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Puerto Errado 1, located in southern Spain's
Calasparra, was connected to the grid in 2009. With a capacity of 1.4 MW electric it was the first commercial Fresnel power plant in the world. It has a mirror surface of 18,000 m² divided in two collector rows with a length of 800 m each.
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November 2014, Novatec announced to its bondholders that due to financial problems it was seeking a restructuring of its debt. Andreas Wittke (CEO) and Oliver Mundle (CFO) resigned their positions in the same month.
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In April 2013, ABB sold its stake in
Novatec Solar to existing shareholder Transfield Holdings. After the transaction, Transfield owned approximately 85% of Novatec Solar.
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The
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Novatec Solar has realized three projects with its linear
Fresnel technology.
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delivery including manufacture, supply, and assembly of solar fields.
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Please help to demonstrate the notability of the topic by citing
418:"ABB Buys 35% of Germany's Novatec Solar With Option to Buy All"
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Puerto Errado 2 is located next to Puerto Errado 1 in southern
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440:"Solar Millennium ex-boss gets top job at ABB-backed Novatec"
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notability guidelines for companies and organizations
87:. Unsourced material may be challenged and removed.
510:This German corporation or company article is a
461:"Novatec Management Departure, Debt Restructure"
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