Iberdrola Ingenieria to Build Solar Energy Plant in Ecija
Posted on: Monday, 28 April 2008, 09:00 CDT
Iberdrola Ingenieria has won a E15 million contract to build a 2.3MW solar photovoltaic energy plant in Ecija, in the Spanish province of Seville.
The project was put to tender by the Marin Group, and Iberdrola's plant engineering unit won the bidding. The plant will consist of 25 photovoltaic panels mounted on fixed structures, and will employ two new photovoltaic technologies.
The new contract further strengthens the position of Iberdrola Ingenieria in the clean energy field. In 2007, it won contracts from non-Iberdrola clients worth a total of some E223.5 million. This business area, along with electricity grids and conventional power stations, is a pillar of the firm's 2008-2010 growth strategy.
The Ecija project also marks new progress in the company's efforts to increase its revenues from clients outside its parent Iberdrola utility group. By 2010 it expects to derive some 76% of its sales income from outside clients, which would more than double the proportion recorded in 2006.
Source: Datamonitor
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