CNMC has greenlit Rioglass Solar’s planned acquisition of the Spanish subsidiary of Schott Solar CSP GmbH, including a factory in Aznalcollar city, Sevilla province.
As announced in December, Rioglass Solar, which makes HCE receivers and parabolic mirrors for concentrated solar power (CSP) and concentrated photovoltaic (CPV) installations, agreed to buy Schott Solar’s entire receiver business. The transaction concerns assets in both Spain and Germany.
Solar receivers from SCHOTT form the heart of solar
thermal power plants.
Previously, Israeli business newspaper Globes reported that, based on market estimates, the value of the deal could be in the tens of millions of euros.
