Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

E.ON forms solar partnership in Spain

|
|
 
  
Published: Nov. 25, 2009 at 11:12 AM

MADRID, Nov. 25 (UPI) -- Solar power forms the pillar of renewable energy strategies, Germany utility E.ON said as it enters into a partnership for solar energy in southern Spain.

E.ON Climate & Renewables announced a partnership with Spain's Abengoa Solar to run two 50-megawatt solar power plants in southern Spain.

E.ON said both solar plants would remove more than 60,000 tons of carbon emissions from the atmosphere while providing enough energy to satisfy the needs of 52,000 homes.

The German utility said it plans to invest close to $12 billion in renewable energy projects during the next few years.

"Solar Power will be the next strong pillar in E.ON's renewables portfolio," said Frank Mastiaux, the chief executive of E.ON Climate & Renewables.

E.ON said it has more than 2.8 gigawatts of renewable capacity in its current portfolio. Its joint partnership with Abengoa envisions an $823 million investment in the Spanish solar plants.

Operation for the solar facilities is planned for as early as 2011.

© 2009 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
The making of the Oscars The Chicago Auto Show Mercedes-Benz fashion week In New York
Tu Bishvat Migron settlement The Tibetan Moniam Festival in China The White House Science Fair
Additional Special Reports Stories
1 of 21
President Obama Signs Smuggling Prevention Act at White House
View Caption
fark
You're a female air traveler and there's no female TSA agent to screen you? No problem, there's...
Despite their efforts to convince you otherwise, many "foodies" can't, in a blind taste test, tell...
Photoshop this urban underground dweller
Kim Jong Un Dead. I repeat - Un Dead
Nothing is more romantic on Valentine's Day than taking your lover on a tour of New York's sewers...
Man arrested for writing 'bomb' on some toilet paper. "His family says the word 'bomb' is often...