ABENGOA SOLAR

Solar Power for a Sustainable World

We develop and apply

solar energy in order to
combat climate change
and assure sustainable
development
 ABENGOA SOLAR Index

1 Abengoa

2 Abengoa Solar Commitment

3 Abengoa Solar Today and Tomorrow

Solar Power for a Sustainable World 2

 ABENGOA SOLAR Index

1 Abengoa

Solar Power for a Sustainable World 3

 ABENGOA SOLAR Overview

Abengoa is a technology company applying innovative

solutions for sustainable development in the infrastructure,
environment and energy sectors.
Mature Founded 1941
Profitable Sales and Gross Cash Flow in 2008 of 3 200 M€ and
545 M€, respectively
Focused Innovative Solutions for long term Sustainability
Global Present in more than 70 countries, 65% of business
outside Spain
Large Over 23,000 employees
Quoted Quoted on the Madrid Stock Exchange (ABG)

Solar Power for a Sustainable World 4

 ABENGOA SOLAR Abengoa

A global company with a worldwide presence

Abengoa operates in more than 70 countries with offices and projects in more than 35 of them thanks to its ability to export
its products and services. This allows it to meet the challenges of its increasingly consolidated presence in the international
and global sustainable development market.

Evolution 1998-2008

(Consolidated Data) 4 Business Units Engineering Company

2008 1998

Geography Sales % Gross Cash Flows (1)% Sales % Gross Cash Flows (1)%
United States 11,2 6,7 - -
Latin America 25,3 33,9 44,6 27,6
Europe (Excluding Spain) 16,1 18,8 3,1 4,2
Africa 10,0 5,3 0,8 1,7
Asia 2,8 0,7 2,7 49,9
Spain 34,6 34,6 48,8 61,6
Consolidated total 100,0 100,0 100,0 100,0

(1) Gross Cash Flows: Earnings before interest, tax, depreciation and amortization, adjusted by the works flows

Solar Power for a Sustainable World 5

 ABENGOA SOLAR Abengoa

Five business groups, one of them is Abengoa Solar

Abengoa Abengoa
Solar Bioenergy Befesa Telvent Abeinsa

Environmental Information Engineering and

Solar energy Bioenergy construction
services technologies

With the sun… we
produce
thermoelectric and
photovoltaic electric
energy
• 43 MWs in operation
• 350 MWs under construction
• Hundreds of MWs under
development
With biomass… we With wastes… we With Information With engineering…
produce ecologic produce new Technology… we we construct and
fuels and animal materials by transform data into operate
feed recycling, and we knowledge, conventional and
also treat and desalt providing effective renewable energy
water to achieve a operational and power plants,
sustainable globe business real–time power transmission
decision making for systems and
traffic, transport, industrial
energy and
infrastructures
environment

Solar Power for a Sustainable World 6

 ABENGOA SOLAR Abengoa

ABENGOA SOLAR
International leader in solar power plants aiming
to develop hundreds of MW on the coming
years.

9 More than 20 years commitment in the solar technology development

9 Two domestic markets (Spain and USA) and expanding towards other markets (i.e. Algeria,
Morocco)
9 Proprietary technology development (Parabolic trough, power tower, thermal storage,
concentrated photovoltaic and other technologies)
9 Our company is composed of the best experts acknowledge internationally, with an
experience and knowledge with no competence.
Our plants:
¾ Solar platform of 300 MWs under construction in Spain (Solúcar Platform )
¾ Two first commercial power towers worldwide in operation (PS10 and PS20)
¾ 3 5O MW trough plants under construction
¾ Largest low concentration photovoltaic plant (Sevilla PV)
¾ First and second worldwide integrated Solar Combined Cycle Plants under construction
in Algeria and Morocco

