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Siemens sells CSP assets

Abengoa has bought Siemens' concentrated solar power (CSP) assets through its subsidiary Rioglass Solar.

As reported here, Abengoa will incorporate Siemens’ heat collector elements into its portfolio.

Rioglass Solar, founded in 2007, provides mirrors for CSP plants, either parabolic trough, tower or Fresnel, as well as for concentrated photovoltaic (CPV). The company has two factories, in Spain and Arizona, US.

"This acquisition is an unique opportunity for Rioglass Solar to diversify its portfolio and strengthen its presence in the CSP market with a strong offer,” said Jose Villanueva, CEO of Rioglass Solar. “This step underscores our commitment with this industry. We'll help our customers to face challenges in the new horizon of the renewable energy sector."

 

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Energy storage including Fuel cells  •  Policy, investment and markets  •  Solar electricity

 

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