-Telvent gets deal for two Abengoa solar thermal projects

Internet Business News
06-08-2011
-Telvent gets deal for two Abengoa solar thermal projects

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

8 June 2011 - IT solutions company Telvent (NASDAQ:TLVT) has won two contracts to install and manage the distributed control system (DCS) for two solar thermal facilities in Spain owned by local engineering company Abengoa (MCE:ABG).
The company said on Tuesday that these two contracts will bring to 15 the number of Abengoa installations with integrated control systems developed by Telvent.

The two parabolic trough projects, located in the western autonomous community of Extremadura, each have the capacity to generate 50 MWe. Telvent's technology will allow the plant operators to control and monitor all processes within the installations. Through it they can also change the position of the solar power trough collectors so as to follow the sun throughout the day.

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