Israeli outfit Solel Solar Systems has won a contract to supply Ibereólica Solar of Madrid, a leading Spanish parabolic trough solar thermal plant developer, with more than 190,000 of its UVAC 2008 receiver systems in a deal worth $250m.
The receivers will power eight 50MW solar power plants Ibereolica is developing in southern Spain. Delivery of the receivers to Ibereolica will commence in 2009.
This is Solel's second large contract for solar receivers this month. Two weeks ago, the company inked a deal with a Spanish consortium, whose name was not released, for approximately 70,000 of the receivers.
Solel also recently announced its plans to construct a manufacturing facility in Andalusia to build solar components.
Ibereólica Solar is a leading Spanish parabolic trough thermosolar power plant developer. Currently, it is developing 1000MW of thermosolar plants in Spain in the Autonomous Regions of Extremadura, Andalucia, Castilla_La Mancha and Castilla y León.
Ibereolica aims to complete the construction of its first eight thermosolar power plants (400 MW) by mid 2011.