Spain Fotowatio expansion of energy companies in the United States territory

Source and time: According to Spanish newspaper Cinco Días reports 2009.03.04, Spain Fotowatio photovoltaic solar power companies to spend 15.6 million euros before the United States M & A MuniMae (namely, Municipal Mortgage & Equity)'s MMA Renewable Ventures to develop renewable energy company Solar power department, The United States is expected to set up a subsidiary called Fotowatio Renewable Ventures; present the company in the United States of a total amount of solar power generating device 35MW, In addition, the ongoing installation of solar power generation project volume of about 400MW.
The future, renewable energy industry in the United States will play an important role in economic development, despite the relevant grant decree has not been announced, has been known for renewable energy and power modernization budget related policies as much as 30 billion U.S. dollars (about 23.8 billion euros); therefore, by this acquisitions, the West country Fotowatio enterprises planning to expand the territory in the United States to consolidate its subsidiaries in the United States on the development prospects.
Fotowatio West State MMA assets acquired include: the United States the largest solar power plant (located at Nellis Air Force Base, generating power up to 14MW), the Denver Airport in the solar power plant (the nation's largest thin film solar panels generating system ), and are located in Colorado and California, as many power plants; Fotowatio company in accordance with that the future of the company operating in the United States will be in large-scale solar power plant as the main force, and long-term contract to supply clean energy users.
Fotowatio CEO Rafael Benjumea said that since 2006 the company has more than 700 million euros investment in the development of solar power development plan is expected by 2012 will be the United States, Western States and Italy and other countries have to invest more than 2.5 billion euro; B chief executive officer believes that technology is backed by MMA, the company in the renewable energy industry of the country will be more vigorous development of latent