1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 11
2 Global Solar Thermal Power Market, 2001-13 12
2.1 Global Solar Thermal Power Market, Overview 12
2.2 Global Solar Thermal Power Market Size and Growth, 2001-13 12
2.3 Global Solar Thermal Power Market, By Countries, 2008 14
3 Spain Solar Thermal Power Market, 2007-13 16
3.1 Spain Solar PV Power Market 16
3.1.1 Spain Solar Thermal Power Market, Overview 16
3.1.2 Spain Solar Thermal Power Market, Size and Growth, 2007-13 16
3.1.3 Spain Solar Thermal Power Generation, 2007-13 17
4 Spain Solar Thermal Power Plants 19
4.1 Spain Solar Thermal Power Plants, Active 19
4.2 Spain Solar Thermal Power Plants, Upcoming Plants 19
5 Spain Solar Thermal Power Regulatory Framework 21
5.1 Spain Renewable Energy Regulatory Framework, Overview 21
5.2 Spain Renewable Energy Regulatory Framework, Major Policies 21
5.2.1 Renewable Energy Plan for 2005-10 (PER) 21
5.2.2 Financing for Renewables and Efficiency 22
5.2.3 Modification to the Biomass, Waste and Wind Energy Premiums 22
5.2.4 Modification of Corporate Tax Regulation 22
5.2.5 Special Regime for the Production of Electricity from Renewable Energy Sources (Royal Decree 661/2007) 23
5.3 Spain Thermal Power Regulatory Framework, Overview 24
5.4 Spain Solar Thermal Power Regulatory Framework, Major Policies 24
5.4.1 Feed-in Tariff Law 24
5.4.2 Building Codes for Solar 25
5.4.3 Tax Credit 25
6 Abengoa, S.A.,Company Snapshot 26
6.1 Key Information 26
6.2 Financial Performance 26
6.3 SWOT Snapshot 26
6.4 Business Description 26
6.4.1 Business Overview 26
6.4.2 Bioenergy 27
6.4.3 Environmental Services 29
6.4.4 Industrial Construction and Engineering 30
6.4.5 Information Technologies 31
6.4.6 Solar 33
6.4.7 Major Products and Services 34
6.5 History 36
6.6 Business Strategy 39
6.6.1 Mission Statement 39
6.6.2 Strategy 39
6.6.3 Corporate Social Responsibility 40
6.6.4 Equipment Manufacturing 40
6.6.5 Consulting 41
6.6.6 Project Development 41
6.6.7 Power Generation 42
6.6.8 Distribution 42
6.7 SWOT Analysis 43
6.7.1 Overview 43
6.7.2 Abengoa, S.A. Strengths 43
6.7.3 Abengoa, S.A. Weaknesses 44
6.7.4 Abengoa, S.A. Opportunities 45
6.7.5 Abengoa, S.A. Threats 45
6.8 Competitors 46
6.9 Revenue Analysis 46
6.9.1 Revenue by Segment 46
6.10 Revenue by Geography 47
6.11 Share Holding Structure 47
6.12 Key Employees 48
6.13 Company Statement 48
6.14 Locations and Subsidiaries 49
6.14.1 Head Office 49
6.14.2 Other Locations & Subsidiaries 50
7 Acciona Energia, Company Snapshot 52
7.1 Key Information 52
7.2 Business Description 52
7.2.1 Business Overview 52
7.3 Major Products and Services 54
7.3.1 Overview 54
7.4 History 54
7.5 SWOT Analysis 57
7.5.1 Overview 57
7.5.2 Acciona Energia Strengths 58
7.5.3 Acciona Energia Weaknesses 59
7.5.4 Acciona Energia Opportunities 59
7.5.5 Acciona Energia Threats 61
7.6 Competitors 62
7.7 Key Employees 62
7.8 Company Statement 63
7.9 Locations and Subsidiaries 65
7.9.1 Head Office 65
7.9.2 Other Locations & Subsidiaries 66
8 Abener Energía S.A., Company Overview 68
8.1 Key Information 68
8.2 Major Products and Services’ 68
8.2.1 Overview 68
8.3 Competitors 68
8.4 Key Employees 69
8.5 Locations and Subsidiaries 69
8.5.1 Head Office 69
8.5.2 Other Locations & Subsidiaries 69
9 Actividades de Construccion y Servicios S.A., Company Snapshot 70
9.1 Key Information 70
9.2 Company Overview 70
9.3 Financial Performance 70
9.4 Business Description 70
9.4.1 Business Overview 70
9.5 Major Products and Services 72
9.5.1 Overview 72
9.6 History 73
9.7 SWOT Analysis 73
9.7.1 Overview 73
9.7.2 Actividades de Construccion y Servicios S.A. Strengths 74
9.7.3 Actividades de Construccion y Servicios S.A. Weaknesses 76
