Foster Wheeler Awarded Two Solar Steam Generator Contracts in Spain

Foster Wheeler AG FWLT announced today that a subsidiary of its Global Power Group has been awarded contracts to supply solar steam generator systems to two separate solar projects in Spain. The first of the two contracts is with UTE Africa Solar, the Engineering, Procurement and Construction contractor for the La Africana Solar Thermal Power Plant, located in Fuente Palmera (Cordoba, Spain) to supply steam generating components (feedwater heaters, preheaters, evaporators, superheaters, and reheaters) for a single 50 MWe train thermal plant. The equipment will be integrated into a concentrated parabolic trough thermal solar plant using molten salts to store the sun's energy and provide additional hours of plant operation without sun radiation. The equipment delivery is scheduled for second-quarter 2012. Foster Wheeler will also provide site advisory services during the plant's commissioning phase. The second of the two contracts is with UTE Termosolar Olivenza (a joint venture created by Acciona and Seridom), the EPC contractor for the Olivenza Solar Thermal Power Plant, located in Olivenza (Badajoz, Spain) to supply a similar scope as that of the La Africana project. This 50 MWe plant consists of 2 x 25 MWe trains and also utilizes concentrated parabolic trough technology with thermal oil as the heat transfer fluid. The equipment delivery is scheduled for first-quarter 2012. Foster Wheeler has received full notices to proceed on both contracts. The terms of the agreements were not disclosed, and the contract values were included in the company's first-quarter 2011 bookings.