California, United States [RenewableEnergyWorld.com] SolFocus, in partnership with Dreen Europe, has reached an agreement with Portuguese utility Águas de Portugal (ADP) for the installation of 8.5 megawatts (MW) of its concentrator photovoltaic (CPV) technology at the utility’s facilities.
This project is part of ADP Group’s plan to invest more than €830 million [US $1.2 billion] in renewable energy projects by 2014, with a goal of covering at least 3 percent of its electrical needs. SolFocus partnered with developer Dreen Europe Re-energy on the project.
A test array was installed in 2009 in one of Dreen’s facilities, to allow the utility to gain experience and understanding of the SolFocus CPV technology. Project deployment will begin in early 2010 for the first 2 MW, with the balance of the project deployed in phases over the next four years.
“As global delegates consider climate goals at the upcoming Copenhagen climate discussions, this agreement comes at a critical time for delivering low-cost solar energy to progressive markets like Portugal,” said Mark Crowley, SolFocus’ CEO and president . “The high energy generation capability of the iconic SolFocus CPV systems, which convert sunlight to electricity at over 25 percent efficiency, result in a good solution for ADP today. Now one of the largest CPV projects in Europe, this project puts Portugal on a steep trajectory of driving energy costs down at a very rapid rate.”
To hear more about SolFocus’ technology and the CPV market, watch the video below.