Abengoa Solar, through a contract totalling US$10.6 million with the US Department of Energy (DOE), will launch a research project to develop a new solar power tower technology with innovative fluids featuring a receiver and storage system to enable electricity production even when solar energy is not available.
|Three power tower plants under operation at the Solúcar Platform (Seville, Spain). Click to enlarge.|
The solar power tower system will be made up of a circular field of heliostats that will reflect solar radiation onto a central receiver where the heat will be concentrated. A portion of this heat will be used directly to generate steam, producing electricity inside the turbine, while the other portion will be stored to be utilized for producing electricity whenever it is needed.
This new award brings to a total of six the number of R&D agreements between Abengoa Solar Inc. and the DOE. Abengoa Solar’s R&D program is focused on enhancing solar energy efficiency and lowering costs through the use of new solar power technologies.
Abengoa Solar focuses on developing and applying innovative solutions to generate power and energy from the sun. Abengoa is a technology company servicing the infrastructure, environmental, and energy sectors. Abengoa is listed on the Spanish Stock Exchange and is present in more than seventy countries, where the company operates through its five Business Units: Solar, Bioenergy, Environmental Services, Information Technologies, and Industrial Engineering and Construction.