Founded in Spain in 1941, Abengoa (MCE: ABG) is an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from the sun, producing biofuels, desalinating sea water and recycling industrial waste. Abengoa Solar, Abengoa’s solar specific company, has been a leader in solar technology, developing innovative and more efficient ways of harnessing renewable solar energy.
Abengoa Solar has become a pioneer in the development, design and operation of commercial concentrating solar power (CSP) and photovoltaic (PV) power plants, supported by the economic and technical foundation built through extensive R&D. The innovative technology used for Abengoa Solar´s own plants or purchased by third parties, can be bought with or without the associated assembly and engineering. Abengoa Solar has hundreds of MW in commercial operation, including the first and second commercial power towers worldwide, four 50-MW parabolic trough plants, an integrated solar combined-cycle (ISCC) plant, and several PV plants. Additionally, it has around 1 GW under construction in Spain, the United States, the United Arab Emirates and Iberoamerica, and thousands of MW in development in different regions around the world.
Masdar is a multifaceted Abu Dhabi company, wholly owned by Mubadala Development Company PJSC, that is advancing the development, commercialization and deployment of renewable energy solutions and clean technologies. The company operates across the renewable and clean technology lifecycle, from research to commercial deployment, with the aim of creating scalable clean energy solutions. Masdar works with global partners and institutions to integrate new research with proven technologies to produce efficient systems and processes that can be replicated globally. Masdar seeks to be a leading renewable energy and clean technology player and to build on Abu Dhabi’s position as an important global energy provider. The company aims to contribute to the UAE’s economic diversification by fostering the development of a knowledge-based clean energy sector in the UAE.
Total is one of the largest integrated oil and gas company in the world. Total began its upstream operations in the Middle East in 1924. Since that time, the company has grown and expanded its operations worldwide. With operations in more than 130 countries, Total engages in all aspects of the petroleum industry- exploration and production of oil and natural gas, refining and marketing, trading, and chemicals. Total’s mission is to meet the world’s changing energy needs while lessening the impact of energy use on climate change. To that end, it aims to offer a diversified energy mix— not just oil and gas, but also alternative energies, with an emphasis on solar energy and biomass.
For over 25 years, specialists at Total and in its subsidiaries have progressed in the solar business, fostering the emergence of a reliable, efficient and cost-effective technology. In June 2011, following a friendly takeover bid, Total acquired a 60% interest in U.S. company SunPower, forming the world’s third-ranked solar energy operator. The agreement is a major milestone in the implementation of Total’s solar strategy. Its partnership with SunPower has given new impetus to its solar expansion.