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Abengoa

Abengoa increases revenues and profitability in first quarter of 2019

Revenues increased 10% reaching €330 million while Ebitda increased 7% reaching €46 million in comparison to the first quarter of 2018.

Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors, announces financial results for the first quarter of 2019.

One of the areas of focus for Abengoa’s management is safety in the workplace. In this sense, in the first three months of 2019 the Company continues to improve indicators with a Lost [
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Abengoa increases revenues and profitability in first quarter of 20192019-05-23T16:17:43+02:00

AquaVenture Holdings Limited, Florida, USA, about to purchase majority of Teshie-Nungua Desalination Plant of Abengoa’s subsidiary Befesa Desalination Developments Ghana Limited (BDDG)

AquaVenture Holdings Limited, a water solutions company based in Florida, United States of America, is set to purchase majority shares in the Teshie-Nungua Water Desalination Plant. According to available information, the transaction is structured as the purchase of the entire share capital of Abengoa’s subsidiary that holds a 56% economic interest in Befesa Desalination Developments Ghana Limited (BDDG), the Ghanaian company that owns the plant. According to PRNewswire, which broke the news on Thursday, „The base purchase price for this interest is approximately $26 million, subject to adjustment in accordance with the purchase agreement.“ It adds that completion of [
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AquaVenture Holdings Limited, Florida, USA, about to purchase majority of Teshie-Nungua Desalination Plant of Abengoa’s subsidiary Befesa Desalination Developments Ghana Limited (BDDG)2018-03-01T14:03:24+01:00

Teshie, Nungua residents struggle for water – Ghana

Residents of Teshie, Nungua and other surrounding communities have expressed their dissatisfaction at the quality and consistency of water supply to the area following the shutdown of the desalination plant by the Ghana Water Company. According to them, they received water two or three days in a week and it comes at dawn making life unbearable for them. Others also complain bitterly about the quality of the water, lamenting that it has a brownish colour with an unpleasant smell and poses serious health risks to them. The Ghana Water Company directed the shutdown of the plant effective January 1, [
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Teshie, Nungua residents struggle for water – Ghana2018-02-02T13:53:35+01:00

Souss Region Farmers Contribute to Building of World’s Biggest Water Desalination Plant Chtouka – Agadir- Morocco

Local farmers in the Souss region are financially contributing to the building of the world’s biggest water desalination plant whose water will help irrigate the plains of Chtouka. The farmers are contributing €1000 (10,000 dh) per each hectare in an unprecedented success story of the public-private partnership in Morocco, local media reported. The contributions will be collected upon the accomplishment of the desalination plant in 2020. The plant will be built by Spanish company Abengoa near Agadir for a total cost of €309 million. The new facility will desalinate 275,000 m3 of water per day with a possibility to [
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Souss Region Farmers Contribute to Building of World’s Biggest Water Desalination Plant Chtouka – Agadir- Morocco2018-01-27T11:21:32+01:00

Scientists are looking for new ways to desalinate water using energy resources that reduce dependence on dwindling fossil fuels

The Middle East relies heavily on fossil fuels to drive modern desalination technologies that are used to grow food. Currently only 1 percent of desalinated water comes from renewable resources.  Intermittent or low energy supplies are a problem for agricultural settings, where grid networks may not always stretch. Better ways to capture and store renewable energy resources could increase the sustainability of using desalinated water, making it cheaper and easier to use.  “This is a moment of innovation. You can see that in Saudi Arabia, in Oman, in the Emirates and Qatar and in North African countries. New practices [
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Scientists are looking for new ways to desalinate water using energy resources that reduce dependence on dwindling fossil fuels2018-01-26T16:49:47+01:00

Scientists are looking for new ways to desalinate water using energy resources that reduce dependence on dwindling fossil fuels

Harnessing solar and geothermal energy for desalination.

The Middle East relies heavily on fossil fuels to drive modern desalination technologies that are used to grow food. Currently only 1 percent of desalinated water comes from renewable resources. Intermittent or low energy supplies are a problem for agricultural settings, where grid networks may not always stretch. Better ways to capture and store renewable energy resources could increase the sustainability of using desalinated water, making it cheaper and easier to use. “This is a moment of innovation. You can see that in Saudi Arabia, in Oman, in the Emirates and [
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Scientists are looking for new ways to desalinate water using energy resources that reduce dependence on dwindling fossil fuels2017-12-21T09:10:24+01:00

Algonquin Power signs clean energy JV with Spain’s Abengoa, S.A

Algonquin Power & Utilities Corp. says it is partnering with Spain-based Abengoa, S.A. on a new joint venture focused on global clean energy and water projects. The company says it will also buy a 25 per cent interest in Atlantica Yield plc from Abengoa for about US$608 million to expand its international project portfolio. Algonquin says the Atlantica deal will give it cash flow from the company’s long-term contracted clean energy and water infrastructure assets. It says the Abengoa partnership offers near-term development opportunities representing some US$300 million in investment opportunities. The company says Atlantica owns and operates 21 [
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Algonquin Power signs clean energy JV with Spain’s Abengoa, S.A2017-11-03T22:51:32+01:00

Ghana Water buying desalinated water at about 1,25 €/mÂł from Abengoa sub company – Ghana – Teshie-Nungua




The Ghana Water Company Limited (GWC) loses GHc 6 million monthly by operating the Teshie-Nungua Water Desalination Plant. Citi News checks indicate that that the GWCL makes payment of GHc 8 million a month to the financiers of the project, although it makes only GHc 2 million by supplying treated water from the plant. The plant has the capacity to desalinate 13 million gallons of seawater a day. More generally, desalination refers to the removal of salts and minerals from a target substance, as in soil desalination, which is an issue for agriculture. In this case however, saltwater is desalinated [
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Ghana Water buying desalinated water at about 1,25 €/mÂł from Abengoa sub company – Ghana – Teshie-Nungua2017-10-04T15:48:55+02:00

Morocco is finalising a feasibility study and financial and institutional structures for a new seawater desalination plant project

According to L’Economiste, the plant will be located in Casablanca-Settat region, and will supply water to Casablanca.

Desalination plant projects are also reportedly in the pipeline for Al Hoceima, Chtouka, El Jadida, Essaouira, Laayoune, Safi, Saidia, and Tiznit-Sidi; as well as Abengoa’s up to 450,000 cu/m per day project in Agadir.

“With increasing demand and insufficient local resources, the only recourse to reduce the deficit in industrial or agriculture drinking water is desalination of seawater,” said Morocco’s secretary of state for water Charafate Afailal.

The North African country is currently implementing its Water Security Law and [
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Morocco is finalising a feasibility study and financial and institutional structures for a new seawater desalination plant project2017-09-11T17:41:46+02:00

Morocco will soon be home to the world’s largest renewable energy-run desalination plant




Morocco will soon be home to the world’s largest renewable energy-run desalination plant for drinking water and irrigation, following the signing of Phase One of the €309-million ($352.9 million) project.

The project will be developed by Abengoa, an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, in the Agadir region in partnership with the National Office of Electricity and Drinking Water (ONEE) and BMCE Bank.

The project involves the construction of a plant with a 275,000-cu-m total production capacity of desalinated water per day which


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Morocco will soon be home to the world’s largest renewable energy-run desalination plant2017-07-03T10:56:52+02:00
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