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Abengoa

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Abengoa SA
Company typePublic (BMADABG)
IndustryTechnology, engineering
Founded1941
HeadquartersSeville, Spain
Key people
Felipe Benjumea Llorente (Chairman of the board and CEO)
ProductsSolar energy and bioenergy devices, IT, water and waste treatment, construction of telecom networks, power stations, infrastructure
Revenue€3.114 billion (2008)[1]
Increase €296.1 million (2008)[1]
Increase €140.4 million (2008)[1]
Number of employees
23,230 (2008)[1]
Websitewww.abengoa.com

Abengoa (BMADABG) is a Spanish multinational corporation, which includes companies in the domains of energy, telecommunications, transportation, and the environment. On September 15, 2007, The Economist 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.

Green technology

Befesa

Befesa is an Abengoa subsidiary, specialising in the integral management of industrial wastes and the generation and management of water.

Joint Venture with Ebro Puleva

Abengoa has joint venture biofuel plants with Ebro Puleva.[2]

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) by 2015 [3].

Abengoa Solar and E.ON Climate & Renewables have formed a partnership to jointly own and operate two 50MW Concentrating Solar Power (CSP) plants. The plants, which are already under construction, are located in Ecija (Seville), Southern Spain [4].

Competitors

See also

References

  1. ^ a b c d "Annual Report 2008: Legal, Economic and Financial Information" (PDF). Abengoa. Retrieved 2009-04-27.
  2. ^ · · Grupo Ebro Puleva · ·
  3. ^ http://solar.energy-business-review.com/news/abengoa_solar_eon_to_build_two_50mw_solar_plants_in_spain_091126/ Abengoa and E.ON partners
  4. ^ http://www.abengoasolar.com/sites/solar/en/about_us/general/news/archive/2008/20080930_noticias.html
  5. ^ CIE Automotive

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