Solar Power for a Sustainable World 7

 ABENGOA SOLAR Index

2 Abengoa Solar Commitment

Solar Power for a Sustainable World 8

 Abengoa Solar Commitment
ABENGOA SOLAR Our World Today

Scientific claims that climate change is a reality…

Ozone Layer
Acid rain Greenhouse effect
Destruction

Climate Change

Energy
management
Source: Manual on the Kyoto
Protocol ; Raúl I. de Tapia Martín

Solar Power for a Sustainable World 9

 Abengoa Solar Commitment
ABENGOA SOLAR Our World Tomorrow

…in Abengoa we think that it is time to develop and

apply solutions
In the US, The International Energy Agency predicts for 2030…

That 82% of the primary

An augment of 36% in An increase of 34 % on
energy supply will be
CO2 emissions world energy demand
sourced from fossil fuels

It is critical to foster the rational use of energy and the

adoption of renewable energies to reduce climate change and
ensure sustainable development
Reference: IEA

Solar Power for a Sustainable World 10

 Abengoa Solar Commitment
ABENGOA SOLAR The Solution for Power Generation

The energy of the future will be based on the sun…

9 Sustainable development – Clean, low emissions and distribution technology

9 Mature solar technology – This technology has been in use for over 20 years, providing
excellent performance. It has extremely high potential for cost reduction.
9 Still more expensive than fossil but… it will soon be competitor with conventional
(learning curve and CO2 penalties)

9 Substitute for fossil fuels – The solution to economic volatility, drought and carbon
limits
9 Favorable policies – Driven by climate and energy security, either feed-in or percent
targets.
9 Can be managed to meet base and peak demand –
Electricity that is generated during the day can be stored
and is available day and night

Solar Power for a Sustainable World 11

 Abengoa Solar Commitment
ABENGOA SOLAR The Solution to Power Generation

… and its thermal and photovoltaic use

“Covering Abengoa
AbengoaSolar
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becomes“founding
“foundingmember”
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“Coveringjust
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ourhot
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production in the desert regions of NorthernAfrica
in the desert regions of Northern Africa
Kurokawa K. et al.: Energy from the desert: Feasibility of herí
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and the Middle East for both local use and forfor
largó scale photovoltaic power generation (VLS-PV) systems.
largó scale photovoltaic power generation (VLS-PV) systems. exportation
exportationtotoEurope.
Europe.

Develop CSP electricity plants

Concentrating Design
Solar Power Tower Trough ISCC
Build
Technology
Operate Customized industrial installations

Trough

Photovoltaic electricity plants

Develop
Photovoltaic Design Fixed Tracker Concentration
Technology Build
Operate Singular projects, roofs and BIPV
Conventional PV Thin film

Solar Power for a Sustainable World 12

 ABENGOA SOLAR Index

3 Abengoa Solar Today and Tomorrow

Solar Power for a Sustainable World 13

 Abengoa Solar Commitment
ABENGOA SOLAR
Our Rationale

Our Mission Our Vision

Develop and apply solar technologies to fight To become an international reference on
climate change and ensure sustainable sustainable development, with proprietary
development technology competitive to fossil fuel

For a Sustainable World …

We Develop and Apply Solar Energy
Technologies

Solar Power for a Sustainable World 14

 Abengoa Solar Today
ABENGOA SOLAR Abengoa Solar Evolution

After more than 20 years of research … 2007 – 2009

Beginnings
1987: heliostat and facets for
Cesa Tower and facets for
Weizmann institute in Israel
1983: creation of IST in USA.
IST aims to apply trough
technology for industrial
installations
2000-2004
New own heliostat design (Colón
70, Sanlúcar 90 y Sanlúcar 120)
Development of new receiver
concepts (Sirec, Hitrec, Solair)
Concerning trough,R+D projects
as Inditep, Sattub
Creation of Abengoa Solar in USA
Solúcar Platform inauguration (300 MW)
Solnova1, 3 and 4 under construction, (50 MW each trough
plant)
First and second Integrated Solar Combined Cycle in Algeria
and Morocco
Construction of eight Stirling Dishes (own design)
Agreement with Arizona Public Service (APS) to build and operate
what will be the world's largest solar plant, Solana
PS20 starts, second commercial power tower worldwide
We becomes “founding member” of the Desertec Industrial
Initiative

