ABENGOA SOLAR

Solar Power for a Sustainable World

Arizona
Energy
Conference
Update:
Solana Project

27 January, 2010
Phoenix, Arizona
 ABENGOA SOLAR Index

1 A Little About Abengoa Solar

2 Project Overview: Facts & Figures

3 Solana Project Status

4 Project Benefits

5 Future Projects: Barriers and Opportunities

Solar Power for a Sustainable World 2

 ABENGOA SOLAR About Abengoa

Abengoa is a technology and project development

company applying innovative solutions for
sustainable development in infrastructure,
environment and energy sectors.

Mature Founded 1941

Profitable Sales in 2008 of $5 billion US
Focused Innovative Solutions for long term Sustainability
Global Present in more than 70 countries, 64% of
business outside Spain
Large Over 23,000 employees
Public Quoted on the Madrid Stock Exchange (ABG)

Solar Power for a Sustainable World 3

 PS 10, PS 20
ABENGOA SOLAR and the Superheated Test Tower

Solar Power for a Sustainable World Confidential 4

 ABENGOA SOLAR Solnova 1 and 3 as of December 2009

Solar Power for a Sustainable World Confidential 5

 ABENGOA SOLAR Broad Support for Solana

“You can create jobs, you can put Arizona at

the forefront of new technology that can be
sold around the world and you can help the
environment at the same time.”
-Governor Janet Napolitano

Solar Power for a Sustainable World 6

 ABENGOA SOLAR Where: Solana Site & Location

Site Location:
The Solana site is
located west of
Gila Bend, AZ,
approximately Gila Bend
•
~70 miles Solana Site

southwest of
Phoenix. The site
is owned by
Abengoa Solar’s
Subsidiary Map Extent
Arizona Solar
One, LLC.
Solar Power for a Sustainable World 7
 ABENGOA SOLAR What: Plant Components

Project Facts
• 280 MW gross output with
conventional steam turbines
• “Solar Field” will cover 1,920 acres (3
square miles) and contain ~ 3,200
trough collectors
• Collectors are ~ 18 feet wide, over 400
feet long, and roughly 19 feet in height
• Plant water consumption approximately
eight times less than current agricultural
use
• Thermal storage tanks allow electricity
to be produced on cloudy days or
several hours after sunset

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 ABENGOA SOLAR Solana Overview

Constructing
Solana will
require over
80,000 tons of
steel – enough to
build a second
Golden Gate
Bridge.

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 ABENGOA SOLAR Interconnection

Solar Power for a Sustainable World 10

 ABENGOA SOLAR Project Status

Project Completion Status

Phase 0: Phase 1: Phase 2: Phase 3: Phase 4: Phase 5: Phase 6:
Scope Preliminary Detailed
Construction/
Project Definition & Engineering Engineering Project Project
Final Design
Initiation Conceptual Construction & Site Start-Up Close-Out
Engineering
Development Planning Initiation

February 2008 January 2010 COD 2013

• Contract award • Conceptual, preliminary, • Commissioning, testing

and detailed engineering and start-up
• Program set-up
• Financing • Systems coordination
• Project controls initiated
• Permitting • Project completion
• Technical studies reports
• Interconnection
• Permitting start • Commercial operation
• Site preparation
• Reporting frameworks • Ongoing compliance
• Procurement
• Construction

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 ABENGOA SOLAR Permitting Status January 2010

2007 2008 2009 2010

10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7

Environmental

Plan of Service (90 Day)

Environmental Certificate

Air Quality Permit

Aquifer Protection

Annual Ten Year Plan

Class III Archaeology

Land Use

County Plan Amendment

Special Use (Zoning) Permit

Construction Permits

Encroachment Permit

Class C Permit

Temporary Construction

Excavation Grading

Temporary Power

Building Permits

Permit to Drill

Cultural Resources Clearance

AZPDES

Key: Complete Not Complete

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 ABENGOA SOLAR Project Benefits: Dispatchability

Solar Plant With Storage vs. Utility System Load

July
1.8 900
1.6 800

Solar Resource (W/m2)

1.4 700
Utility Load, Trough

1.2 600
Plant Output

1.0 500
0.8 400
0.6 300
0.4 200
0.2 100
0.0 0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Hour E nding
Relative Value of Generation Trough Plant w/6hrs TES Solar Radiation

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 ABENGOA SOLAR Project Benefits: Dispatchability

Solar Plant With Storage vs. Utility System Load

January
1.6 800

1.4 700

Solar Resource (W/m2)

1.2 600
Utility Load, Trough

1.0 500
Plant Output

0.8 400

0.6 300

0.4 200

0.2 100

0.0 0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Hour E nding

Relative Value of Generation Trough Plant w/6hrs TES Solar Radiation

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 ABENGOA SOLAR Project Benefits: Environmental

Environmental Benefits
Annual Emissions Abated:
• Over 475,000 tons carbon
dioxide
• 1,065 tons of nitrogen
oxides
• 520 tons of sulfur dioxide

This
Thisisisthe
theequivalent
equivalenttotoremoving
removing
almost
almost80,000
80,000cars
carsfrom
fromthetheroad
roadeach
each
year,
year, or half the vehicles that travelon
or half the vehicles that travel on
the Valley’s US Highway 60 every
the Valley’s US Highway 60 every
day.
day.

Solar Power for a Sustainable World 15

 ABENGOA SOLAR Solana Generating Facility

Procurement: Equipment Supply Origins

Asia
12% Europe
6%

South America
9%

USA
73%

Solar Power for a Sustainable World Confidential 16

 ABENGOA SOLAR Solana Generating Facility

Construction Workforce Expected

1800 Work force histogram
1600
Direct hired
1400 10%
Mirror
1200 assembly
40%
1000

800

600
Subcontracts
400
50%
200

0
Peak workforce
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31

Non-USA
KS OR TX
5%
CA 5% 3% 10% CO
9% 8%
MO
8%

AZ
USA 57%
Workforce origin 95%
US subcontractors origin

Solar Power for a Sustainable World Confidential 17

 ABENGOA SOLAR Project Benefits

Economic Benefits
• Jobs
– 1,500 – 2,000 during construction phase
– 85 – 100 skilled for operating
• Total Arizona benefit
– Nearly $1B in direct investment
• $300M to $400M in 30-year tax revenues
• Mirror manufacturing facility to be located
in Surprise, AZ
– Additional 180 permanent jobs created

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 A Final Word About Incentivizing
ABENGOA SOLAR Renewable Projects

Dec 4, 2009: Solana’s Special Use Permit Filing

Solar Power for a Sustainable World 19

 ABENGOA SOLAR Contact

Kate Maracas
Vice President, Operations
ABENGOA SOLAR INC.
kate.maracas@solar.abengoa.com

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