Solar Millennium

The main activities are site selection, project development, planning, design and construction of parabolic trough power plants.

[2] The Federal Financial Supervisory Authority (BaFin) is investigating allegations of insider trading in the company's shares at Solar Millennium.

[3][4] As a result of the reporting, Hannes Kuhn stretched a sued against the journalists involved and the Süddeutsche Zeitung for around 80 million euros in damages for eight years.

Andasol 3 is financed jointly by Solar Millennium, Stadtwerke München GmbH, Innogy, RheinEnergie and Ferrostaal.

[11] With the power plants Ibersol[12] and Arenales[13] - 50 MW capacity each - Solar Millennium AG is pursuing further projects in Spain.

On 18 April 2011, US Secretary of Energy, Dr. Steven Chu, offered the Solar Millennium a conditional commitment for a US$2.1 billion loan guarantee.

On June 18 government and corporate leaders lifted shovels of dirt to toast the Blythe Solar Power Project in the California desert, 225 miles east of Los Angeles.

[15] However the project never began construction and NextEra Energy eventually acquired the site for a proposed PV plant.

Also in 2007, Solar Millennium AG, together with the Inner Mongolia Lvneng New Energy Co. Ltd.. based in Hohhot China, established a joint company.

By bundling all the activities and features in Blythe, Palen, Amargosa and others, there already is a strong project pipeline in the southwestern United States.