Novatec Solar’s Fresnel collector has successfully generated superheated steam at temperatures above 500°C at its 1.4 megawatt (MW) demonstration plant in Spain, by implementing an innovative receiver design.

Puerto Errado 2 (PE2), the 30MW solar thermal power station built by Novatec Solar using its proprietary solar field technology, has been completed and is in operation. The world's largest Linear-Fresnel Solar Power Station has a mirror surface of 302,000 m2.

ABB, the leading power and automation technology group, has signed an agreement to buy a 35 percent shareholding in Novatec Solar.
The investment includes an option to acquire 100 percent of Novatec Solar and an agreement to cooperate on future solar power plant projects.