Mitsui takes Guzman PV stake

摘要

Mitsui Renewable Energy Europe has taken a 30% stake in Guzman Energia, the FCC Energia project company building a 50-MW concentrating solar power project in Palma del Rio, Cordoba, the Japanese subsidiary said November 8.rnConstruction of the €260 million parabolic trough plant began in July this year and is due to start commercial operation in December 2012. Mitsui and FCC are to negotiate with banks to raise funds through a project finance loan, Mitsui said.rnParabolic trough systems track and concentrate sunlight on pipes positioned along the focal line of parabolic-shaped mirrors.