As one of the largest ever Concentrator Photovoltaic (CPV) technology installations, SolFocus is rapidly becoming a major player in the CPV market, which has been more about promise than actual implementation. SolFocus is partnering with Dreen Europe and Portuguese utility Águas de Portugal (ADP) for the installation of 8.5MW at its company facilities in Portugal.
ADP has plans to invest over €830 million in renewable energy projects over the next five years. The project deployment is expected to begin in early 2010 for the first 2MW phase with the balance of the project deployed in phases over the next four years.
“ADP is very committed to renewable energy for the country as is evidenced by our significant investment over the upcoming years in many renewable technologies,” explained Antonio Branco board member for ADP. “We believe that investing in new and disruptive technologies such as SolFocus CPV is key to driving the global initiative for higher renewable energy usage.”