INITEC Energía signs the designing of various plants for LANCO Solar, the leading private energy operator in India, with a total capacity of 200 MW and becomes its strategic partner for new CSP projects.
INITEC Energía (ACS Group) signs up an agreement with LANCO Solar, the leading private energy operator in India, for the construction of 200 MW of thermosolar energy in this country through parabolic cylinder collector technology. This project puts INITEC Energía as a leading company in power engineering developed in the thermosolar Indian market, a country that has a National Solar Plan that foresees the installation of 20.000 MW in the next 10 years and in which INITEC Energía will actively participate.
The agreement between INITEC Energía and LANCO Solar establishes that the Spanish company will execute the conceptual designing, basic and detailed engineering of the plants and will support the Indian company in the construction and start up. The technology selected is of parabolic cylinder sensor with a thermal storage of molten salt, method that INITEC Energía has already started up in two plants in Castilla La Mancha (Manchasol 1 and 2). On their side LANCO Solar makes the commitment to carry out the construction of the plant and the materials supply. The agreement signed now includes the will of both companies to become strategic partners and jointly participate in the important development plan of this technology in India.
The CSP plants, located in the region of Rajasthan, northwest of India will produce energy to provide consumption for 56.000 homes and will avoid in comparison with a gas plant the emission of 380.000 tons of CO2 to the atmosphere. One of these plants will remain as property of Lanco itself and the other one will be build up as a “turnkey project” for KVK company.
India has very strongly decided for this clean technology with the Jawaharlal Nehru National Solar program –JNNSN- and pretends to make the country worldwide leader in thermosolar production. The program has three stages: a first phase between 2012 y 2013 with the installation of a 1000 MW power, the second from 2013 to 2017 in which 10.000 MW will be reached and the third phase from 2017 to 2022 date in which 20.000MW are scheduled to be generated. Spain is currently positioned as the major producer for this kind of energy with 11 operating plants at the moment and a forecast of 2.500 MW total production by end of 2013.
INITEC Energía has a total headcount of 300 employees and a turnover for 2010 of more than 181 million Euros. Traditionally focused in engineering and execution of EPC projects in combined cycle plants, INITEC Energía has committed to the development of thermosolar energy as the main one for the future of the renewable energy sector. The company creates in 2008 the Renewable Energy Area directed since then by Daniel Blanco, includes not only the execution of projects but also the detection of new markets and centralizes R&D activities in search for improvements that give a definitive backing to this alternative energy.
ACS, group of which INITEC Energía is a part of, is the promoter of 9 of the 16 thermosolar plants constructed in Spain. The direct implementation of EPC project –“turnkey project”- in joint venture with Cobra (ACS group) of two plants in Alcázar de San Juan with a thermal storage of salts that allows an autonomy of 7,5 hours and a power of 50MW each, together with the provision of production data of the generated plants by the Group have allowed INITEC Energía to create a program to be able to calculate the production (PLATER) from which reliable estimations can be obtained on possible production on weather analysis, compulsory to be able to carry out the construction of a plant of this requirements and that has been determinant for its agreement with LANCO Solar.
INITEC Energía began its activity in solar technology in the 80´s by conducting basic and detailed engineering, erection and supervision of construction, organization of the trial phase, operation, monitoring and control of results on experimental operations of plant Cesa-1 for PSA and Ciemat. During the following years made various feasibility plans and property engineering for its clients in the energy market.
INITEC Energía participates in various international organizations for CSP energy development: is part of drafting groups of AENOR on specific regulations for production of thermosolar energy, collaborates in the development for specifications of test operations with ASME through guide PTC-52 as well as cooperates with the international network SolarPACES to establish the prediction requirements through the drafting of the guide “Modelos de predicción de producción solar” “Models for predicting solar production”.