90’s 2005-2006
1993: turn-key project Toledo PV PS10 starts, first commercial power tower worldwide
1994: R+D projects related to central receiver (Solgas, Colon Solar) Sevilla PV inauguration, largest low concentration PV
plant
Between 1995 and 2000: several R+D projects, Theseus,
Eurotrough, Eurodish, DISS Trough demonstration plants
Own trough technology developed by IST Creation of Abengoa Solar New Technologies (R&D)

Solar Power for a Sustainable World 15

 Abengoa Solar Today
ABENGOA SOLAR International Presence

… Abengoa Solar is nowadays an international

company …

Solar Power for a Sustainable World 16

 Abengoa Solar Today
ABENGOA SOLAR The Technology

… dealing with key technologies within the solar field…

Operating principle: generally speaking, CSP technology is based in solar

Concentrating Solar Power radiation concentration to produce steam or hot air which could then be used
in conventional electric plants. Solar energy capture, which has a relatively low
density, is one of the main challenges in the development of solar plants. For
concentration, most concentrating systems use mirrors with high reflectivity

Main components
Oil • Concentrator: different optical elements as mirrors, concentrate the
High solar rays on a point or a line where the receiver is located.
pressure

• Receiver: the receiver collects the concentrated solar rays and transfers
water or air

the energy to a heat transfer fluid.

• Evaporator:In the evaporator the heat transfer fluid heats the water
which becomes steam
• Turbine:the steam moves the turbine which produces electricity as in
conventional methods .

Steam
Receiver
Electricity

Heat Evaporator
transfer fluid
Heat
Water
Concentrators

Solar Power for a Sustainable World 17

 Abengoa Solar Today
ABENGOA SOLAR The Technology

… dealing with key technology within the solar field…

Storage
The most used technologies are the molten salt
storage system and the steam storage system.
Operating principle: two molten salt tanks are used
• System is charged by taking hot HTF from the solar field
and running it through the storage heat exchangers.
Simultaneously, cold molten-salt is taken from the cold
storage tank and run “counter-current” through the heat
exchangers
• When electricity is needed, the system simply operates in
reverse to reheat the solar HTF, which generates steam to
run the power plant.

Hybridization
The most used technology is
ISCC= Integrated Solar Combined Cycle

ISCC= Combined cycle + Solar field

Operating principle: the heat coming from the solar field is used
as extra energy for steam production on the combine cycle. Fuel is
partially substituted by solar energy

Solar Power for a Sustainable World 18

 Abengoa Solar Today
ABENGOA SOLAR The Technology

… dealing with key technologies within the solar field…

Photovoltaic technology

Operating principle: photovoltaic (PV) cells use semiconductors to

produce electricity. The cell absorbs solar radiation, which excites the
electrons inside the cell. A semiconductor must have at least two
electric fields. When an electron excited by solar energy leaves its
electric field, it seeks to return to its original electric field. In order to
do so, it must pass through an external circuit, producing electricity.
This is referred to as the photovoltaic effect. Photoelectric effect sketch
Main components
Concentration optics
•Optics: different optical elements, such as mirrors and Fresnel
lenses, are used to concentrate solar radiation onto a point where a
Direct current Alterning Alterning
PV cell is located. current current
•Photovoltaic Cell: the photovoltaic cell is the semiconductor used
to produce the photovoltaic effect
•Inverter: since the photovoltaic effect produces direct current (DC),
Inverter
an inverter must be used to change it to alternating current (AC)
•Solar Tracker: to enhance the system’s efficiency, the solar tracker Photovoltaic module and tracker Grid
orientates the photovoltaic module towards the Sun
from the sun…to our houses

Solar Power for a Sustainable World 19

 Abengoa Solar Today
ABENGOA SOLAR Our Growth

we develop, build and operate CSP plants

Solúcar Platform

• 300 MW from Concentrated Solar Power

• CO2 emissions reduced by about 185,000 tons of per year
•Will supply about 153,000 households

9 First and second commercial power towers worldwide in operation, PS10

(11 MW) and PS20 (20 MW).
9 3 50 MW CCP plants under construction in Spain.
9 Hundreds of MW in development in Spain, US and other geographies.
9 Two first ISCC plants (Integrated Solar Combined Cycle) one in Algeria
and Morocco.
9 International development.
9 Proprietary technology.

