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The joint venture between Masdar (60%), Total (20%) and Abengoa Solar (20%) will develop, build, operate and maintain the plant which will be located in Madinat Zayed, approximately 120 kilometres southwest of Abu Dhabi in the United Arab Emirates (UAE).

Shams 1 will be the largest concentrated solar power plant in the world, extending over an area of 2.5 km², with a capacity of approximately 100 MW and a solar field consisting of 768 parabolic trough collectors to be supplied by Abengoa. Construction is set to begin during Q3 and is expected to take approximately two years.

Commenting on the announcement, Dr. Sultan Al-Jaber, CEO of Masdar, said: “The launch of the Shams 1 marks a very important milestone for Masdar and for Abu Dhabi. I am very proud of the announcement we are making today because this project, which will be the first utility scale, commercial solar power project in the UAE, represents the translation into reality of the vision the Abu Dhabi leadership had for renewable energy in the Emirate. In addition, Shams 1 will allow Masdar to transfer to Abu Dhabi the know-how and expertise we have gained from our involvement in developing world-class renewable energy projects abroad, thus not only opening the door for renewable energy projects in the UAE but also for technology transfer, contributing toward the development of a knowledge-based economy and new job opportunities through the specializations required to manage and operate the plant.”

“I am delighted we are embarking on this journey together with our strategic partners Total and Abengoa Solar, both of whom have tremendous experience and technical know-how in developing projects such as Shams 1. It is through such partnerships that Masdar will succeed in developing and advancing renewable energy solutions and establish Abu Dhabi and the UAE as a world leader in renewable energy and clean technolog. I would also like to thank our partners and stakeholders in Abu Dhabi – in particular ADWEA, ADNOC and the Regulation & Surpervision Bureau – for their collaboration and support and our shareholder Mubadala for its backing and guarantee of Masdar’s share of the project ,” Al-Jaber continued.

“By participating in this ambitious project alongside Abengoa Solar and Masdar, Total develops its solar energy assets, enriches its portfolio of expertise with this first step in concentrated solar technology, and reaffirms its unique partnership with Abu Dhabi,” commented Philippe Boisseau, President, Total Gas & Power. “We are pleased to be partnered with Abu Dhabi, a country we have been working with for more than 70 years, in its pursuit of energy diversification and to contribute to the Masdar initiative, which promotes the development of renewable energies.”

Santiago Seage, CEO of Abengoa Solar, also expressed his satisfaction: “We have teamed with the most qualified partners in the region, Total and Masdar, to own and operate what will be the most advanced solar plant, featuring our cutting-edge technology.” In turn, Michael Geyer, Abengoa Solar’s Director of International Development, highlighted the immense potential of building large-scale solar plants in the Middle East, a region that offers both an unlimited solar resource and infinite site locations for implementation of solar plants in its deserts.

Shams 1 is registered as a project under the United Nations’ Clean Development Mechanism (CDM) and is eligible for carbon credits. It is be the first CSP plant registered under the CDM and the second project registered for Masdar. The plant will displace approximately 175,000 tonnes of CO2 per year, equivalent to planting 1.5 million trees or removing 15,000 cars from Abu Dhabi’s roads.