The consortium was awarded Engineering, Procurement and Construction (EPC) contract for the 100 megawatts of power plant in May 2010 .
A consortium comprised of Spanish firms Abener and Teyma has been awarded the contract to construct the Shams 1 concentrated solar plant in the Emirate of Abu Dhabi.
The consortium was awarded Engineering, Procurement and Construction (EPC) contract for the 100 megawatts of power plant in May 2010 following an international tender floated by Masdar. Abener and Teyma jointly execute the project with a 50% stake each in the consortium. The Shams 1 plant will be made up by 768 parabolic trough collectors and 12 modules of mirrors spread over a surface of 300 hectares.
The development society is Shams One Company; composed of MASDAR (60%), Total (20%) y Abengoa Solar (20%). The whole investment amounts to 600 MUSD within a stipulated period of 24 months. During 25 years, Abengoa Solar and Total will be in charge of the Operation and Maintenance. The produced electricity will be sold to the Abu Dhabi Water and Electricity Company (ADWEC) under a long-term power purchase agreement.
The consortium Abener and Teyma represents the emergence of a new leader in engineering and construction of projects for sustainable development. This new consortium is based on the wide experience of Abener and Teyma as EPC constructors of pioneer thermosolar plants and the largest biofuel plants, as well as on the capacity of both companies to undertake the execution of successful projects.
The consortium Abener – Teyma has been set up after the completion of significant projects such as the two world ISCC plants located in North of Africa, and the largest Solar Platform of Europe, which is found in Spain.
Abener and Teyma are subsidiaries of Abeinsa, headquarters of the Engineering and Industrial Construction of the Abengoa business group, a technological company which applies innovative solutions for sustainable development (www.abengoa.es).
For more information
Rocío Castro Moreno
Tel: 0034 679 13 16 19
Source: Abener Abengoa