Tag Archives: ACS

MHI Vestas To Supply Five V164-9.5 MW Wind Turbines for Kincardine Floating Offshore Wind Farm in Scotland

With a maximum capacity of 50 MW, and MHI Vestas now confirmed, Kincardine looks to set a new standard in floating offshore wind as the industry advances toward utility scale projects. MHI Vestas Offshore Wind confirms a firm order, signed in 2018 with Spanish developer and construction company Cobra Group, part of the ACS Group, … Continue reading MHI Vestas To Supply Five V164-9.5 MW Wind Turbines for Kincardine Floating Offshore Wind Farm in Scotland

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SENER will be involved in the Kincardine offshore floating wind farm that COBRA is currently constructing in Scotland

SENER will be involved in a large floating offshore wind power plant that COBRA is building 15 km offshore from the Scottish coast of Aberdeen. SENER’s work will range from supervising the manufacture of the floating platforms to analyzing the technical feasibility of assembling the wind turbines, as well as providing technical assistance in monitoring … Continue reading SENER will be involved in the Kincardine offshore floating wind farm that COBRA is currently constructing in Scotland

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Saeta Yield agrees to acquire Lestenergia from Grupo ACS for EUR 104 million

Saeta Yield has reached an agreement with ProCME, a Portuguese subsidiary of Grupo ACS, to acquire 100% of Lestenergia, a portfolio of 9 operating wind farms located in Portugal with a total installed capacity of 144MW. The total cash consideration for the acquisition is c. EUR 104 million (representing a total enterprise value of EUR … Continue reading Saeta Yield agrees to acquire Lestenergia from Grupo ACS for EUR 104 million

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ACS wins 1,550 MW capacity at renewable energy auction in Spain

The government’s renewable capacity auction of about 3,000 MW, most of which was for solar power producers, was the second this year and is part of a drive to make sure 20 percent of all energy consumed in Spain by 2020 is from renewable sources.  Spanish construction company ACS has won 1,550 megawatts (MW) of … Continue reading ACS wins 1,550 MW capacity at renewable energy auction in Spain

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Saeta Yield completes the acquisition of the Carapé I and II wind farms in Uruguay

José Luis Martínez Dalmau, Saeta Yield’s Chairman and CEO, signed the acquisition of 100 per cent of Carapé I & II, two wind farms in operation in Uruguay, for a total outlay of approximately $ 65 m. This is Saeta Yield’s first international operation, which diversifies its portfolio and represents a 12% increase of its … Continue reading Saeta Yield completes the acquisition of the Carapé I and II wind farms in Uruguay

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Banco Santander to sell part of Nevada Concentrated Solar Power (CSP) project to canadian pension funds

Banco Santander is seeking regulatory approval to indirectly sell part of its stake in a large Concentrated Solar Power (CSP) project in Nevada to two big Canadian pension funds.    Banco Santander is seeking regulatory approval to indirectly sell part of its stake in a large Concentrated Solar Power (CSP) project in Nevada to two … Continue reading Banco Santander to sell part of Nevada Concentrated Solar Power (CSP) project to canadian pension funds

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Spain’s ACS units win solar power projects in Brazil

ACS said on Monday its Cobra and Lintran divisions had won licenses from the Brazilian government to build and operate nine solar power plants in Sao Paulo, costing a total of 406 million euros ($507 million).     The licenses are part of an alternative energy auction organised by the Brazilian government, it said. ACS … Continue reading Spain’s ACS units win solar power projects in Brazil

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ACS to sell over 1 GW of Concentrated Solar Power, PV and wind power asset

Florentino Perez has tasked Societe Generale and Mediobanca with finding buyers for the company’s concentrated solar power (CSP), photovoltaic (PV) and wind power plants both in Spain and abroad.      Florentino Perez, the president of ACS, has tasked Societe Generale (EPA:GLE) and Mediobanca (BIT:MB) with finding buyers for the company’s concentrated solar power (CSP), … Continue reading ACS to sell over 1 GW of Concentrated Solar Power, PV and wind power asset

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Crescent Dunes Concentrated Solar Power (CSP) Project leads storage revolution for solar energy industry

SolarReserve, a leading worldwide developer of large-scale solar power projects and advanced solar thermal technology, today announced that construction of the 110 megawatt (MW) Crescent Dunes Solar Energy Project located near Tonopah, Nevada, marked another major milestone by entering the plant commissioning phase. Crescent Dunes is the first utility-scale facility in the world to feature … Continue reading Crescent Dunes Concentrated Solar Power (CSP) Project leads storage revolution for solar energy industry

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Abengoa and Cobra (ACS) was awarded two Concentrated Solar Power (CSP) plants in South Africa

This Concentrating Solar Power (CSP) is located 35 kilometers east of the town of Upington in the Northern Cape region. ACS, through its subsidiary Cobra, has been selected by the consortium Ilangalethu for construction, operation and maintenance of a Concentrating Solar Power (CSP) plant in South Africa that will be executed under a turnkey contract … Continue reading Abengoa and Cobra (ACS) was awarded two Concentrated Solar Power (CSP) plants in South Africa

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Wind energy in Peru: First wind turbine order for Siemens

Siemens has received its first order for wind turbines for installation in Peru, with the manufacturer set to deliver 32 MW to Spanish wind farm developer Cobra Energia. In Peru, near the city of San Juan de Marcona, a new onshore wind power plant is expected to go online in March 2014. Siemens has recently … Continue reading Wind energy in Peru: First wind turbine order for Siemens

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GE to buy two Concentrating Solar Power (CSP) plants in Spain to ACS despite regulatory framework

ACS is taking steps to reduce its massive debt. The company chaired by Florentino Perez has reached an agreement with General Electric to acquire two U.S. giant solar thermal Castilla-La Mancha in which the builder has invested 500 million. However, the purchase price had to be adjusted downward after the last spear of the Minister … Continue reading GE to buy two Concentrating Solar Power (CSP) plants in Spain to ACS despite regulatory framework

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Wind energy in Australia: ACS compete for a wind farm of 157 wind turbines

ACS has submitted bids for the Stockyard Hill wind farm with an installed capacity of 500 MW and with an investment of 825 million euros. ACS would install wind turbines of REpower, German wind company controlled by Suzlon, the largest wind turbine manufacturer in India. ACS competes with Vestas and General Electric. The wind power … Continue reading Wind energy in Australia: ACS compete for a wind farm of 157 wind turbines

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