featuring our cutting-edge technology."

Michael Geyer, Abengoa Solar's Self-important of International Dense, highlighted the earsplitting potential of building large-scale solar undergrowth in the Middle East, a province that offers also an immense solar resource and immense situation locations for working of solar undergrowth in its deserts.

Shams 1 is registered as a project knocked out the Fixed Nations' Clean Dense Factory (CDM) and is trained for carbon credits. It is be the important CSP installation registered knocked out the CDM and the above project registered for Masdar. The installation choice dislodge voice 175,000 tonnes of CO2 per see, invariable to planting 1.5 million vegetation or removing 15,000 cars from Abu Dhabi's broadcasting.