Spain in JV with Spain's Sener for solar project

19 January 2012: Abu Dhabi based Masdar's partnership with Spain's Sener, Torresol Energy plans to invest up to $5bn in the short-term to build concentrated solar power plants (CSP) in Spain, the US and the Middle East. The project aims to add some 6,000 MW of capacity over the next three years, also one of the plants could be built in Abubu Dhabi. Torresol Energy, a 60-40 joint venture between Sener and Abu Dhabi government owned green energy firm Masdar, connected two new 50 MW solar plants in Spain to the grid earlier this month. Abu Dhabi is aiming to get 7 per cent of its electricity from renewables by 2020.

Source: Ameinfo