Abengoa S.A., a Spanish-based $3 billion diversified energy company, has created Solucar Power, Inc., a new U.S. subsidiary that will handle market development in solar energy. Solucar Power will respond to utility requests for electricity using concentrating solar power (CSP) technologies.

"It seems clear that CSP is now poised to grow rapidly in the southwestern states due to the growing need for power from clean energy source." -- Dr. Fred Morse, Abengoa, Senior Advisor for U.S. activities in concentrating solar power (CSP)