Abengoa to build a photovoltaic project for EDP Renovaveis in California - The project will go into operation this year and will supply enough clean energy to power around 5,000 homes.
WASHINGTON, Feb. 24, 2014 /PRNewswire/ -- 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 Renovaveis to carry out the engineering, building and implementation of a 30 Megawatt (MW) photovoltaic project in California.
Abengoa will build the project in San Bernardino County, California. It will supply enough clean energy to power around 5,000 homes, reducing energy and fuel consumption as well as carbon emissions to the atmosphere.
Energias de Portugal, S.A. ("EDP"), a vertically-integrated utility company, headquartered in Lisbon, Portugal, is the majority shareholder of EDP Renovaveis. 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.
This new project consolidates Abengoa within the solar sector in the USA. Currently the company is participating 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.. (www.abengoa.com)
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