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Abengoa to build largest solar plant

Published February 21, 2008 at 8:52 a.m.
Updated February 21, 2008 at 9:13 a.m.

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Abengoa Solar, a subsidiary of a multibillion-dollar international technology company, has signed a contract with Arizona Public Service Co. to build, own and operate what would be the largest solar power plant in the world if operating today.

The plant, scheduled to go into operation by 2011, is 70 miles southwest of Phoenix, near Gila Bend, Ariz. It will sell the electricity produced to APS over the next 30 years for a total of about $4 billion.

"APS has signed this agreement with Abengoa Solar because of its experience developing and building large solar plants in Spain, Morocco and Algeria," said Don Brandt, president of APS.

Santiago Seage, CEO of Abengoa Solar, said, "This project will help usher in a new era of large, clean and efficient solar power plants."

Abengoa Solar's U.S. headquarters is in Lakewood.