The consortium was awarded the engineering, procurement and construction (EPC) contract for the 100 MW CSP plant in May 2010 following an international tender floated by Masdar.
The Shams 1 CSP 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%) and Abengoa Solar (20%).
The whole investment amounts to US$600 million within a stipulated period of 24 months.
Abengoa Solar and Total will be in charge of the operation and maintenance for the CSP plant over a 25 year period.
The electricity will be sold to the Abu Dhabi Water and Electricity Company (ADWEC) under a long-term power purchase agreement.
Abener and Teyma are subsidiaries of Abeinsa, headquarters of the Engineering and Industrial Construction of the Abengoa business group.