Solar Power for a Sustainable World 20

 Abengoa Solar Today
ABENGOA SOLAR Our Growth

we develop, build, and operate CSP plants…

PS10 Solnova 1, 3
and 4
• Power tower technology
• Trough Technology
• Power: 11 MW
• Power: 50 MWe each
• Heliostat Sanlúcar 120
• ASTRO Collector
• PS20 (20 MW) in
operation

9CO2 emissions reduced by about 6,700 t.

9It will supply 5,500 households.
9624 heliostats of 1,300 ft2 each (120 m2).
9Power tower of 115m. Land requirement of
150 acres (60 ha).
9 It will supply 25,700 households.
9CO2 emissions reduced by about 31,400 t.
9 Proprietary Technology: Solúcar TR
9 Total reflective area 74 acres (300,000 m2).
9 Land requirement of 300 acres (120 ha).

Solar Power for a Sustainable World 21

 Abengoa Solar Today
ABENGOA SOLAR Our Growth

with the sun we produce concentrating solar power

Parabolic Trough Technology

Solana : 280 MWse

9 Own trough technology

9 Will produce electricity for 70,000
households
9 Eliminates 400,000 t of CO2 each year
9 Land requirement: 800 ha
9 Molten-salt storage

Solana

Solar Power for a Sustainable World 22

 Abengoa Solar Today
ABENGOA SOLAR Our Growth

… as well as industrial and commercial installations

Ceiling installation, Texas

• Solar collectors installed in a ceiling

• 420 m2 from proprietary technology RMT
• 210 kWt for hot water and air conditioning

9We apply solar technology to any kind of heat

processes
9Roof and soil installations.
9Millions of kWt installed in the US.
9First projects in Spain.
9Development of proprietary technology.

Solar Power for a Sustainable World 23

 Abengoa Solar Today
ABENGOA SOLAR Our Growth

from photovoltaic technology we build installations and

plants …
Seville PV and Casaquemada
• Sevilla PV: largest low concentration
photovoltaic plant worldwide of 1,2
MW
• Casaquemada PV: 1,9 MW plant

Promotion of hundreds of MWs in different countries.

Operation of various plants employing diverse technologies in Spain

9 Concentrix” high-concentration technology

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 Abengoa Solar Today
ABENGOA SOLAR Our Growth
… as well as photovoltaic roofs, singular projects and
building integrated photovoltaics (BIPV)

9First PV roofs in Spain

9Application of new technologies

Solar Power for a Sustainable World 25

 Abengoa Solar Today
ABENGOA SOLAR Our Growth

big efforts in R&D…

Stirling Dishes Molten salt storage High-temperature power
Disco Stirling towerMolten Salt
Storage

Parabolic trough: operative oil demonstration plant.

Parabolic trough demonstration plant employing water as the solar fluid.
Tower: high-temperature technology demonstration.
Stirling Dishes: demonstration plants.
Storage: operative salt demonstration plant.
Photovoltaic laboratory.
Various photovoltaic concentration plants.
R&D projects in the U.S. In collaboration with the U.S. Department of Energy.
More than 70 people dedicated to R&D in Spain and the U.S.

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 Abengoa Solar Tomorrow
ABENGOA SOLAR

…helping to change the world

Concentrating Solar Power

9 Efficient technologies produce energy that can be
stored Solar Power
9 Competitive in the medium term with fossil fuels
generation when emissions and volatility are Energy can
taken into account
9 Large-scale grid-connected plants in locations
improve our
with a high level of radiation around the world
world using the
Photovoltaic correct
9 Efficient technologies
technology in
9 Small Plants
9 Distributed generation each specific case.

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