Concentrated Solar Power SolarReserve and Preneal renounce to the solar thermal plant projected in Alcazar de San Juan

As reported by one of the affected farmers , the company justified this decision that " the ongoing legislative changes by the Central Government in terms of electricity has generated mistrust among banks that would finance the concentrated solar power (CSP) project ", whose performance exceeded 500 million euros.

This was the argument presented by CSP Alcázar, a company owned 50 percent by Preneal Spanish firm dedicated to the development of renewable energy projects, and SolarReserve, American company dedicated to the development of solar energy projects of large scale.

The decision was communicated personally by one of the engineers Preneal on 11 November, during a meeting held in the city of Alcazar de San Juan, in which they said "it was physically impossible to continue with the solar thermal project, " but did not rule , if the situation changed " back to it ".

This concentrated solar power (CSP) project is intended to generate enough clean, reliable energy to power 70,000 homes in the region through technology of SolarReserve solar concentration, an integrated molten salt storage provides flexibility to provide electricity as required.

To run the concentrated solar power (CSP) project , the company signed a purchase option contracts of more than 700 hectares of land (mostly vineyards ) to thirty farmers Alcazar de San Juan and other peoples of the region who have been regularly renewed.

The last contract, six months, ended late last October, although previously the company and the farmers had signed two more for a period of two years each .

Thus, Alcazar Solar Thermal could have the land at the time the works were started, said the sources, who added that farmers received 10 percent of the total amount of the first contract .