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THE ECHO - Ferrostaal

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48<br />

Solar Power Group know-how: Fresnel collector with direct vaporisation<br />

Stake in the<br />

Solar Power Group<br />

MAN <strong>Ferrostaal</strong> continues to expand its solar business.<br />

Following the foundation of the joint venture with<br />

Solar Millennium AG, the company has acquired 25 per<br />

cent of the equity shares of the Solar Power Group GmbH<br />

(SPG). The SPG, which specialises in the development of<br />

technology and the engineering of solarthermal power<br />

plants based on Fresnel technology, is the partner for a new<br />

pilot plant in Almería, which was officially presented on<br />

July 9, 2007. Of the four solarthermal technologies available<br />

today, Fresnel technology is the least expensive to<br />

manufacture and, from 2008, is set to be used commercially<br />

in large-scale plants for the first time.<br />

SPG has already constructed and operated two Fresnel test<br />

plants and has advanced the technology greatly in recent<br />

years. Dr. Wolfgang Knothe, Member of the MAN <strong>Ferrostaal</strong><br />

Executive Board and responsible for the company’s plant<br />

construction business, regards the investment as a logical<br />

step for the expansion of this business: “We are acting on<br />

the basis that the solar sector will experience a major boost<br />

to growth in the years to come. We are therefore entering<br />

strategic alliances with technology leaders in the field of<br />

solar energy and, by extension, are positioning ourselves<br />

as a project developer and general contractor for the construction<br />

of solar thermal power plants”. On the basis of<br />

its worldwide organisation and its existing technology<br />

partnerships, MAN <strong>Ferrostaal</strong> is planning to supply such<br />

power plants in southern Europe, the Middle East, Africa,<br />

Asia and America.<br />

Regenerative energies and fuels play a major role in the<br />

corporate strategy of MAN <strong>Ferrostaal</strong>. The company is<br />

among the first globally active plant constructors to develop<br />

and construct power plants for the generation of solar<br />

power and plants for the production of biofuels. As in the<br />

case of other sectors related to plant construction, the<br />

company does not develop the technologies itself, but<br />

works with leading technology partners for the joint realisation<br />

of projects.<br />

<strong>THE</strong> <strong>ECHO</strong> August 2007<br />

The pilot plant is located in Europe‘s sun belt.<br />

49

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