9.7.4 Actividades de Construccion y Servicios S.A. Opportunities 76
9.7.5 Actividades de Construccion y Servicios S.A. Threats 77
9.8 Competitors 78
9.9 Key Employees 79
9.10 Key Employee Biographies 79
9.11 Company Statement 80
9.12 Locations and Subsidiaries 81
9.12.1 Head Office 81
9.12.2 Other Locations & Subsidiaries 81
10 Accener S.L., Company Overview 85
10.1 Key Information 85
10.2 Financial Performance 85
10.3 Major Products and Services 85
10.3.1 Overview 85
10.4 Competitors 86
10.5 Locations and Subsidiaries 86
10.5.1 Head Office 86
10.5.2 Other Locations & Subsidiaries 86
11 Biofutur Net , Company Overview 87
11.1 Key Information 87
11.2 Major Products and Services 87
11.2.1 Overview 87
11.3 Competitors 88
11.4 Locations and Subsidiaries 88
11.4.1 Head Office 88
12 ISOFOTON S.A., Company Snapshot 89
12.1 Key Information 89
12.2 Company Overview 89
12.3 Financial Performance 89
12.4 Business Description 89
12.4.1 Business Overview 89
12.4.2 Major Products and Services 91
12.5 History 92
12.6 Competitors 93
12.7 Key Employees 93
12.8 Key Employee Biographies 94
12.9 Company Statement 94
12.10 Locations and Subsidiaries 96
12.10.1 Head Office 96
12.10.2 Other Locations & Subsidiaries 97
13 Solaria Energia y Medio Ambiente S.A., Company Snapshot 98
13.1 Key Information 98
13.2 Company Overview 98
13.3 Financial Performance 98
13.4 Business Description 98
13.4.1 Business Overview 98
13.5 Major Products and Services 99
13.5.1 Overview 99
13.6 History 100
13.7 SWOT Analysis 100
13.7.1 Overview 100
13.7.2 Solaria Energia y Medio Ambiente S.A. Strengths 101
13.7.3 Solaria Energia y Medio Ambiente S.A. Weaknesses 101
13.7.4 Solaria Energia y Medio Ambiente S.A. Opportunities 102
13.7.5 Solaria Energia y Medio Ambiente S.A. Threats 102
13.8 Competitors 103
13.9 Key Employees 103
13.10 Company Statement 104
13.11 Locations and Subsidiaries 105
13.11.1 Head Office 105
14 Solar Jiennense, SL, Company Overview 106
14.1 Key Information 106
14.2 Major Products and Services 106
14.2.1 Overview 106
14.3 Competitors 107
14.4 Key Employees 107
14.5 Locations and Subsidiaries 107
14.5.1 Head Office 107
15 Torresol Energy, Company Overview 108
15.1 Key Information 108
15.2 Major Products and Services 108
15.2.1 Overview 108
15.3 Competitors 108
15.4 Locations and Subsidiaries 108
15.4.1 Head Office 108
16 Financial Deals Landscape 109
16.1 Detailed Deal Summary 109
16.1.1 Rumored Deals 109
16.1.2 Acquisition 110
16.1.3 Partnerships 111
16.1.4 Asset Transactions 113
17 Recent Developments 115
17.1 Operations Updates 115
17.1.1 Apr 09, 2008: Iberdrola Updates on Production Capacity for Q1 2008 115
17.2 Financial Announcements 115
17.2.1 Feb 13, 2009: Iberdrola Reports 2008 Results 115
17.2.2 Oct 23, 2008: Iberdrola Reports Nine Months Ended 2008 Results 116
17.2.3 Jul 23, 2008: Iberdrola Reports 1H 2008 Results 119
17.2.4 Apr 18, 2008: Iberdrola Declares Q1 2008 Results 120
17.3 Strategy and Business Planning 122
17.3.1 Sep 09, 2008: Iberdrola, IBM Opens Technological Innovation Centre In Aldeatejada, Salamanca 122
17.3.2 Jul 14, 2008: Unisolar Signs Agreement with TiNOX to Develop Solar Thermal Plants 123
17.3.3 May 08, 2008: Acciona to Build Two Solar Thermal Power Plants in Cordoba 123
17.4 Other Significant Developments 124
17.4.1 Jan 13, 2009: Iberdrola Reinforces Its Executive Team 124
17.4.2 Dec 08, 2008: Torresol Energy Seeks EUR110 Million Investment from EIB for Thermosolar Gemasolar Spain Project 125
17.4.3 Oct 20, 2008: Abengoa to Invest EUR1 Billion a Year to Build Thermal Solar Energy Plants 125
17.4.4 May 20, 2008: Iberdrola to Propose Moving Its Headquarters to Valencia 125
17.4.5 May 01, 2008: PPM Announces Name Change to IBERDROLA 125
17.4.6 Apr 09, 2008: Iberdrola to Invest EUR8.6 Billion from 2008 To 2010 126
18 Appendix 127
18.1 Methodology 127
18.2 About GlobalData 127
18.3 Contact Us 127
18.4 Disclaimer 127
1.1 List of Tables
Table 1: Global, Cumulative and Annual Solar Thermal Power Installed Capacity, MW, 2001-13 13
Table 2: Global, Cumulative Solar Thermal Power Installed Capacity by Countries, MW, 2008 15
Table 3: Spain, Cumulative and Annual Solar Thermal Power Installed Capacity, MW, 2007-13 17
Table 4: Spain, Solar Thermal Power Generation, GWh, 2007-13 18
Table 5: Spain, Active Solar Thermal Plants, 2008 19
Table 6: Spain, Major Solar Thermal Plants, Under Construction 19
Table 7: Spain, Major Solar Thermal Plants, Planned 20
Table 8: Spain, Feed-in-Tariffs, € / kWh, 2007-08 24
Table 9: Spain, New Feed-in-Tariff, € / kWh, 2009 25
Table 10: Spain, Tax Rebate, By Year 25
Table 11: Abengoa, S.A., Key Facts, 2006 26
Table 12: Abengoa, S.A., SWOT Analysis , 2006 43
Table 13: Abengoa, S.A., Revenue by Segment, Euro Thousand, 2002-2006 47
Table 14: Abengoa, S.A., Revenue by Geography, Euro Thousand, 2002-2006 47
Table 15: Abengoa, S.A., Share Holding Structure 47
Table 16: Abengoa, S.A., Key Employees, 2006 48
Table 17: Abengoa, S.A., Subsidiaries 50
Table 18: Abengoa, S.A., Subsidiaries (Contd) 51
Table 19: Acciona Energia, Key Facts 52
Table 20: Acciona Energia, SWOT Analysis 57
Table 21: Acciona Energia, Key Employees, 62
Table 22: Acciona Energia, Other Locations 66
Table 23: Acciona Energia, Subsidiaries 66
Table 24: Acciona Energia, Subsidiaries (Contd) 67
Table 25: Abener Energía S.A.,Key Facts 68
Table 26: Abener Energía S.A., Key Employees, 69
Table 27: Abener Energía S.A., Subsidiaries 69
Table 28: Actividades de Construccion y Servicios S.A., Key Facts 70
Table 29: Actividades de Construccion y Servicios S.A., SWOT Analysis 74
Table 30: Actividades de Construccion y Servicios S.A., Key Employees, 79
Table 31: Actividades de Construccion y Servicios S.A., Subsidiaries 81
Table 32: Actividades de Construccion y Servicios S.A., Subsidiaries (Contd) 83
Table 33: Actividades de Construccion y Servicios S.A., Subsidiaries (Contd) 84
Table 34: Accener S.L.,Key Facts 85
Table 35: Accener S.L., Other Locations 86
Table 36: Biofutur Net, Key Facts 87
Table 37: ISOFOTON S.A., Key Facts 89
Table 38: ISOFOTON S.A., Key Employees, 93
Table 39: ISOFOTON S.A., Subsidiaries 97
Table 40: Solaria Energia y Medio Ambiente S.A., Key Facts 98
Table 41: Solaria Energia y Medio Ambiente S.A., SWOT Analysis 100
Table 42: Solaria Energia y Medio Ambiente S.A., Key Employees, 103
Table 43: Solar Jiennense, SL, Key Facts, 2006 106
Table 44: Solar Jiennense, SL, Key Employees, 2006 107
Table 45: Torresol Energy Investments, S.A., Key Facts 108
Table 46: Israel Electric to Form a Joint Venture with Solel Solar 109
Table 47: Solar Millennium Acquires 50% Share in Marquesado Solar From NEO Energia 110
Table 48: Iberdrola Renovables and Cajalon to Form Joint Venture 111
Table 49: Sacyr Vallehermoso to Form Joint Venture with Solel 112
Table 50: Solar Millennium Sells Stake in Andasol CSP Projects 113
Table 51: SOLON Sells Solar Power Plants in Spain to Meinl International Power 114
1.2 List of Figures
Figure 1: Global, Cumulative and Annual Solar Thermal Power Installed Capacity, MW, 2001-13 13
Figure 2: Global, Cumulative Solar Thermal Power Installed Capacity By Countries, %, 2008 14
Figure 3: Global, Cumulative Solar Thermal Power Installed Capacity by Countries, MW, 2008 15
Figure 4: Spain, Cumulative and Annual Solar Thermal Power Installed Capacity, MW, 2007-13 17
Figure 5: Spain, Solar Thermal Power Generation, GWh, 2007-13 18
