Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

The Regional Government of Andalusia and Abengoa launch the Soland Center



  The Regional Government of Andalusia and Abengoa launch the Soland Center

-- The Soland Center will house Abengoa's new solar Research, Development and
Innovation (R&D+i) center

PR Newswire

WASHINGTON, July 8, 2013

WASHINGTON, July 8, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company
that applies innovative technology solutions for sustainability in the energy
and environment sectors, and the Innovation and Development Agency of
Andalusia (IDEA), part of the Regional Ministry of Economy, Innovation,
Science and Employment, today opened their new solar Research, Development and
Innovation (R&D+i) center at the Soland Center building in the Soland business
innovation park in Sanlucar la Mayor, Seville. The center was opened by Jose
Antonio Grinan, president of the regional government of Andalusia, and Felipe
Benjumea, chairman of Abengoa, in front of representatives from various
institutions related to and interested in the project. During the ceremony,
Abengoa and IDEA signed an agreement to formalize their collaboration.

Those attending the event were able to visit the center and see the
state-of-the-art facilities in its laboratories as well as the innovative
infrastructures that will be available to researchers to develop solar
technology projects.

This new center will bring together numerous human and material resources from
Abengoa in the area of R&D+i. This is an important investment for developing
sustainable solar products and technology that will help solve today's energy
requirements, as well as being a key piece of infrastructure in Abengoa's
growth and expansion that will accelerate the development and
commercialization of new solar technologies.

Furthermore, this new technology infrastructure offers new capabilities in
solar, optical, chemistry and electronics laboratories, the classification of
materials and reliability, as well as a pilot plant for developing
photovoltaic solar technology. It therefore facilitates the whole process from
the research stage through to operating and commercially maintaining the
technology, including the technological development and validation stages.

The new infrastructures and their strategic location will enable
multidisciplinary teams to work in an integrated way, collating and sharing
useful data and information, and reducing learning and commissioning times of
new solar technologies.

The Soland Center building covers 3,500 square meters over three floors and a
basement. In addition to the new R&D+i center, part of the building's basement
will house the permanent headquarters of the Soland Foundation, the technology
agent for the park, which will include space to offer support to
technology-based companies.

The Soland Center required a total investment of €3.2 million, including
direct incentives and financial support from the Regional Ministry of Economy,
Innovation, Science and Employment through the Fund for Generating Productive
Spaces and the Global Innovation-Technology-Enterprise Subsidy 2007-2013,
co-financed by the European Regional Development Fund (ERDF), both of which
are managed by IDEA.

This agreement between Abengoa and IDEA is driving the development of solar
power and strengthening Andalusia and Abengoa's respective positions in this
sector. This center will further consolidate Abengoa's commitment to R&D, as
well as its position as a world leader in solar technology research.

Soland Enterprise Innovation Park

This park, created as a space for technological excellence to support
companies and institutions in the field of renewable energy, is jointly
promoted by IDEA and Sanlucar la Mayor town council. The park also attracts
private entities through the Soland Foundation, which consists of the
developers of the park itself, IDEA and Sanlucar town council, as well as
organizations such as Red Electrica de Espana, Abengoa, Abengoa Solar, Green
Power, CTAER (Renewable Energy Advanced Technology Center) and Caixabank.

The park also forms part of a "technology opportunity area" covering a total
of 200 hectares defined in the Territorial Zoning Plan of Urban Seville
(POTAUS). The project will create around 2,500 jobs and required public
investment of €20.2 million.

About Abengoa

Abengoa (MCE: ABG.B) applies innovative technology solutions for
sustainability in the energy and environment sectors, generating electricity
from renewable resources, converting biomass into biofuels and producing
drinking water from sea water.

Communication Department:         Investor relations

Patricia Malo de Molina Melendez. Barbara Zubiria Furest.

Tel: +34 954 93 71 11             Tel: +34 954 937 111

E-mail: communication@abengoa.com E-mail: ir@abengoa.com

You can also follow us on:

Twitter: @abengoa_blog
LinkedIn: Abengoa
And on our blog: http://blog.abengoa.es/

SOURCE Abengoa
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement