abengoa solar's csr report

CSR Report 2014ABENGOASOLARInnovative technology solutions for sustainability

ABENGOASOLAR

Index01 Letter from the CEO 3

02 About this report 5

03 Solar technology for sustainability 15

04 Milestones 25

05 Abengoa Solar in figures 27

06 Transparency and anti-corruption 30

07 Commitment to sustainability 37

07.1 Supporting our team’s talent 38

07.2 Connecting with the social environment 50

07.3 Responding to the demand of energy 68

07.4 Managing the available natural resources 76

08 External verification 81

09 Appendices 87

10 GRI G4 Content Index 93

11 Risk Management report according to ISO 31000 110

CSR Annual Report 2014 Index

ABENGOASOLAR

G4-1, G4-2, G4-13

It is a pleasure for me, and the team that makes up Abengoa Solar, to share with you the company’s annual results. From many perspectives, 2014 was an excellent year. In regards to project development, as well as plant operation and maintenance, Abengoa Solar was able to maintain its growth while consolidating its worldwide leadership position in the solar thermal sector. Additionally, the company incorporated many interesting options to our offer in the area of photovoltaic technology.

2014 has been a particularly relevant year due to the consolidation of our Operations and Maintenance (O&M) division. With the start of the commercial operation of Mojave Solar in California (U.S.), which has an installed capacity of 280 MW and has recently started selling its power production to Pacific Gas and Electric, we have strengthened our position as the largest operator of solar thermal electric plants in the world. At the close of the year Abengoa Solar operated a portfolio of 1,591 MW of solar thermal installed capacity, including both parabolic trough technology and tower technology plants. Our company is the only operator with more than five years of experience in the operation of both technologies. Due to their excellent design, high quality construction and the hard work of our experts in O&M, our plants

reached more than 2,000 GWh last year. Given the large portfolio of assets in operation under its responsibility, Abengoa Solar has been able to implement an innovative and efficient program of standardization and benchmarking that allows for continuous improvement in all our plants. The experience curve, resulting from the monitoring of the plants and the thorough optimization and automation of processes, provides unlimited benefits.

We have also increased our presence in the world. In 2014, we started the construction of Atacama 1 Complex in Chile, which will be the largest solar complex in Latin America. Atacama 1 will mark a milestone, not only in terms of solar generation capacity on the continent, but it is also the first plant to combine a 110 MW solar thermal plant with molten salts tower technology and 17 hours of thermal storage with a 100 MW photovoltaic plant with a single axis tracking system. This solar complex will be able to generate clean and affordable energy 24 hours a day and, for the first time, solar energy will be able to supply baseload power to an electric system in a way that is competitive with conventional sources. This flexibility permits our clients to meet their peak demand at any time of the day or night.

Moreover, in 2014 we were able to secure financing, sign the power purchase agreement for, and start construction of Xina Solar One, our third power plant in South Africa. Xina Solar One will feature parabolic trough technology, with an installed capacity of 100 MW and a storage system that allows for continuing electricity generation for up to five hours without receiving solar radiation. Thanks to this sustained development, the construction of our plants in South Africa will have a high percentage of local content, which both enriches the region and generates high-quality jobs.

In line with the continuous growth and development of our projects in 2014, we focused on asset rotation within Abengoa’s capital recycling strategy. Solana, Mojave, Solabén 2 and 3, and Solacor 1 and 2 were sold to Abengoa Yield, with Abengoa Solar remaining as operator, allowing for an early return on investment that provides for continued investment in new projects.

CSR Annual Report 2014 01 Letter from the CEO

ABENGOASOLAR

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All of our projects are possible thanks to our continuous and dedicated efforts towards the development of our own technology. All of our plants are built with Abengoa’s technology, either independently or by means of strategic agreements with technology partners, leaders in their sectors. Many of their components are also proprietary technology that we manufacture for third parties, thereby generating an added value to our R&D investments. Likewise, the operation of our plants is carried out using devices and tools developed in our R&D centers in Spain and the United States. The development of these tools relies on the extensive experience of our operators, allowing us to increase the quality of our O&M services and differentiating us in the marketplace. Similarly, our efforts in technology development have led us to a position where we can offer innovative thermal storage solutions to our clients. In the coming years, the development of these storage systems will significantly change the configuration of electric systems in the most developed economies in the world.

But apart from that, Abengoa Solar has the vocation to affect sustainable economic development in the communities where it is present. In 2014, the company consolidated its responsible management model, which established guidelines for a business committed to economic, social and environmental concerns. Every year, we attract local-talent to and stimulate wealth in these economies by prioritizing local supply chains: a formula for added value. At the same time, the excellence of our innovations has permitted us to reduce the negative impacts produced by our activity and maximize the positive impacts.

The company has encouraged relationships with local communities where it develops its projects. In 2014, we began to apply London Benchmarking Group’s (LBG) criteria for social action measuring, which permits us to place a value on our social investment return. Abengoa contributed to the development of infrastructures, education and the conservation of cultures. Responsible management is reinforced by the strict control that the company maintains at its facilities. For this reason, the Corporate Social Responsibility division of the company has, since 2011, provided a risk analysis to identify facilities which are vulnerable

in ESG (Environmental, Social and Governance) and to put into practice individual action plans that permit these facilities to mitigate the risks which have been identified.

As an example of our commitment to meet the highest standards of transparent management, our accounts have been audited under the Public Accounting Oversight Board (PCAOB) standards. Our internal control system is audited according to the audit standard No. 5 of the PCAOB. Our Corporate Social Responsibility annual report is audited externally under the guidelines established by norms ISAE 3000 and AA1000.

Finally, I would like to publicly offer my gratitude to each and every person who is part of the excellent team of professionals at Abengoa Solar, and to all of our collaborators and partners in the projects currently under development, for the work done during the past year. The degree of efficiency and excellence reached is only possible with a committed team that works every day to become even better. And of course, my acknowledgement goes out to our clients for the trust they place in Abengoa Solar technology solutions for a sustainable world.

CSR Annual Report 2014 01 Letter from the CEO

CSR Annual Report 2014 page 5ABENGOASOLAR

02 About this report

CSR Annual Report 2014 | 02 About this report page 6ABENGOASOLAR

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Principles governing this report

Abengoa Solar’s Corporate Social Responsibility Report (CSRR) describes its main activities and impacts, its strategy and business model, the changes to its scope and structure as well as its goals and challenges. This year, for the first time, the CSRR has been prepared in accordance with the Global Reporting Initiative (GRI) G4 guidelines in accordance with the comprehensive option (exhaustive).1 The company also adheres to the principles of the AA1000AS international sustainability assurance standard from AccountAbility2, and continues to be committed to upholding the principles of the United Nations’Global Compact, which govern the company’s actions, activities and strategy.

Note 1 GRI G4 (guide): new guide published by Global Reporting Initiative for preparing sustainability reports.

Note 2 AA1000AS standard: international sustainability assurance standard based on the principles of inclusivity, relevance and responsiveness.

This year, for the first time, the CSRR has been prepared in accordance with the GRI G4 guidelines.

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PrincipleWho defines it? How is it defined? How does Abengoa Solar apply it?

Inclusiveness/ Stakeholder engagement

AA1000 (APS)/ GRI

This refers to the way in which the company takes into account stakeholder engagement when designing and developing its strategy.

Abengoa Solar considers stakeholder(1) engagement at every level of the organization:

› In the design of its business strategy and when preparing the Corporate Strategic CSR Plan, which can be consulted in detail in Abengoa’s CSR Report(2).

› In the course of its business, through the different consultation channels in place(3). › In preparing the CSRR, including the recommendations of the Independent Panel of Sustainability

Experts (PIEDS) and through the consultation processes carried out as part of the procedure for determining materiality.

Moreover, the company continuously works to improve the consistency and uniformity of its channels and communications across the whole organization, in order to strengthen these consultation processes.

Relevance/Materiality

AA1000 (APS)/GRI

The company must provide relevant information to its stakeholders – in other words, information that influences their decisions and that has an impact on the business.

As described below in this same section, Abengoa Solar participates in the annual consultations that Abengoa carries out with its stakeholders, enabling it to update its materiality analysis accordingly.

In the coming years, the company also plans to further develop the analysis of the information related to the most relevant issues, by geographical area and according to the risks associated with each region.

Responsiveness AA1000 (APS)/GRI

This refers to the way an organization addresses stakeholder issues that affect its performance in terms of sustainability.

In addition to the responses provided to stakeholders via the channels established by the company for this purpose, Abengoa Solar considers its CSR Report to be an essential tool for addressing stakeholder concerns.

The report therefore provides in-depth coverage of the issues deemed most significant by the company’s stakeholders and the Independent Panel of Sustainability Experts (PIEDS). Abengoa Solar also forms part of Abengoa’s CSR Strategic Plan, which contains impact and performance targets for 2020 that can be consulted in Abengoa’s CSRR.

Sustainability context

GRI The CSRR should present the organization’s performance in the wider context of sustainability.

Throughout this report, Abengoa Solar evaluates its performance in the context of its contribution to its stakeholders, the communities where it is present and the environment. During 2014, it has also carried out various communication and promotional activities of sustainability-related issues in order to raise awareness among its stakeholders and society in general about the imminent need to achieve progress based on sustainable economic growth that will enable future generations to enjoy the same resources as the current generation.

Completeness GRI The report should include issues that reflect the company’s main impacts in relation to CSR, as well as their corresponding degrees of coverage.

During the past two years, Abengoa Solar has sought to identify the relevant issues and their level of coverage. It has therefore taken into account its entire value chain (from suppliers to clients) in the prioritization process and has begun to include the main regions in which the company operates in each point along the chain.

Principios que rigen los contenidos del informe

(1) More information in Chapter 7.1. Supporting our team’s talent.(2) The “CSR Strategy” chapter of Abengoa’s CSR Report can be found at http://www.abengoa.com/web/es/gestion_responsable/informe_rsc/.(3) More information in chapter 7.2. Connecting with the social environment.


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Principles regarding the quality of the information

PrincipleWho defines it? How is it defined? How does Abengoa Solar apply it?

Balance GRI The report should reflect both the positive and negative aspects of the organization’s performance.

Abengoa Solar continues to work towards providing the information (both positive and negative) resulting from its management processes. Furthermore, as an example of this transparency, the company participates in the annual evaluation by the PIEDS panel that Abengoa voluntarily undergoes.

Comparability GRI The organization should systematically select, compile and disclose information so that it is comparable with other organizations and to show its performance over time.

Indicators deemed most relevant by the company are reported so that information can be compared with its main competitors. The report also presents comparable data for the past three years to provide readers with historical information about the company’s performance.

Accuracy GRI The information should be expressed in a way that is sufficiently accurate and detailed for stakeholders to assess the organization’s performance.

The independent review that this report has undergone ensures the accuracy of the quantitative data as well as the relevance of the evidence and context of the qualitative information.

Timeliness GRI The organization should present its CSRR on a regular basis so that stakeholders have access to the information and can make informed decisions.

Abengoa Solar annually publishes its CSRR in April. The company also reports key indicators for the CSR area together with its financial information in the Responsible Management Balance Sheet that Abengoa publishes every six months. These are verified by an independent external firm as part of the company’s commitment to providing up-to-date information to stakeholders.

Clarity GRI The organization should make the information available in a manner that is accessible and understandable to stakeholders.

Given the complexity of its business, this year the company has made efforts to explain its activities in a graphical format, using clear, simple and understandable language.

Reliability GRI The organization should compile, analyze and publish the information and processes used to prepare the CSRR in order to adhere to the criteria on materiality and quality.

Abengoa is one of the few companies in the IBEX 35 to have reviewed its CSR indicators with a reasonable level of assurance, demonstrating the reliability and internal control established in the organization’s reporting systems.


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Abengoa has further consolidated its relationship with its stakeholders, using tools that enable it to connect with them via one-to-one and collective communication channels. Similarly, the organization is developing specific channels that enable it to address the individual needs

of each stakeholder group. During 2014, Abengoa Solar has worked on developing internal procedures that govern its relations with each stakeholder group, identifying their needs and levels of satisfaction as well as establishing the communication channels available for each one.

› Employees

› Financial institutions

› Associations

› Clients

› Local administrations

› The Media

› Shareholders and investors

› Local communities

› Society

› Suppliers

› Regulatory and national and supranational governmental bodies

Abengoa Solar’s stakeholders

ABENGOASOLAR

The organization is developing specific channels that enable it to address the individual needs of each stakeholder group.

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Scope of the information included in the

CSRR 2014

Unless stated otherwise in the text or in the reported data, all the information and performance indicators included in the CSRR refer to activities performed in 2014 by the companies that are effectively controlled by Abengoa Solar and that have a significant social, environmental and economic impact both inside and outside of the organization. Data relating to previous years is also included to enable comparisons of the reported information.

The scope of consolidation in 20143 is not the same as 2013 due to acquisitions and divestments carried out during the year.4

Focusing the report on materiality

To identify the issues that are significant for Abengoa Solar, the company has adopted the content requirements established by the GRI G4 guide in preparing this report. This guide defines the materiality process, identifying what is important and where it is important, which increases the relevance of two variables: the company’s value chain5 and the main geographical areas where it is present. Abengoa Solar participated in the materiality analysis that Abengoa carried out in 2014, which brings together all the sectors in which it operates (water, energy and construction). The study is a continuation of the analysis from previous years, taking both variables into account.

This process of defining material information involves a formal procedure

Note 3 The scope of consolidation for 2014 can be found in Appendix I.

Note 4 The economic, social and environmental performance of those assets that have been sold during the year has been included in this report for the period that these assets belonged to the company.

Note 5 Value chain: set of actions and activities that make up a company’s productive process, encompassing both the organization itself and the agents that are involved in the life-cycle of the products and services that the company provides to the market.


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that the company uses in its management of CSR. It further enables to identify which information has sufficient relevance to be included in the CSRR , which must appear in other media (such as the website), and which information is not relevant.

The process got underway by taking the issues determined to be relevant in the preceding year and adding in other new issues identified during the external documentation process. The company also paid close attention to public information concerning best practices in CSR reporting and issues, and the questions from the Independent Panel of Sustainability Experts (PIEDS). In addition to identifying new issues, the purpose of this process is to focus efforts on delving deeper into matters that the company has already identified as relevant, in order to prioritize them from different perspectives and to incorporate different variables, such as the components that make up the company’s value chain and the regions in which the company performs its activities.

The next step was to classify the identified issues based on their importance to a company like Abengoa (sector). A methodology was also developed that enables the list of previously identified issues to be prioritized both internally and externally.

The external prioritization was carried out by analyzing the information deemed to be important by different opinion makers and leaders, taking into account the influence of each issue on the decision-making by the company’s stakeholders, analyzing the requirements of investors who take into consideration environmental, social and governance (ESG) aspects, and by studying the reputational crises that arose during 2014. The different sectors in which the company operates were taken into account when selecting the opinion makers and leaders to consult. In total, priorities were established based on 20 organizations.6

Note 6 Direct interviews with opinion makers and documentary analysis were carried out for the prioritization process.


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The communication channels that the company has with stakeholders (including clients, investors, suppliers and local communities) were also taken into account. The internal prioritization was carried out individually in each of the company’s sectors in order to gauge materiality within the context of each division. Once again, Abengoa Solar assembled its Committee on Relevant Issues. The Committee consists of employees

from every area that manages non-financial information within the company, taking in account diversity criteria – by level of responsibility, geography and gender. The Committee assessed the importance of each issue at the different points along the value chain, in terms of the impact on the business.

Phase II: External assessment of relevant issues

External identification and prioritization of issues and interviews held with endorsers.

Phase I: identifiying relevant issues

Based on examination of materiality from the preceding year, issues defined by IPESD, issues included in the SCSRP by SASB(1) and those analysed in Phase II.

Phase III: Internal prioritization of issues

Prioritization of issues by the company’s management team.

(1) SASB: Sustainability Accounting Standards Board.

Ongoing process of change to assess the relative importance of issues

within the value chain and the regions in which the

company operates. Endorsers Abengoa consultation

Investors Press analysis


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The diagram shows the results of the internal and external prioritization which identifies the issues for which comprehensive information must be included (“Focus”) and those that must be published in the CSRR (“”), as well as the number of times that each issue impacts the components of the value chain, which is represented by the size of the spheres.7 The company continues to work on identifying the main geographical areas in which the “focus” issues are of greater relevance.

Note 7 The focus area is the section located in the upper right quadrant of the diagram.

The relevance assigned to each of the issues internally and at each point of the value chain is shown below

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Need for a stable legal framework Focus 5

Truthfulness and communication of correct information to investors Focus 5

Impact on local communities Focus 5

Technology protection Focus 5

Adaptation to the environment in which the company operates Focus/ Report 5

Risk of corruption, bribery, fraudulent practices and money-laundering Report 5

Financing Report 3

Relations with public administrations Report 1

Presence in conflict zones Report 3

Human rights Report 4

Innovation Report 2

Working conditions: Work-family life balance, equal opportunities at work, professional development, etc. Report 3

Attracting and retaining talent Report 3

Health and safety of employees and contractors Report 4

Climate change Report 5

Identification and control of the source of raw materials Report 1

Product or service quality Report 5

Product and project design taking into account their life cycle Report 3

Women in senior management positions Report 5

Interdependence of the brand image in its different businesses Report 5

Reducing waste generation Report in other reports 2

Biodiversity Report in other reports 1

Communication with local communities Report in other reports 3


Process and functions of the Independent Panel of Sustainability Experts (PIEDS)Abengoa has voluntarily carried out an additional transparency exercise since 2007 by undergoing the annual evaluation by the Independent Panel of Sustainability Experts (PIEDS), in all of the sectors in which it operates and Abengoa Solar is included in this process.

During this process, the company works continuously with the Panel so that each evaluation contributes a greater added value to the company and to ensure that it is not carried out as a mechanical or systematic evaluation process. Consequently, in 2014 the PIEDS panel decided to carry out evaluations that were more focused on the company’s CSR policy and performance, instead of being based on the information published in reports from previous years. At the meeting of the Panel held in October in Madrid, Abengoa presented the responses to each of the recommendations made by its members following an exhaustive analysis of the company’s policies and progress in CSR matters.

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Note 8 The report of recommendations can be found in Abengoa’s CSR Report as well as on the company’s website.

Corporate Social Responsibility Management SystemAbengoa’s CSR Management System9 aims to provide control over information to facilitate responsible management that seeks to minimize the negative impacts associated with the company’s activities, while increasing the positive impacts. The starting point for the system is Abengoa’s mission, vision and values and encompasses the policies defined by the company as well as the public commitments undertaken throughout its history. This system has also been designed in accordance with the international ISO 26000:201010 standard and its compliance is verified annually by an independent third party.

Note 9 Social Responsibility Management System: Among the different tools that it has, it contains a set of indicators in the three areas of CSR (social, environmental and economic) for managing the company’s performance.

Note 10 ISO 26000:2010: International standard that includes the guidelines for all types of organizations in the areas related to social responsibility, the environment, human rights and consumer rights.


03 Solar technology, sustainable business

CSR Annual Report 2014 | 03 Solar technology, sustainable business page 16ABENGOASOLAR

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The world today needs solutions that push towards sustainable development and responsible management. This business concept is applied by the company as a model, which acts as the basis for defining its mission, vision and the values that shape its actions.

MissionAbengoa is the world’s leading company for generating electricity from solar thermal power, as well as offering photovoltaic products. Our mission is to maintain this leadership in the STE sector, while further developing our activities in the field of photovoltaics, all based on our competitive advantage and sustained growth. This growth must be driven by technological leadership and a unique business model, focused on the complete integration of the business, from technological developments and the development and manufacturing of components, through project development and construction, to ownership and operation of facilities.

VisionTo supply increasingly efficient solar technology that makes us competitive in terms of power generation compared to conventional sources by 2020, including the cost of CO2 emissions.

Our valuesAbengoa Solar’s management and business model are based on the following values:

› Integrity Abengoa Solar strives to operate in an honest way in everything it

does, both within the organization itself and in the communities where it is present.

› Legal compliance Every action performed by the company must be legally compliant to

ensure the legal security of its actions and to reduce risk.

› Professional diligence Involvement and complete commitment to all of the company’s

activities are essential qualities for the organization’s success.

› Reliability Discretion and prudence govern Abengoa Solar’s relationships with

its stakeholders and are fundamental for building trust and creating better communications and relations between the organization and its surrounding community.

› Quality Excellence forms part of every product and service that the company

offers.

The company also applies the 10 principles of the Global Compact.1

Note 1 Abengoa publishes its progress report on the Global Compact website every year.


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Organizational structure

Board of Directors

Chairman D. Javier Benjumea Llorente

CEO D. Armando Zuluaga Zilbermann

Director D. José Dominguez Abascal

Director* D. Manuel Gasset Loring

Director* D. Javier Salas Collantas

Director D. Manuel Sánchez Ortega

Director D. Santiago Seage Medela

Director* Dª. Guadalupe Sundheim Losada

Director* D. Bernardo Villazán Gil

Director D. Armando Zuluaga Zilbermann

Non-director Secretary D. Fernando de las Cuevas Terán.

*Independent directors

Management team

CEO Armando Zuluaga

Spain Antonio González Casas

USA Frederick Redell

Europe, Africa and Abu Dhabi Michael Geyer

Middle East, Asia and Australia Craig Windram

Technical General Secretary David Gámez

Technical General Secretary, USA Hank Price

General Secretary Fernando de las Cuevas

Financing Javier Albarracín

Administration David Fernández

General Manager O&M Eduardo Duque

Engineering Miguel Ángel Cruz

Construction supervision Lara Álvarez

Internal Audit Sara Migueláñez

Human Resources Pablo Barrasa

Quality, EH&S and Environment Antonio de la Torre

Platforms Management

Solúcar/ Écija Manuel Carlos González Corralejo

El Carpio / Castilla La-Mancha José Emilio Camacho

Extremadura Rafael Sánchez

Solana Scott Nolan

Mojave Solar Nicholas Potrovitza

Kaxu Solar One Thorsten Rauch

Shams-1 Borja Sanz


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Global companyAbengoa Solar, S.A. is the parent company of a group of companies (hereafter called “Abengoa Solar” or the “Group”), which at the end of 2014 consisted of 245 companies: the parent company, 221 subsidiary companies, 9 associated companies and 8 companies in joint businesses.2 The Group’s companies also participated in six joint ventures and own shareholdings of less than 20 % in other companies.

The company has a distinct global character that is expressed through its employees in the 15 countries where it is present.

Note 2 More information in Appendix III “Scope of consolidation of Abengoa Solar”.

Value generation: business linesInnovation is the main driver of value in the organization. The effort we invest in innovation every year enables us to maintain our technological leadership in the solar industry.

The company works to improve the performance in STE and photovoltaic technology, which understood as Development projects. During 2014, the company has conducted development projects with an investment of 29.426 thousand euros. These assets are basically related to the Solúcar plant in Seville, Spain.

These assets are based on the operation and testing of STE technologies. Apart from this aforementioned investment, the company conducts other research activities that are registered in annual results. The total amount for the year 2014 is 33.089 thousand euros.

In STE technology, the construction of Khi Solar One, the first commercial plant of its type, and the construction of Atacama 1 that combines tower technology (110 MW) with photovoltaic (100 MW) and a thermal storage system using molten salts, are two key areas for the development of solar technology. This has supposed a total investment in R&D of 318.839 thousand euros for the year 2014.

Lastly, Abengoa´s Solar innovation activities are protected by patents to ensure its leadership. At the end of 2014, Abengoa Solar had made 182 patent applications, 14 % more than in 2013.

United States

Spain

Germany

Italy

Algeria

Saudi Arabia

South Africa

India

China

Australia

United Arab Emirates

Morocco

Mexico

Brazil

Chile


Business lines

Abengoa believes in research and development as the seed that will generate excellence in the medium and long-term. It is therefore committed to a portfolio of proprietary solar technologies, as well as developments through strategic alliances with specialized companies in the sector. To create this technology portfolio, Abengoa makes significant investment –both financially and in terms of human capital– which is monetized through the sale of that technology to group companies and third parties once the technology has been proven.

Consequently, Abengoa is positioned along the whole solar technology value chain (both STE and photovoltaic), from creating and developing the most advanced technologies, through to commercializing mature technologies and supplying products for operating, maintaining and optimizing solar plants, as well as the components for constructing solar plants, ensuring the best performance in the market.

Furthermore, as the world’s leading company in terms of installed STE capacity, it has accumulated extensive knowledge of operating and maintaining plants which enables it to make improvements to plant design, construction and operating methods. Abengoa is therefore the leading company for operating and managing STE plants, both proprietary and for third-parties, obtaining maximum performance from these facilities while continuously applying improvements based on its experience.

The company is also among the top of the national and international rankings for power generation, which it has achieved thanks to a combination of the aforementioned knowledge, demanding work standards, a set of tools specifically developed to provide this service to our plants and complete dedication to health and safety regulations.

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Business lines

› Development of new solar technology (STE and photovoltaic) › Industrialization of new

technologies

› Development of solar plants

› Manufacturing and sales of solar plant components

› Operation and maintenance (O & M) of solar plants

› Ownership of solar plants

of installed power

2,283 MW


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Most significant projects in 2014

Mojave Solar, USA

Mojave Solar is one of the largest parabolic trough plants in the world. With a gross installed capacity of 280 MW, it is capable of producing enough energy to supply clean power to approximately 91,000 homes in Harper Dry Lake, California. This was one of the most important solar projects in the USA in 2014, when the plant came into operation.

KaXu Solar One, South Africa

KaXu Solar One is South Africa’s first STE plant and the largest parabolic trough plant in the southern hemisphere. It will provide clean and stable power to the South African power network, preventing the emission of 300,000 tons of CO2 into the atmosphere every year.

With an installed capacity of 100 MW, it is capable of generating electricity to supply some 80,000 homes. The plant includes a 2.5 hour molten salts thermal storage system that enables it to generate power before the sun comes up and after it has set.


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Solana, USA

Solana is the largest parabolic trough plant in the world. Located in the state of Arizona, it has an installed capacity of 280 MW and a storage system that enables it to operate at full capacity for six hours during the night. These features allow it to supply enough clean power to satisfy the demand from 70,000 US homes. Solana completed its first year of commercial operation in 2014.

Atacama 1, Chile

The Atacama 1 complex comprises a 110 MW STE plant with 17.5 hours of thermal storage using molten salts and a 100 MW photovoltaic plant. It is a pioneering initiative that will supply clean power 24-hours a day at prices that are competitive with fossil fuels. This complex will prevent the emission of 864,000 tons of CO2 per annum. Abengoa began constructing of both the STE plant and the photovoltaic plant in 2014.


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Abengoa’s vertical integration in STE projects

Abengoa is fully capable of developing, manufacturing and supplying all of the non-conventional core components for STE plants. This capability prevents it from being dependent on third parties; it reduces supply risk; and enables it to offer the most competitive features in the market.

Furthermore, in order to offer the most competitive prices and to reduce transport costs (both financial and environmental), Abengoa is capable of setting up solar components factories in the regions where projects are carried out, boosting the economy of these regions.

Storage R&D

Abengoa has identified storage as one of the differentiating elements of its products and services in the energy market. The company is therefore committed to developing storage systems. Accordingly, Abengoa, together with the National Renewable Energy Laboratory (NREL) and the Colorado School of Mines (CSM) in the USA, is developing a new storage technology for thermo-electric plants. The program will last for two years and has received € 1.3 million in investment from the US Department of Energy.

Abengoa Solar is leading the systems integration work and the technical-financial analysis, focusing on the commercial potential of this technology in future solar plant projects


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Products and services

Components for plantsAbengoa Solar can design, manufacture and develop key components for proprietary or third-party solar plants.

Tower heliostast

Parabolic trough collectors

HCPV Modules

Trackers for photovoltaic modules

The new ASUP 140 heliostat offers improved efficiency and can reduce the cost of the solar field by 30 %.

The E2 collector, designed by Abengoa, includes improvements for a more efficient assembly and better operating performance and can be purchased directly or as part of a turnkey solar field project.

New SpaceTube® collector: SpaceTube® wide-aperture collector.

M300™ Module: It has a concentration factor of 1,000x, as well as operating efficiency greater than 30 %.

M300S™ Module: It offers a concentration factor of 1,300x, improved thermal performance and the highest level of operating efficiency in the market.

M35™ Module: It has a concentration factor of 500x and high efficiency.

T140™ Tracker: It has a surface area of 144 m² and is specifically designed for HCPV modules.

T30™ Tracker: This model with 54 m² of surface area, high precision tracking and high wind resistance, can be installed without using concrete.

Tornasol™ Tracker: With a surface area of 8 m², its low visual impact makes it the best HCPV option for roofs and areas where other trackers may create visibility problems.

O & M servicesAbengoa offers external clients different lines to meet their specific needs:

› Integral O&M management of STE plants

› Specific subcontractor services in O & M.

› Specific products: components, optimization and outsourcing.


G4-4, G4-8, G4-PR6

O & M equipment

Condor reflectometer

Mini Incus spectrophotometer

Cleaning vehicles

SFMA

Test bed for tubes

The Condor reflectometer is an innovative portable instrument used to measure the reflectivity of the mirrors of the solar field, with a high degree of accuracy.

The Mini Incus device evaluates the optical properties of the receiver tube to improve power generation and increase the associated revenues.

Abengoa Solar sells cleaning vehicles for heliostats and for parabolic trough mirrors.

Tool for classifying, monitoring and managing solar fields from mobile devices. Created to optimize the management and monitoring of incidents and cleaning works on a solar field, improving real-time information and saving time and resources.

High precision service for comprehensively evaluating the optical and thermal properties of the receiver tubes of parabolic trough collectors. It can provide a comprehensive breakdown of the performance of any receiver tube using a contactless system.

Industrial applicationsAbengoa Solar supplies clean power generated by the sun to industrial clients around the world.

PT-1 parabolic trough collectors: it operates at a wide range of temperatures (up to 250ºC), and it is built in aluminum for a longer lasting and greater reliability.

Abengoa Solar also offers the RMT, a smaller version of PT-1, specially designed for its installation in rooftops.


04 Milestones

CSR Annual Report 2014 | 04 Milestones page 26ABENGOASOLAR

Start of construction of Atacama 1 in Chile, which will have 17.5 hours of storage.

Solana, the world’s largest parabolic trough plant with a capacity of 280 MW, completes its first year of operation.

Commissioning of Mojave Solar in the Mojave Desert, California (USA), which will generate sufficient power to supply 91,000 homes with clean energy.

Commissioning of KaXu Solar One, the first STE plant to come into operation in South Africa.

Extension of O&M services for STE plants: Creation of a new vertical area that manages resources across all solar platforms and offers know-how to third parties.

Commissioning of the high concentration photovoltaic plant in Coquillon, France, belonging to Compagnie Nationale du Rhône (CNR), for which we supplied the high concentration photovoltaic modules.

Contract for 950 GWh/year of power in Chile, which Abengoa will produce from a combination of STE and photovoltaic plants.

Implementation of the PE&C (People, Education and Communities) social development program in South Africa and Chile.

Signing of the agreement with the Native American tribe, San Manuel Band of Mission Indians, to protect indigenous culture.

Solana has received the Governor’s Award for Energy & Technology Innovation as well as the President’s Award in the 34th edition of the Arizona Forward Environmental Excellence awards. These awards recognized the innovative nature of the plant as well as the important environmental benefits that it contributes to the State of Arizona.

Solana, in Arizona, has also been awarded the Energy Storage North America (ESNA) Innovation Award, in the commercial-scale projects category.

Open Days for the community and employees at the Solúcar platform. Open days for the community

and employees at the KaXu Solar One and Khi Solar One plants (South Africa).

Development of new thermal storage technology in collaboration with the US National Renewable Energy Laboratory (NREL) and the Colorado School of Mines.

Signing of a 20-year power purchase agreement with the South African Department of Energy for the Xina Solar One project; closing of the financing for the project; and start of its construction.

Signing of five new collaboration agreements that will improve the municipalities where we are present.


05 Abengoa Solar in figures

CSR Annual Report 2014 | 05 Abengoa Solar in figures page 28ABENGOASOLAR

EBITDA in 2014

in fixed assets

in consolidated revenues

of local suppliers on average in our main locations

invested in R&D&i

patent applications

of installed power

295.9 M€

2,087.9 M€

563.5 M€

More than 90 %

351.92 M€

182

2,283 MW

G4-DMA (desempeño económico), G4-9, G4-EC1, ID1, ID3

CSR Annual Report 2014 | 05 Abengoa Solar in figures page 29ABENGOASOLAR

local managers

of training on sustainable development and climate change

CO2 emissions prevented

in H&S training

in social investment

of corporate volunteering

in 201499 %

664 hours

623,704 t

13,298 hours

293.5 k€332 hours

1,562 employees

G4-DMA (desempeño económico), G4-9, G4-EC1

CSR Annual Report 2014 page 30ABENGOASOLARABENGOASOLAR

06 Transparency and anti-corruption

CSR Annual Report 2014 | 06 Transparency and anti-corruption page 31ABENGOASOLAR

G4-DMA, G4-56, G4-57, G4-58, G4-SO3, G4-SO4

Over the last few years, Abengoa Solar has worked hard to improve its processes according to criteria that ensure information transparency and establishing controls to combat corruption. Best practices ensure that the values that govern the company’s corporate culture are applied, such as honesty, integrity, good judgement and professional diligence, which are considered essential to the company’s reputation and success.

Practices for preventing corruptionAbengoa Solar has mechanisms and procedures in place to prevent and detect fraudulent and corrupt practices. These mechanisms have been incorporated into the Common Management Systems, which are continually updated and ensure a balance between the best business opportunities and appropriate risk management. All company employees periodically receive information and training about the procedures to follow and the channels available for reporting any irregular activities they identify.

The organization has a variety of instruments for preventing corruption: National and international laws, the recommendations of national and international regulatory bodies and the company’s Code of Conduct define the company’s course of action from a preventive standpoint, while the Whistleblower Channel and other detection

mechanisms, such as audits, enable the company to pinpoint potentially fraudulent activities.

Anti-corruption law

Abengoa Solar is subject to local and international anti-corruption legislation, particularly the US Foreign Corrupt Practices Act (FCPA). This law applies to all companies that operate in the US, regardless of their country of origin, and supplements the internal control requirements established under Section 404 of the Sarbanes-Oxley Act.

The FCPA forbids bribes and payments to foreign government officials intended to influence any act or decision resulting in undue advantage, and not only applies to companies’ activities in the USA, but throughout the world.

Abengoa Solar’s common management systems are devised to ensure and oversee compliance by all its employees, senior managers and directors with the provisions of any legal regulations related to anti-corruption practices that are applicable to Abengoa, including the FCPA. Abengoa Solar also provides training to its employees as a strategic way of disseminating and raising awareness about the anti-corruption policies that the company should apply. In 2014, a total of 664 hours of training on anti-corruption policies was provided.

The company also demands the same standards and practices from its supply chain through its Social Responsibility Code, which all company suppliers are required to observe. This code includes a clause that expressly prohibits any type of corrupt practice that benefits Abengoa.

Similarly, Abengoa reinforces its internal controls in all business segments through the Fraud Prevention and Detection Unit – a division of the Internal Audit team that monitors compliance with this law. In 2014, some 15 financial audit reports were issued, in addition to legal audits, among Abengoa Solar’s companies, which included reviews and risk analyses related to corruption, among other aspects.

Honesty Integrity Good judgement

Professional diligence

+ + +

of tranings on anti-corruption policies

664 hours


G4-DMA, G4-56, G4-57, G4-58, G4-HR3, G4-SO3, G4-SO4

Code of conduct

Abengoa Solar has a code of professional conduct that defines working relations for employees, senior managers and directors within the company, as well as stakeholder relations. The general aim of the code is to increase transparency and professional diligence by establishing standards of conduct expected from all Abengoa employees. The code is available on the company’s intranet and the corporate website so that it is accessible to anyone that wishes to consult it. It is available in the company’s working languages: English, Spanish and Portuguese.

The company promotes application of the conduct described in the code as the corporate culture, applicable to the whole Abengoa Solar team. When new employees join the company, they are provided with a welcome manual that lays out the guidelines that should define their relations and conduct. Moreover, every employee receives specific training on this matter to ensure that they can comply and to promote ethical conduct among every member of the organization.

The code is continuously updated to implement best practices. Employees are immediately informed of any changes that are made, via the company’s communication channels.

Whistleblower channel

The whistleblower channels are an essential part of Abengoa Solar’s commitment to anti-corruption. They are accessible to all of the company’s stakeholders and represent the mechanism through which they can anonymously report any irregular conduct they identify.


G4-DMA, G4-56, G4-57, G4-58, G4-HR3, G4-SO3, G4-SO4

In effect and operational since 2007, these whistleblower channels were devised in accordance with the specific requirements of the Sarbanes-Oxley Act:

› Internal: available to all employees to report any complaints or claims concerning financial statements or other reports, accounting matters, internal controls over the financial information reported, auditing matters or breaches of the Code of Conduct.

› External: intended to enable anyone outside the company to report irregularities, fraudulent acts or conduct that contravenes the Code of Conduct. This channel is available on Abengoa’s website.

In accordance with the whistleblower channel, which defines the parameters and conditions for handling all information received, there is a specific guarantee ensuring total confidentiality for people that use the tool, allowing information to be submitted anonymously without any risk of reprisal for claims made in good faith. The policy dictates that the response protocol must be initiated within 48 hours from the moment that the claim is made.

In addition to the whistleblower channels, any infraction can be directly reported to the compliance officer, supervisors, managers and duly authorized personnel.

Audits for preventing and detecting fraudulent activities

In 2012, Abengoa created the Fraud Prevention and Detection Unit, which operates across every division of its business, tasked with identifying and mitigating the main fraud-related risks to which the company is exposed and investigating any claims received through the available channels. The tasks associated with the preventive audits in relation to fraud are conducted according to an action plan which includes the geographical regions and business segments that are most susceptible to fraud, as well as a review of those areas entailing greater risk in the financial statements. The Unit prepared 15 preventive audit reports in 2014.

Additionally, to reinforce its anti-fraud efforts, Abengoa joined the ACFE Corporate Alliance (Association of Certified Fraud Examiners) on November 1, 2014. The association helps companies by providing tools and specific training aimed at combatting fraud and corruption, and also provides resources for obtaining CFE (Certified Fraud Examiner) accreditation for internal auditors involved in detecting fraud and non-compliance.

In relation to the prevention of financial risks, fraudulent activities and money-laundering, Abengoa Solar’s policy on investments made in tax havens is based strictly on justified business and economic criteria that are wholly independent of other motivations, such as obtaining tax benefits or tax exemptions. Abengoa Solar does not operate in any of the countries classified as tax havens by Spain’s National Tax Authorities (AEAT).

In other short of things, Abengoa Solar does operate in other regions that, although not included in the AEAT’s list of tax havens, are considered by international organizations and observatories to be territories with taxation systems that are more favorable than the system in Spain. It has subsidiaries in Delaware (USA), The Netherlands and Luxemburg. These decisions are strictly based on economic or business grounds or to simplify the corporate or administrative management process and are never related to reasons of tax evasion, money laundering or the financing of illegal activities.


G4-46, G4-56, G4-57, G4-58

Risk managementAbengoa Solar defines the guidelines for its business based on diligent management of the associated risks in order to create value and improve the company’s competitiveness. Risk management begins with the identification and parameterization of any project prior to its commencement, establishing its tolerance to risk and the likelihood of occurrence. When moving forward with a project, the risk function defines the most appropriate mitigation measures for each type of risk.

The Global Risk Management System enables the company to control and determine risks and is intended to establish a common risk culture to help the company achieve objectives in this area and to allow it to act and adapt accordingly.

In 2014, the main changes implemented in relation to risk management policies were as follows:

› Classification of countries where the company operates according to the risk they pose in terms of environment/security, political risk, sovereign rating, transparency index and natural risks. The measures to be applied to each country have been defined according to their rating, and these must be implemented in order to do business in them..

› Implementation of a risk analysis methodology with respect to climate change so that all activities can be evaluated and treated accordingly so as to support the sustainability of the business in line with corporate policy.

› Reinforcement of analysis and control measures in order to prevent the undertaking of tasks and businesses that may violate international rules and damage the interests of Abengoa Solar and its stakeholders.

Universal Risk Model

The Universal Risk Model is used to gauge the level of risk according to the probability and impact of each risk in every category (strategic, financial, legal and operational risk). It also provides online risk maps through automatic real-time connection with the company’s information. The objective is to obtain a comprehensive risk assessment, designing an efficient response system.

Risk measurement is carried out across the whole of Abengoa Solar, by company and by relevant geographic region, and is reviewed every six months. This allows specific action plans to be designed for those risks that exceed the tolerance thresholds defined in each case.

The Universal Risk Model is being adapted so that the model, apart from providing the risk map information, will help to obtain and monitor the indicators that each business unit deems significant for its daily business management, increasing the efficiency of the system.

Consolidation of CSR risks

One of the risks that form part of the Universal Risk Model is the CSR risk. This risk was modified in 2013 introducing the results of the annual CSR risk analysis carried out in the corresponding plants. The analysis is carried out from a dual perspective: One approach assesses 27 risks depending on the type of facility, while the other is taken from a third-party perspective. One of the new developments in 2014 has been the participation of five opinion leaders that represent the facility, or five people with access to the opinion of the community in question, who take a survey, included in the third-party perspective approach, which the people responsible for analyzing the questionnaire subsequently use as an input.

Once the risk analysis has been carried out, a mitigation plan is created for the analyzed facilities. In 2014, five of Abengoa Solar’s facilities were analyzed and mitigation plans were drawn up for two of them based on the detected risks. Work is currently being carried out to prepare mitigation plans for the remaining facilities analyzed.

The Universal Risk Model is used to gauge the level of risk according to the probability and impact of each risk.

“


G4-DMA, G4-46, G4-SO1

The CSR risk area of the Universal Risk Model therefore enables to present more consistently the impact on EBITDA and the probability of occurrence, while also improving the ongoing dialogue with the stakeholders, in relation to the projects that affect them.

The risks that are included in the CSR risk analysis are grouped into six main areas:

› Labor practices › Health and safety › Supply chain › Social commitment and local impact › Environmental management › Ethics, integrity and compliance

KPI evolution:

In 2014 a total of 164 risks were analyzed at Abengoa Solar’s facilities, compared to 36 examined in 2013.

Risk mitigation

The company applies the controls needed to maintain the different identified risks within the established limits, determining the strategy to be followed for each one. The risk mitigation systems are applied at different levels:

› Business-level: each and every procedure (legal, financial, procurement, quality, corporate social responsibility) contains measures for mitigating the inherent risks, and it is obligatory to apply these measures.

› Project-level: each company project is preceded by a risk analysis and quantification, which extends to all project phases (development, construction and operation). No project is undertaken without conducting this risk analysis, verifying that all potential risks have been taken into account and approval received from those in charge at all decision-making levels.

› Strategic-level: measuring risks through the Universal Risk Model requires and allows action plans to be defined so that risks are maintained at the tolerance level established in each case.

The system compiles the lessons learned, which enables feedback from the risk management system and the application of measures for new projects or businesses according to past experience.

Committees on risk management

Abengoa Solar’s management monitors the evolution of risks in great detail. A monthly review by a chaired committee enables the evolution of risks to be periodically analyzed and supports correct decision-making for the business. Furthermore, Abengoa Solar’s participation in corporate review procedures enriches the management system and mitigation of the risks defined in the Universal Risk Model.

0

0

1

2

3

4

1

R 32 - 2014

R 32 - 2013

2 3Impact

Prob

abili

ty

4 5 6


G4-DMA, G4-SO6, G4-SO7, G4-SO8

ComplianceIn 2013, Abengoa set up a Corporate Compliance Program1 in every business area with the aim of preventing, detecting, and sanctioning any conduct that could result in corporate or employee liability. It comprises the self-regulating programs voluntarily put in place by the company to adapt to legal requirements, to further illustrate its hallmark commitment to ethical conduct, and to prevent and detect unlawful conduct.

The Corporate Compliance Program has been developed based on the Open Compliance and Ethics Group (OCEG)2 model, as a concept of management excellence for key corporate governance processes, risk management and compliance.

In 2014, Abengoa implemented the policy relating to this area in a specific Obligatory Compliance Rule (NOC by its Spanish acronym) and its associated control processes. It also developed four specific programs to categorize the actions carried out under the Corporate Compliance Program framework:

› Anti-trust Compliance Program › Data Protection Compliance Program › Anti-corruption Compliance Program › Criminal Matters Compliance Program

Note 1 Further information can be found in chapter 6.2 “Corporate governance, risk management and compliance” of Abengoa’s Corporate Social Responsibility Annual Report.

Note 2 OCEG: organization that promotes a system for integrating good governance, compliance, risk management and ethics in companies.


07 Commitment to sustainability


07.1 Supporting our team’s talent

CSR Annual Report 2014 | 07.1 Supporting our team’s talent page 39ABENGOASOLAR

G4-DMA

1,562 employees comprise our team

In a changing and highly competitive environment, companies search for aspects that differentiate them in a sustainable way over time. Abengoa Solar, with technological development and operations at its core, is committed to attracting, developing and retaining talent as one of the company’s most powerful tools for achieving business success.

Every year Abengoa Solar strives to improve its systems to ensure that it attracts the best talent and it prepares annual personal training plans for employees that enable them to develop their capabilities and skills, providing the company with the best professionals. Our teams are managed using an integral management system that encompasses all HR processes, which ensures the effective implementation of its policies related to human capital.


Our TeamIn 2014 the company’s projects led to a 22 % increase in the global workforce compared to 2013, rising to 1,562 employees. Likewise, the company’s local hiring policy improves its knowledge of the countries where we are present and ensures better adaptation to the environment.

Spain

68.05 % 21 % 95 %

North America

20.36 % 17 % 100 %

Latin America

0.90 % 29 % 100 %

Africa

5.06 % 24 % 100 %

Middle East

4.67 % 22 % —

Asia

0.58 % 11 % 100 %

Oceania

0.06 % — —

Europe

0.32 % 60 % —

—

Employees: % of the total

Women: % per region

Local managers: % of the total

There are no management personnel in this region

G4-DMA, G4-9, G4-10, G4-EC6, G4-LA12


G4-10

The average age of the workforce is 36. The distribution by age range shows how the company’s team is consolidating.

Abengoa Solar also improved the quality employment contract ratio for its personnel in 2014, with permanent contracts accounting for 53 % of the total, 2 % more than in 2013, reflecting the positive trend since 2012, with 49 % temporary contracts.1

In 2014 the number of female employees fell by two percentage points compared to the previous year, from 22 % in 2013 to 20 % in 2014. The percentage of female executives and managers was 17 % in 2014. Abengoa has set targets to improve the ratios of female executives and managers, which apply to all of its business areas, including solar

Note 1 More information in the Appendix II “Social dimension”.

power. The company has set a target for 2020 of 20 % women in senior management roles and 35 % in middle management. For reaching this goal, these objectives will be implemented in the different areas of the company, including Abengoa Solar.

2012

34 %

15 %

7 %

2 % 1 % 1 %

44 %

Age 20-30

Age 31-40

Age 41-50

Age 51-60

Age +60

30 %

16 %

6 %

46 %

28 %

18 %

5 %

45 %

0 %

10 %

20 %

30 %

40 %

50 %

2013 2014

Distribution by contract type Women/Men

Distribution by contract type Women/Men

Indefinite Temporal Internship position

Man 643 578 25

Women 164 131 21

Men Women

Senior managers 34 4

Middle managers 120 27

Engineers and other degree holders

361 152

Assistant and technicias

73 62

Operators 633 50

Interns 25 21


Employee commitment

Abengoa Solar is aware that business excellence is achieved through the work of a talented and committed team. The company therefore pays special attention to employee turnover indicators. In 2014 turnover was 6.5 % compared to 1.9 % the previous year. Of these departures, 1 % was deemed to be critical and mostly related to employees in the 40-50 age bracket.

The turnover ratio of critical employees by gender was 0.22 % for men and 0.15 % for women.

To identify possible areas for improvement, the company uses questionnaires and interviews with employees that voluntarily decide to leave the company. Relative to return workers after enjoying maternity leave and paternity leave, it is observed that the percentage of employees who took up their posts amounts to 98 %, similar to that of previous years.

TrainingAbengoa Solar is committed to continuously developing the knowledge and professional skills of its team as a way of ensuring success in the highly competitive solar sector.

Training plans

To respond to the training needs of the workforce, Abengoa Solar prepares annual personal training plans based on each employee’s competence analysis as part of the company’s Strategic Plan.

Abengoa Solar invests significant resources in training its employees as one of its key objectives in the area of human resources. This is reflected in the increase in the number of training hours provided as well as higher quality courses. A total of 192,962 hours of training were given during the year, 27 % more than in 2013.

The training provided by the company covers general issues as well as specific training plans for different professional categories and functions. Abengoa Solar fully supports mobility and access to training for all its employees, encouraging skills development via online training. In 2014, 50,285 hours were dedicated to online courses, 36 % more than in 2013.

The distribution of training hours by training category in 2014 and the evolution compared to 2013 is as follows:

G4-DMA (empleo), G4-LA1, G4-LA3, G4-LA9, G4-HR2

Parental leave

Nº of employees who excercised their right to

parental leave

Nº of employees who returned to work following parental

leave

Nº of employees who remained their post after

twelve months

Men 39 39 37

Women 15 14 13

2014

2013

Total 2013151,490 hours

14,090

23,211

13,298

52,82135,718

64,680

89,542

11,750

23,122

16,220

Total 2014192,962 hours

Languages

Corporate

EH&S

General

Professional practices

of skills development trainings

192,962 hours


G4-DMA, G4-LA10

Additionally, Abengoa Solar benefits from the training programs that Abengoa offers to the whole organization, participating in the success achieved by Abengoa University. Since 2012, Abengoa University has been a catalyst for strengthening the strategic capabilities of Abengoa’s managers, developing their skills to high levels of excellence.

Abengoa Solar has systems that enable it to measure the effectiveness of its training plans, identifying whether they are aligned with students’ needs in terms of improving their performance as well as business results. In 2014 this exercise revealed an employee global satisfaction score of 3.14 out of 4.00 for the training provided.

Internship program

Abengoa Solar also promotes talent among those looking for their first opportunity in the employment market by offering the chance to acquire practical experience that will effectively use their professional skills while sharing the values and principles of the organization’s corporate culture.

Every year the company signs various agreements with different higher education institutions. The training integration model provides interns with a personal tutor who supports their personal and professional needs.

A total of 79 students participated in this program in 2014. Moreover, this work experience was supplemented with 93,456 hours of theoretical training, which strengthens and complements the abilities developed during the practical part of the program.

Grants for Vocational Education

Abengoa Solar is also committed to offering professional development opportunities for those enrolled in vocational education at centers close to its solar plants, which enables it to strengthen local talent and encourages local hiring in the community. In 2014, the company signed five agreements with vocational education centers and provided more than 1,450 hours of work experience at solar plants.


G4-DMA, G4-LA10, G4-LA11

Attracting and retaining talentObtaining and retaining the best talent in the company is essential for achieving business excellence. Abengoa Solar makes significant investments in tools that enable it to successfully implement its policy for attracting and retaining talent.

The current market highlights the impact that teams can have on the company’s business. Abengoa Solar therefore tries to strengthen the mechanisms available and to develop new ways that allow us to attract the best professionals. In 2014, the company has boosted its presence on the internet and social networks as well as improving its online positioning, which has resulted in an increase in the number of professional applications received via digital media.

The company also measures employee satisfaction using the workplace satisfaction survey, which it carries out every two years. This tool enables the company to discover employees’ perceptions, identify areas for improvement and undertake initiatives designed to improve conditions for employees, helping to retain the company’s talent. In 2014, a total of 755 surveys were completed, with 72.1 % participation.

Marie Curie Postdoctoral Fellowship

Abengoa Solar is a technology company that seeks out the best talent for its proprietary technology research and development and innovative solutions that improve existing solutions, as the key to its competitive advantage in the sector.

In 2014, the company awarded the prestigious Marie Curie Postdoctoral Research Fellowship, promoted and financed by the European Commission, thanks to the participation of Abengoa Solar NT in the European R&D Mantodea project. The fellowship allows the selected person to participate in the research and development of an Abengoa project associated with the European Union during a two year period.

Evaluation tool

Who is it for?

What does it involve?

Scope of the evaluation

Performance management

All employees

Every employee is evaluated annually by his or her direct superior based on a previously defined competency profile, according to position and responsibilities.

1,022 people were evaluated using this system over the course of the year.

360º Feedback

Personnel on the Executive Development Program

Participants include superiors, colleagues, collaborators and the individual being evaluated, and the review is carried out by having all participants complete identical questionnaires.

In 2014, 51 managers were evaluated, involving 293 people including superiors, colleagues and collaborators.

Executive Intercom-munication Program

Executives and managers

Program for ascertaining staff perceptions of their own personal and career development.

A total of 88 people participated in the program in 2014.


G4-DMA, G4-11, G4-LA4, G4-LA8, G4-LA12, G4-HR2, G4-HR3, G4-HR5, G4-HR6, G4-HR7

Protection of human rights

To ensure that its employees’ rights are protected, every person working for Abengoa Solar is subject to supra-company employment regulations, regardless of the nature of their activities or the countries in which they work. In addition to each country’s legislation, the regulations are especially important thanks to the collective bargaining agreements of the sector, territory or the company itself, signed with workers, their representatives or unions, as appropriate.

Abengoa also guarantees that employees will be previously informed of any structural or organizational change that occurs in the company, as a basic labor right, whether at an individual level or via their representatives, within the notice periods established by legislation and in collective bargaining agreements.

The whole organization is expected to take the initiative in improving business processes, working and environmental conditions, and problem-solving. To that end, the company promotes the use of different channels and IT tools, such as Abengoa Easy Management; suggestions via the Employee Portal; and satisfaction surveys.

To prevent incidents related to human rights breaches, the company provides training courses about human rights and anti-corruption matters. In 2014, a total of 1,328 hours of training were given to company employees on these subjects.

Diversity and equal opportunities Abengoa Solar makes an explicit commitment to equal opportunities and non-discrimination regardless of gender, race, color, religion, opinion, nationality, economic status or any other circumstances.

These principles are expressly stated in the company’s different policies (regarding hiring, recruitment, training, performance review, promotion, remuneration, working conditions, family-work life balance, prevention of harassment, etc.).

To ensure equal treatment and opportunities with respect to gender, and to prevent any situations that might constitute labor discrimination, whether directly or indirectly, Abengoa created its own Equality Framework Plan in 2008. This applies throughout the company and compliance is evaluated using the established channels and by annual visits to companies to verify compliance with the SA 8000 guidelines.

As part of this plan, the organization has a protocol for reporting workplace harassment to deal with situations that could be considered as discriminatory. In addition, Abengoa Solar takes part in the Equality Committee organized by Abengoa’s corporate area, which is tasked with monitoring gender equality issues at a global level. In 2014, the Equality Committee met twice for the purpose of analyzing and evaluating the company’s status and to draw up measures to achieve the 2020 target set by Abengoa in this area.2

Similarly, Abengoa Solar is committed to fully integrating disabled people into the company through its social responsibility work. The company is working to incorporate disabled people into social and working life by promoting employment, integration and accessibility. To this end, it supports initiatives aimed at offering employment integration for groups that suffer from exclusion due to various reasons and it prioritizes people above their limitations.

Note 2 Further information is available in Abengoa’s Corporate Social Responsibility Report.

in trainings on human rights issues

664 hours


G4-DMA, G4-EC5, G4-LA12, G4-LA13, G4-HR3

Remuneration policy

The company’s remuneration policy strictly complies with all legislation and ensures equal pay and equal treatment and opportunities between men and women, in line with the principles of equality and non-discrimination required by the company’s policies and commitments.

Employee remuneration is set in line with the salary scale and legislation of each region where Abengoa Solar operates.

The following table shows the percentage paid above the minimum wage for the categories of degree holders and administrative staff, as an indicator of the competitive salaries offered by the company.

2014 % paid above the minimum wage, by category

Country Degree holders Administrative staff

Spain 184 % 39 %

USA 128 % 68 %

Africa 519 % 395 %

Chile 340 % 118 %

The company’s remuneration policy offers supplementary variable remuneration to certain employees, which is used to reward professionals in the company according to their performance and the degree of achievement of their personal targets. A total of 46.7 % of employees benefit from variable remuneration, based on targets.

Overage monthly salary Men (€) Women (€)

Entry level graduate in Spain 1.838 1.838

Entry level graduate in USA 2.220 2.220

Entry level graduate in South Africa 1.123 1.123

Entry level graduate in Chile 1.450 1.450


G4-DMA, G4-DMA, G4-EC3, G4-LA2, G4-LA5

Employee benefits

Abengoa Solar offers numerous benefits to its employees, which contribute to improving their quality of life. These benefits consist of a wide range of services and advantages that are adapted to each region and workforce.

Some of the benefits offered to company employees are listed below.

Occupational health and safety

Ensuring optimal working conditions with regards to occupational health and safety is a top priority for the company. Abengoa therefore implements occupational health and safety systems that are regularly audited by authorized entities that certify the degree of compliance with legislation and their effectiveness. These systems are based on four pillars:

› Principles of Abengoa’s Occupational Health and Safety Policy › Legal provisions that apply in the country where the company

operates › Contractual specifications of the company’s clients in this area › Requirements of the norm OHSAS 180013, international standard on

occupational health and safety management systems.

Abengoa Solar has certified all of its solar facilities and offices in Spain under the OHSAS 18001 standard.

In 2014, work was carried out to develop and implement IT tools, such as Abengoa Easy Management (AEM), which represent a major step forward in terms of controlling occupational risks in companies, work centers and at works sites, and especially in the construction and commissioning of Abengoa’s major projects.

In order to achieve continuous improvement in health and safety matters, the company convenes its health and safety committee every month, which involves senior management and occupational health and safety managers who analyze accident ratios, their evolution and the implementation of reduction plans. Moreover, the activities included in the Walk and Talk program regularly examine work processes, striving to improve how they are managed.

Note 3 OHSAS 18001: International certification for occupational health and safety management systems.

Restaurant servicesat the headquarters in Seville (Spain).

Medical serviceto improve employee healthcare at work centers with more than 300 people.

Gymnasiumat the headquarters in Seville (Spain).

Kindergarten serviceat the headquarters in Seville (Spain).

Free transport services at the headquarters in Seville (Spain).

Tax advice.Free financial and tax advice for employees in the USA

La Antilla summer residenceavailable to all company employees, at subsidized prices, during the summer months in Huelva (Spain).


G4-DMA, G4-LA6, G4-HR4

The company believes that training is a key tool for effectively implementing a culture of prevention in its working practices. To this end, in 2014 Abengoa Solar provided a total of 13,298 hours of occupational health and safety training to its employees, 13 % more than in 2013.

The company has numerous communication channels for strengthening the preventive culture within the organization. The company’s technical staff exchange their experiences and best practices via the Colabora platform, while the monthly publication of health and safety newsletters also helps to disseminate the message throughout the whole workforce.

Awareness initiatives:

› Fourth edition of “Safety Day”. For the first time, in 2014 personal protection equipment suppliers took part in various hands-on sessions in order to maximize the effectiveness of use of their equipment.

› Awards for the best initiatives related to health and safety submitted by employees.

› Recognition of teams that have obtained the best safety records at their solar facilities.

› Awareness messages placed in strategic locations at solar plants. › Regular safety warnings that demonstrate the most common

failings and accidents, accompanied by the corresponding preventive measures. This system, implemented at all operational solar plants, receives common feedback information, reducing the risk of duplicating incidents at other plants.

Abengoa Solar continues to develop resources that contribute to achieving the targets set in its “zero accident” policy, based on supervision, monitoring and training.

Thankfully there were no fatal accidents in 2014.

Health and safety indicators

Frequency rate

Severity rate

Nº of work-related accidents with medical

leave of more than one day

2014 17.84 0.13 16

2013 26.14 0.13 14

2012 14.56 0.10 5

Working days lost due to

accidents

Total absenteeism for

illness (%)

Total absenteeism for work-related

accidents (%)

2014 344 0.79 0.12

2013 269 0.59 0.12

2012 177 0.46 0.11


G4-DMA, G4-LA6, G4-LA7

Some activities, due to the country where projects are located or the associated processes, may result in employees being exposed to certain risks or contagious diseases for which the company establishes various preventive measures.

These diseases include malaria, cholera or tuberculosis, which pose the greatest risk to employees. To prevent them, Abengoa Solar vaccinates personnel that are temporarily or permanently based in countries at risk of these and other diseases; specific medical checks and tests are carried out; and training is given on preventing and contracting these diseases.

In relation to occupational diseases, legionnaire’s disease can be contracted in working environments for anyone working in laboratories. Abengoa Solar implements risk minimization plans as well as providing continuous training and prevention and monitoring of these and other diseases. Chemical treatments are also employed to prevent the appearance of this disease as well as obligatory use of protective equipment.

in H&S training13,298 hours


07.2 Connecting with the social environment

CSR Annual Report 2014 | 07.2 Connecting with the social environment page 51ABENGOASOLAR

The current trend is to carefully scrutinize companies’ performance in relation to their environment, their capacity to interact with stakeholders and the inclusion of stakeholders’ opinions in their decision-making.

The increase in the understanding of the concept of impact –whether positive or negative– and the management of these impacts directly affects the stability of a business. Furthermore, companies’ capacity to influence their supply chain and the involvement of clients in decision-making requires a management model and a business strategy that are connected to the social environment.

Abengoa Solar uses different communication channels to connect with its stakeholders4, which enable us to create stable mutual relationships, communicate information about the company and identify the expectations of the social and economic agents that the company interacts with.

This chapter will analyze the main actions carried out by the company within the framework of its relations with its suppliers, clients, the communities where it operates and society in general, as well as the way in which it works to minimize any negative impacts and boost the positive effects.

Note 4 A map of Abengoa Solar’s stakeholders can be found in chapter 2, “About this report”.


G4-26

From Abengoa to suppliers: › Abengoa Solar website. › Structured procedure for measuring

supplier efficiency. › Safety management system tool. › Visits to suppliers. › Annual report. › Social networks.

From suppliers to Abengoa: › Satisfaction surveys. › Structured procedure for receiving

information and opinions from suppliers.

› Abengoa Easy Management (AEM) software for managing the company’s decision-making and action plans.

› Safety management system tool. › Stakeholder contact e-mail. › External whistleblower channel. › Opinion poll from the Annual Report. › Interviews. › CSR contact e-mail (rsc.solar@

abengoa.com). › Social networks.

From Abengoa to society: › Abengoa Solar website. › Annual report.

› Focus-Abengoa Foundation website. › Press releases. › Corporate Social Responsibility

Department. › Meetings with NGOs and educational

institutions. › Open days. › Trade fairs, forums and conferences. › Corporate blog. › Social networks.

From society to Abengoa: › Press releases. › Communication Department. › Corporate Social Responsibility

Department. › Meetings with NGOs, the media and

educational institutions. › Open days. › Trade fairs, forums and conferences. › Stakeholder contact e-mail. › Corporate blog. › CSR contact e-mail (rsc.solar@

abengoa.com). › External whistleblower channel. › Opinion poll from the Annual Report. › Opinion poll. › Interviews. › Social networks.

From Abengoa to local communities: › Abengoa Solar website. › Annual report. › Focus-Abengoa Foundation website. › Press releases. › Corporate Social Responsibility


institutions. › Open days. › Trade fairs, forums and conferences. › Corporate blog. › Social networks.

From local communities to Abengoa: › Communication Department. › Corporate Social Responsibility


institutions. › Open days. › Trade fairs, forums and conferences. › Corporate blog. › CSR contact e-mail ( rsc.solar@

abengoa.com). › Assessment of beneficiaries of social

action programs. › External whistleblower channel. › Opinion poll from the Annual Report. › Interviews. › Stakeholder contact e-mail. › Social networks.

From Abengoa to clients: › Abengoa Solar website. › Focus groups with clients. › Safety management system tool. › Publicity and marketing. › Trade fairs, forums and conferences. › Periodic visits to clients. › Annual report. › Social networks.

From clients to Abengoa: › Focus groups with clients. › Satisfaction surveys. › Problem Resolution Report software. › Abengoa Easy Management (AEM)

software for managing the company’s decision-making and action plans.

› Safety management system tools. › Stakeholder contact e-mail. › CSR contact e-mail (rsc.solar@

abengoa.com). › Product training days. › External whistleblower channel. › Opinion poll from the Annual Report. › Interviews. › Social networks.

Communication channels with stakeholders5

Note 5 The identified stakeholders have been grouped into four main social and economic groups for the purpose of publishing the communication channels diagram.


G4-DMA, G4-EN33

Outsourcing: This makes it possible to focus on improving knowledge, improving the performance of the core business and incorporating highly professional service by directly involving suppliers in day-to-day operations.

Leadership: The continuous search and contracting of the leading suppliers in their sector ensures innovative solutions that contribute improvements, with a strong technology component, which enables Abengoa Solar to maintain its high levels of competitiveness and quality.

Globalization: Contracting common suppliers across different production centers leads to a more developed and uniform service with standardized scopes. These synergies facilitate the application of global solutions that translate into cost optimization when managing and developing the company’s service and procurement process.

Local development: Focusing on developing and involving local suppliers ensures coverage of the most essential and basic needs, with the subsequent flexibility in relation to consumption and response times. All of this has a positive impact on the commercial and industrial growth of the regions where we operate and ensures close relations with these regions.

The integration of proposed improvements from suppliers leads to continuous progress in productivity and performance. Setting prices based on results is a basic principle of business commitment, but must be accompanied by the integration of human rights and business ethics into the policy on environmental safety.

Every year Abengoa Solar works with its supply chain to maintain its relationships based on trust and mutual benefit which, in addition to ensuring the quality of its products and services, promotes its culture of responsible management and encourages ethical conduct between members of the supply chain.

Supplier relationships are governed by five basic guidelines:

Responsible commitment to the supply chain


G4-DMA, G4-EN33, G4-HR1

Supply chain management

Abengoa Solar is aware of its responsibility in the supply chain and understands the importance of implementing and promoting high levels of social responsibility across all of its activities, including the promotion of the principles of the Global Compact, the Universal Declaration of Human Rights, the Global Reporting Initiative (GRI) and the company’s own code of conduct, ensuring compliance with these and committing to uphold a relationship of trust and mutual benefit with its suppliers.

It therefore provides its suppliers and contractors with the necessary resources to comply with these principles by providing advice and requiring them to sign up to the following initiatives, among others:

Supplier emissions reporting for the greenhouse gas management system (GHG)

Abengoa Solar requires all its suppliers to sign an agreement to implement a greenhouse gas emissions reporting system (GHG), through which all suppliers are required to report the CO2 emissions associated with each order placed by the company. If a supplier does not have this information, the company allows it six months to implement a system that enables it to report the emissions associated with the products and services it supplies.

To ensure a responsible commitment between the parties, breaches in GHG reporting lead to measures that temporarily block new requests with the supplier until the reporting data has been correctly sent. Repeated breaches could lead to the supplier’s definitive exclusion from the supply chain. In 2014 authorization was withdrawn from four authorized suppliers due to deficiencies in their GHG emissions reporting.

Abengoa Solar helps suppliers to calculate their emissions and offers them continuous training that enables them to record their environmental impact in terms of CO2.

Signing of the Abengoa Social Responsibility Code

To manage its business with the highest degree of integrity and utmost respect for those that may be affected by its activities, Abengoa Solar requires all of its suppliers to sign the Social Responsibility Code for Suppliers and Subcontractors, which contains 11 clauses based on the principles of the United Nations’ Global Compact and inspired by the international SA8000 standard.6

By signing this agreement, the supplier not only agrees to manage its business based on the code, but also to be fully prepared to submit to an audit or another type of inspection by Abengoa to verify compliance with these principles.

In 2014, 135 new suppliers signed the Social Responsibility Code.

Labor Social Responsibility Policy and implementation of a management system

Abengoa’s Labor Social Responsibility management system has been designed according to the SA8000 standard, which means that 100 % of Abengoa Solar’s companies have implemented a certifiable system in accordance with this standard.

One of the objectives of this management system is to require suppliers and contractors to comply with Abengoa Solar’s guidelines on labor social responsibility, establishing evaluation and selection procedures based on social responsibility criteria and developing control mechanisms to ensure compliance with this policy.

Note 6 SA8000: Voluntary certification of employment conditions.

In 2014, 135 new suppliers signed the Social Responsibility Code.

“


G4-DMA, G4-EN32, G4-LA14, G4-HR4, G4-HR5, G4-HR6, G4-HR9, G4-HR10, G4-HR12, G4-SO9

Responsible Procurement System

To fulfill the commitments regarding its supply chain, Abengoa continues to develop a system for responsibly managing its purchases, which Abengoa Solar is incorporating into its management model. This process has been designed to be undertaken in different stages depending on the level of criticality.

The system includes sustainability criteria in supplier evaluations and consists of tools and procedures that enable Abengoa to analyze the level of risk of its suppliers. By conducting corporate internal audits, Abengoa tries to prevent conduct that may run contrary to the performance principles established by the company.

The system is being implemented in the three stages: supplier evaluations, critical supplier audits and supplier ratings.

1. Supplier evaluations: risk identification and management

Abengoa Solar treats supply chain sustainability as a management framework that enables it to mitigate risks and identify opportunities. It is therefore a key element for the company’s reputation.

Higher risk suppliers are analyzed every year to evaluate the supply chain in Abengoa Solar’s operations, monitoring suppliers’ involvement and acceptance of corporate policies, determining risk levels and establishing mitigation measures.

This analysis takes into account different variables, such as the supplier’s country, the nature of the product or service supplied or the type of activity it carries out, as well as more subjective aspects derived from the company’s knowledge of its suppliers. To determine the level of risk of the supplier’s country, Abengoa uses recognized international indices for human rights (child labor, discrimination and freedom of association, among others), corruption and observance of political and civil rights.

One of the improvements made this year included changes to the aspects analyzed, in order to include new social and environmental aspects, increasing the number of criteria to consider when performing evaluations from 7 to 19.

In 2014, a total of 782 suppliers were analyzed, none of which were identified as high risk suppliers.7

2. Supplier audits

The aim of this phase is to determine the degree to which Abengoa Solar’s suppliers comply with the principles set out in the Social Responsibility Code. To achieve this, an auditing procedure was created to define the aspects to be reviewed and establish the scope of the work according to the degree of supplier criticality, allowing analyses to be carried out via self-assessment questionnaires or via remote or in-person audits that include visits to the supplier’s facilities.

The audit phase is used when suppliers are identified as being significant risk.

3. Supplier ratings

The last phase of this process consists of rating suppliers based on the evaluation performed. This enables Abengoa Solar to reward best practices and exclude suppliers that fail to comply with the requirements established in the Social Responsibility Code.

Abengoa Solar may end its relationship with any supplier that demonstrates “non-compliance”, unless problems are corrected. In 2014, the company did not have to terminate any supplier relationships.

Note 7 High risk supplier: suppliers that are at risk of breaching the Social Responsibility Code having been analyzed according to specific variables, such as country of location, type of product or service supplied, type of activity or labor practices.

analyzed in 2014782 suppliers


G4-DMA, G4-EC9, G4-EN32, G4-LA14, G4-SO9

In addition, every year the company performs internal evaluations of suppliers that account for 80 % of billing, analyzing their relationship with the company, their level of commitment, the quality of the product or service supplied and any unresolved claims. During this process, improvement opportunities and weak points are identified that are managed by the company.

Local suppliers

Working with local partners enables the company to strengthen and support a local and stable economy, helping to improve living conditions in the regions in which it operates by creating direct and indirect employment and indirectly attracting investment.

Country Local suppliers (%) 2014 Local suppliers (%) 2013

Spain 88 % 91 %

USA 93 % 87 %

In 2014 a total of 66 % of purchases were made from local suppliers. Entering new markets creates challenges when trying to obtain high-tech components locally, which has affected the overall figures compared to 2013. Supply chain in South Africa

South Africa is one of the company’s strategic countries in terms of its natural resources. In 2014, local purchases accounted for more than 90 % of the total. To create local wealth, Abengoa Solar is currently developing an economic stimulus program that will directly impact the region’s business sector.


G4-DMA, G4-EN27, G4-PR5

Client satisfactionEvery year, Abengoa Solar works hard to maintain open and transparent communications with its clients, which enables better management while reducing the associated risks. Its business is guided by its commitments.

This approach to business is verified by accredited entities that certify that the company’s management systems are compliant with international standards such as ISO 9001, which ensures that company processes are aimed at improving client satisfaction year after year. In 2014, 86 % of companies (by sales) were certified according to the ISO 9001 standard.

The company has implemented a management system that measures and evaluates the satisfaction of its clients and partners, dealing with suggestions and complaints as quickly as possible.

Every year, the company carries out surveys of all its clients using questionnaires and sometimes telephone interviews. In 2014, the response rate was 61 % with an overall satisfaction level of 8.4.

Abengoa Solar has also incorporated the Abengoa Easy Management corporate software into its management model to manage the company’s action plans, and to record any incidents and their corrective actions. The software has specifically been designed for Abengoa, which has led to improvements in managing tasks and teams and important progress in the model used for managing know-how and the lessons learned based on employees’ experiences and relations with the rest of the company’s stakeholders. This standardised management approach allows consolidated information to be obtained and broken down by business, area, etc. which facilitates strategic decision-making and allows the company to define specific policies to further develop its culture of excellence and increase client satisfaction.

Abengoa Solar offers innovative technology solutions for sustainability that allow our clients to reduce their impact on the environment.

“


Abengoa Solar’s relationship with societyAbengoa Solar is committed to growing together, which means integrating the community’s values into the company’s philosophy. Identifying its needs through open dialogue enables us to satisfy the community’s expectations through social investment and to maximize the company’s positive impact on the environment in which it operates.

In addition to strengthening the positive impacts by placing stakeholders at the center of this management process, the company also strives to reduce the negative impacts of its daily operations.

invested in social initiatives

293.5 K€


G4-DMA, G4-EC7, G4-EC8, G4-EN27, G4-SO2

The company is aware of the inherent risks in certain industrial processes and has implemented monitoring and control systems to evaluate the performance of its activities. It is fundamental to have a methodology that can manage (prevent and mitigate) any potential negative impacts that could arise from its projects, designing preventive and corrective measures that are appropriate for any given situation.

In 2014, the company’s main projects, both under construction or in operation, which generated the greatest public benefit, were as follows:

Project nameInvestment for public benefit Direct impacts Indirect impacts Region

Investment made as at 31.12.2014 (%)

KaXu Solar One 100 MW parabolic trough plant.

Supply of clean energy for 90,000 households.It will prevent the emission of 315,000 tons of CO2eq every year.Creation of direct employment.

Employment generated in the supply chain (indirect job creation).Development of the service sector in areas close to projects.

South Africa

90

Khi Solar One 50 MW superheated steam tower.

Supply of clean energy for 45,000 households.It prevents the emission of 183,000 tCO2eq.Creation of direct employment.


South Africa

82

Mojave Solar 280 MW parabolic trough collector plant.

Supply of clean energy for more than 54,000 households. It prevents the emission of 350,000 tCO2eq. every year.Creation of direct employment.


USA 99

Plant Description Country Potential negative impact Mitigation measures implementedAffected stakeholders

Solaben 1,3,4,6

STE plant with parabolic trough technology

Spain Visual impact due to chromatic differences between the installations and the natural environment.

Reduction of the visual impact by promoting reforestation via various actions: screening plants and woodland planting between the ridge and the perimeter fence. This action was completed in 2014, although maintenance work will be performed in future years. In 2015, areas where the planting has not been successful will be replanted as necessary.

Local community

Solana STE plant with parabolic trough technology

United States

Reduction in visibility on the adjacent highway due to dust from the project site.

A watering system is due to be installed to dampen the identified areas that cause this problem, reducing its occurrence.

Local drivers

Reflection of sunlight on certain mirrors first thing in the morning when they face east. This reflection is visible from the nearest highway.

It has been decided to adjust the aforementioned mirrors to a different position during the early hours of the morning until the sun is sufficiently high to prevent this reflection from occurring.

Solacor STE plant with parabolic trough technology

Spain Access to the platform crosses a section of public highway used by the community for walking. The risk of an accident and damage to the road surface has increased due to more traffic.

The risk has been mitigated by the local administration by improving access and signage.

Local community


G4-EC1

Furthermore, in terms of the impact that society could have on Abengoa Solar, some issues are critical for the company and relate to the way that its activities are affected by different social agents.

Positive impact on local communities

Social investmentEvery year Abengoa Solar makes significant investments as part of its commitment to the community, generating benefits for the company that are based on intangible values and which are part of maintaining its “social license to operate”.

In 2014, the company decided to report its social performance based on the criteria and methodology of the London Benchmarking Group (LBG). This model defines a system that measures, manages, evaluates and reports the contributions, achievements and impacts of the company’s social actions on the community, which enables greater transparency and comparability of the information.

In 2014, the company invested 293.5 K€ in social action, 5 % more than in 2013.

Main risks involving society in relation to Abengoa

Economic impact Social impactEnvironmental impact

How Abengoa manages these risks

Need for a stable legal framework.

Missed opportunities or financial instability due to a loss of trust among investors.

Migration to countries with more advantageous regulatory frameworks.

Failure to comply with legal requirements.

Abengoa has internal systems in place that provide it with information about changes in legislation and the regulatory environment in the countries where it operates.

Adaptation of the company to the environment in which it operates.

Difficulties in securing financing in certain regions.Lack of access to raw materials in changing environments (due to either scarcity or higher prices).

Cultural clashes. Social rejection of certain projects.

Regions with limited resources.

Abengoa has a global risk management system for identifying and controlling risks, which allows the company to address global risks and adapt to changing environments.

Communication with local communities.

Obstacles to proper project development.

Social rejection of the project. Loss of trust and credibility.

Not applicable. As well as investing in the project itself, Abengoa Solar invests in development projects in its areas of influence. Open days are held periodically with the local community.


G4-EC1

Distribution of social actions by activity area

Geographical distribution of the investment in social action

Social investments

55 %

Initiatives aligned with the business

33 %

One-off contributions

12 %

Breakdown of the investment in social action

CategoryInvestment

in k€


44.3 Five contributions were made related to art, culture and humanitarian aid.

Social investments

152.1 11 social investments were made in local communities, all in South Africa, in areas close to Abengoa Solar’s projects.


97.1 Two actions were performed that were aligned with the business.

Total 293.5

Breakdown of the investment in social action

CategoryInvestment

in k€


44.3 Five contributions were made related to art, culture and humanitarian aid.

Social investments

152.1 11 social investments were made in local communities, all in South Africa, in areas close to Abengoa Solar’s projects.


97.1 Two actions were performed that were aligned with the business.

Total 293.5

Activity areaInvestment

in k€

Education 20.44

Healthcare 7.22

Economic development

125.37

Environment 5.29

Art and culture 70.18

Social welfare 37.14

Humanitarian aid 21.26

Other 6.64

Total 293.530

10

20

30

40

50

60

0

10

20

30

40

50

60

Education

Spain

Healthcare

Latin America

Economic development

Africa

Environment

USA

Art and culture

Social welfare Humanitarian

aid

Other

Region Investment in k€

Spain 89.27

Latin America 17

Africa 170.35

USA 16.71

Total 293.53


G4-DMA, G4-SO1

Social investment by region In 2014, Abengoa Solar launched initiatives to promote local development, education, culture and the environment. The company also opened two new centers for Abengoa’s most important social program, “People, Education and Communities (PE&C)” in South Africa and Chile – the “Committed to Development” initiative seeks to promote social development through education.

The most important social initiatives carried out by the company in 2014 were:

South Africa

> Launch of PEyC in South Africa

In 2014, Abengoa Solar started to implement the PE&C Program in South Africa, which will address the needs of the communities located close to KaXu Solar One, in Northern Cape.

The PE&C Program promotes integration of the most vulnerable groups of the population through education. With a long-term horizon, the program always works with local organizations to adapt to the unique characteristics and needs of each community.

Main areas that the program will develop in the region

› Community education and informal education: support programs that supplement formal education. Community education workshops will also be carried out for other groups in the community, in addition to children.

› Social sports: promoting values such as equality, non-discrimination, teamwork and civic responsibility as members of the community.

› Food security: it will cover all those actions involving community kitchens, schools and community gardens that are related to improving the conditions and knowledge of the local population in this subject area.

› Prevention of drug addiction and alcoholism through specific programs

› Development of communal infrastructures that promote the development of communities in general.

The PE&C Program also participates in special days organized by local communities and through its work it supports solutions for communal needs. In 2014 it celebrated the International Day of People with Disabilities, together with local associations, as well as collaborating in the humanitarian aid work helping families affected by the torrential rains that occurred in October.


G4-DMA, G4-SO1

In addition to launching the PE&C program in South Africa, in 2014 Abengoa Solar carried out other social actions in this country, including:

> Building relations with stakeholders

From the start of construction of the Kaxu Solar One and Khi Solar One projects, Abengoa Solar has encouraged dialogue with the community as a way of becoming more involved with it and understanding its needs and expectations.

As part of its work to build relationships with the community, in 2014 the management of KaXu Solar One held monthly meetings with the community to which it invited residents to participate by issuing online invitations, welcoming more than 100 people every month.

The company also held open days at the two STE plants in the region to raise awareness about the development of the projects and the solar technology used in them, based on talks from the plant’s managers. More than 1,000 people attended each of these days from the different local communities, together with employees and government officials. The events ended with a lunch for all of the guests at the solar plant.

As part of its commitment to local communities, Abengoa Solar also laid on transport for members of the community to get to the re-election meeting of the representatives of the Community Trust of Khi Solar One, in order to maximize the community’s involvement in the process.

> Donation of materials to a local school

As a way of supporting education in the South African region where it operates, the company signed a collaboration agreement with Onseepkans Secondary School to improve its infrastructure. The school’s computers were repaired and all of the software was updated and a series of domestic appliances were also purchased for the school dining room.

> Celebration of Mandela Day

July 18th is a special day in the South African calendar, when the country pays tribute to the iconic South African leader, Nelson Mandela. To celebrate, various tasks were performed to support the community, including encouraging people to donate their time and to care for other members of the community. Abengoa Solar wanted to contribute by collaborating with local associations and members of the community, such as Women against Crime, with which it shared more than 80 boxes of food and 240 blankets distributed among the more vulnerable families in the communities close to the Kaxu Solar One and Khi Solar One plants.

> Educational talks about solar power

During the year, the Khi Solar One project manager visited schools in the region to talk to students of different ages about solar thermal technology and the basic principles behind this source of renewable energy. The purpose of these visits is to improve the general understanding of renewable energy in schools.

> Celebrating World Aids Day

An awareness day was held about the Human Immunodeficiency Virus (HIV) on December 1st in Upington, Northern Cape province. The day, organized by the South African Department of Health in collaboration with local authorities, began with a march through the streets of Upington to raise awareness of this issue. Stands were also set up to hand out information about this disease and methods of preventing it, while healthcare teams provided free HIV tests. Participants were also able to attend practical classes about the benefits of good healthcare habits.

The team from Abengoa Solar supported the initiative by helping as volunteers during the marathon. The company also contributed by purchasing and distributing drinks during the day.


> Sponsorship of the Christmas Lights Festival in the Kai Garib region

In December, Abengoa Solar signed an agreement with the local authorities in the Khi Solar One area to collaborate in the traditional Christmas Festival that marks the start of the festivities, by turning on the Christmas lights that decorate the streets during this period. The festival took place in various towns in the region and featured live music, local artisan stalls and activities for young children.

United States

In 2014, Abengoa Solar continued its commitment to promote education and to support Native American communities located close to the solar facilities that it operates in the country. The initiatives undertaken included the following:

> Signing of a collaboration agreement with a Native American tribe in California

At the end of 2014, a collaboration agreement was signed with one of the Native American tribes that originated from the state of California to preserve and study the archaeological remains that could be found in the area where the project is located. The goal is to preserve Native American culture and recognize the importance of its history by raising awareness in the community.

> Promotion of environmental education in Mojave

Once again Abengoa Solar collaborated with the Mojave Environmental Education Consortium (MEEC). MEEC is a non-profit organization that carries out different educational activities for students in this part of California related to the environment, as well as raising awareness about the importance of responsible conduct. The main activities involving the company were as follows:

› Sponsorship of the Youth Environmental Leadership Conference (YELC). Organized by MEEC for secondary school students, groups of students from all schools in the region were invited to attend. Abengoa Solar was also present to explain the basic principles of solar power to these young people.

› Sponsorship of the solar-powered oven competition for students.Abengoa Solar collaborated with MEEC to organize a competition to create a solar oven. Around 40 secondary students from various schools in California entered the competition. The students not only had to design and manufacture a solar oven, but also had

In 2014, a project was launched at the Pofadder kindergarten, which has 40 children, to supply the necessary food every month to prepare the children’s daily menus as defined by the centre. The PE&C team will supplement this initiative in 2015 with a nutritional monitoring program in which experts will study the evolution of the children’s nutritional indicators and will train members of staff in nutritional and dietary matters in order to strengthen the skills and knowledge of the kindergarten’s staff.


to demonstrate its viability by cooking food in it. The competition ended with a prize-giving ceremony for the winners selected by the jury.

> Promotion of education in Solana

In 2014, Abengoa Solar launched an educational tour programme for Solana, aimed at groups of students that are interested in technology, engineering, science and renewable energy.

Spain

The initiatives carried out by the company in Spain include:

> Collaboration agreements

The company has traditionally used this form to contribute to social development in the communities where it is present. The agreements promote education, culture, sport or the environment as well as investments to improve infrastructures that benefit the community as a whole.

In 2014 the company once again renewed its collaboration agreement signed with Aznalcóllar town hall to promote its cultural and sporting activities as well as protecting the most vulnerable groups. Some of the initiatives included the sponsorship of the municipal music school, the Book Week and support for the local association of disabled people.

In El Carpio (Córdoba), the company was involved in renovating the municipal sports center, tripling the potential uses of the court by installing new basketball hoops. In the field of education, Abengoa Solar signed a second agreement through which it will help to construct a new study room for the municipal public library, which will be completed in 2015.

In the municipality of Logrosán, close to the Solaben plant in Extremadura, the company funded the signage for the paths that lead to the archaeological remains discovered in the municipality, as a way of promoting cultural tourism in the town and preserving its local culture. These routes are extremely popular among walking enthusiasts in the region.

In Arenas de San Juan the company provided equipment for the new municipal sports center to promote healthy lifestyles in the area.


> Talk at the University of Castilla La-Mancha

A seminar was held at the Engineering College of the University of Castilla La-Mancha, at which Abengoa Solar employees gave a scientific and technical talk to the engineering students.

The talk, which was attended by more than 100 students, was led by the engineering manager of Abengoa Solar’s solar platforms in Spain. The quality manager and the production manager from the solar plant in Castilla La-Mancha also took part.

> Educational visits to solar platforms

In 2014 the company invited university students and researchers to visit the Solúcar Solar Platform in the province of Seville. Participants had the opportunity to take a tour of the plants to see the different solar technologies currently available.

In 2014, more than 670 students, researchers and other personnel from national and international universities visited the Solúcar Solar Platform.

> Publication of the book “La Parroquia de Santa María la Mayor, testimonio de fe y esperanza desde el siglo XIII hasta nuestros días” (The church of Santa María la Mayor, a testament of faith and hope from the 13th century to the present)

In Sanlúcar la Mayor, the community where the Solúcar Solar Platform is located, the company has contributed to the publication of a book about the history of the village and its 13th century church.

> Open days at Campus Focus-Abengoa and the Solúcar Solar Platform

In December, more than 70 people from the towns and villages surrounding the Solúcar plant and more than 100 Abengoa employees, together with their families, enjoyed a day spent at the plant, visiting its installations and the Focus-Abengoa Foundation center that is nearby.

> Corporate volunteering

In 2014, Abengoa Solar employees volunteered to help with activities organized by the PE&C program at its center in Torreblanca, Seville, such as an event in September to mark the start of the school year. Employees helped to distribute schooling and educational material and enjoyed a series of performances by the younger children. The team from Abengoa Solar was also present at the Christmas celebrations, helping with the campaign to collect new toys and food for families in Torreblanca, which were handed out during the day. The volunteers also attended the traditional Christmas party that the children hold in the event room at the center.

In 2014 our employees provided 332 hours of volunteer work.


G4-DMA, G4-SO1

Chile

The company is currently constructing the Atacama 1 solar plant in the Atacama Desert. The main activities carried out during 2014 were:

Study and diagnosis of social needs in María Elena

The PE&C team in Chile carried out an analysis of the community and the infrastructures in the area to define the priority working areas to achieve social development that will be sustainable over time.

Promotion of renewable energy in education centers

Abengoa Solar provided educational talks to young people in the region about different types of renewable energy and the characteristics of solar power.

PE&C Programme, committed to development

PE&C (People, Education and Communities) is the name of the social development program of the Focus-Abengoa Foundation. The Foundation has more than 30 years of experience promoting the social and cultural development of communities where Abengoa operates.

The program was launched in 2005 in Argentina and is now present in nine countries. Its mission is to achieve social development through education and integrating the most vulnerable groups in society.


07.3 Responding to the demand of energy

CSR Annual Report 2014 | 07.3 Responding to the demand of energy page 69ABENGOASOLAR

ID3

Main lines of R&D and innovation in energyAbengoa Solar has various active lines of research in the field of energy. The goal is to ensure that newly developed technologies can be commercialized in the near future, in new niche markets. The most important lines are listed below.

Thermal storage

Abengoa Solar is working to reduce costs, increase efficiency and improve the manageability of its solar plants. The commercial thermal storage technologies that it has developed, which it continues to improve, can be classified into the following types:

› Molten salts storage: ° Indirect: A heat exchanger is used to transfer the calorific energy from the fluid that absorbs the concentrated solar radiation (thermal oil) to the molten salts (Solana, Arizona, USA).

° Direct: Molten salts directly absorb the concentrated solar radiation and store the thermal energy in specially designed tanks (Atacama 1, Antofagasta, Chile).

› Steam accumulator: Uses a thermally insulated tank that contains pressurized hot water and steam (Khi Solar One, Northern Cape, South Africa).

The development of these technologies in different pilot plants enables Abengoa Solar to test their efficiency prior to commercialization, to gain experience of using them and to progressively improve their efficiency


Photovoltaic powerPhotovoltaic energy is another major research line for Abengoa Solar.

During 2014, Abengoa Solar has continued to develop thin film photovoltaic technology used for high concentration photovoltaics8 (HCPV). A high concentration photovoltaic demonstration plant has been constructed in the USA (SolarTac in Denver) as well as a 400 kWp commercial plant in France. In the field of low concentration photovoltaic technology (LCPV), in 2014 Abengoa collaborated with the Fraunhofer Institute, the Spanish Higher Council for Scientific Research (CSIC), the University of Seville and the University of Cádiz to design and develop the concept and to construct a functional prototype, which is currently being monitored and evaluated at the Solúcar platform in Seville (Spain).9

Power systemsAbengoa is working on the Smart Solar Plant (SSP) project to develop new solar plants. These plants combine photovoltaic and STE technology with thermal and electrochemical storage to achieve optimal integration with the power network. In addition to generating clean energy at a lower tariff, these plants will be capable of providing backup services to the power network, optimizing their use in the most competitive power markets. The impact and viability of this new type of plant is currently being analyzed in different energy markets such as USA, Chile, South Africa or Germany.

Note 8 Concentrated photovoltaics (CPV) is a technology that employs lenses, curved mirrors and other types of optical devices to generate electricity by focusing a large amount of sunlight onto the smallest possible number of photovoltaic cells. In comparision with ordinary photovoltaic systems, CPV helps lower costs. High-concentrating (HCPV) systems use optics which concentrate light at an intensity of 1,000 suns or more.

Note 9 Low concentration (LCPV) systems have solar concentration of 2 to 100 suns. CSIC (acronym in Spanish for Spanish National Research Council) is the largest public institution dedicated to research in Spain and the third largest in Europe; its main objective is to develop and promote research to bring about scientific and technological progress.

Solar power 24 hours a day

In 2014, Abengoa Solar was selected by the Chilean Ministry of Energy and Corporación de Fomento de la Producción (Corfo) to develop the largest solar project in Latin America. This contract forms part of Chile’s national renewable energy program, intended to provide Chile with a cleaner energy future. Chile intends to produce 20 % of its electricity from clean energy sources by 2025.

The complex will be located in the Atacama Desert, the region with the highest concentration of solar radiation in the world. It will consist of a 100 MW photovoltaic plant and a 110 MW STE plant using tower technology, with 17.5 hours of thermal energy storage in molten salts, which will enable it to produce renewable energy, uninterrupted, 24-hours a day.

Once commissioned, it will prevent the emission of around 870,000 tons of CO2 each year and will supply energy to the residential and industrial sectors thanks to the combination of both technologies.

The construction, operation and maintenance of this complex will act as a catalyst for regional and national socio-economic development, generating an average of 1,100 direct jobs, peaking at up to 2,500. Some 60 direct long-term jobs will be created when the project comes into commercial operation.

Construction on the project began in July 2014 and will end in March 2017.


G4-DMA (economic performance), G4-EC2

Risks and opportunities associated with climate changeAbengoa Solar’s business model and strategy are designed around the creation of innovative technology-based solutions for sustainability, in which climate change plays an essential role.

Abengoa therefore conducts extensive analysis of the different aspects associated with climate change, including potential regulatory or physical changes, with the aim of protecting the company’s assets, contributing to mitigating inherent risks and exploiting potential business opportunities that may arise as a result of this phenomenon.

The financial implications of the risks and opportunities related to climate change and the measures adopted by the company to address them are outlined below:

Risk Management of the risk Opportunity

The current backdrop of uncertainty regarding the continuation of the Kyoto Protocol could reduce capital investment in emissions reduction and renewable energy projects in developing countries.

Abengoa Solar, as part of Abengoa, is included in the regular meetings held by Abengoa with the Spanish Climate Change Office to analyze the evolution of carbon markets and to monitor national and international policies.

Activities involving thermal energy will not have any free allowances over the 2013-2020 period. This represents a tremendous opportunity for carrying out low carbon activities with free allowances.

According to IPCC forecasts, certain geographical areas are expected to experience a rise in temperature and a drop in average precipitation. Furthermore, a decrease in annual precipitation could result in an increase in the number of sunlight hours, boosting energy production at solar plants located in these areas. Public awareness about climate change presupposes that Abengoa Solar’s stakeholders will pay increasingly more attention to the company’s measures aimed at combating climate change.

Consequently, activities that voluntarily comply with the rules and regulations related to climate change will have a positive effect on the company.

Variations in environmental conditions (changes in temperature, precipitation levels, rising sea levels, increase in natural disasters, etc.) could lead to water scarcity, destruction of facilities and/or stoppages of company operations in affected regions.

Abengoa Solar addresses this risk by taking into consideration worst-case meteorological and environmental parameters and by raising safety levels in project and process design. It also analyses and monitors the inputs to the thermal processes that take place in solar plants.


G4-DMA (economic performance), G4-DMA (energy), G4-EC2, G4-EN3, G4-EN4, G4-EN5, G4-EN6, G4-EN7

Abengoa Solar’s business is characterized by its potential influence on climate change. The company therefore takes into account all of the factors related to the business that could impact its natural surroundings, including the emissions associated with its products and services. Aware of its responsibility, the company engages in a wide range of initiatives that help to mitigate these impacts and which involve every area in the organization.

Energy and emissions indicators

Energy

Abengoa Solar converts solar energy into electricity, addressing the growing global demand for power in a responsible way, while offering more environmentally-friendly solutions that also prevent the use of natural resources. In 2014, energy production was of 2,163.34 GJ, a 43 % more than in 2013

The company is also an energy consumer. Abengoa Solar’s direct energy consumption associated with its production processes is shown below, by type of fuel

Energy (GJ) 2014 2013 2012

Natural gas 1,644,386.35 1,180,794.00 2,476,684.00

Oil derivatives 49,407.44 51,542.00 76,228.00

Biofuels - - -

Total energy 1,693,793.79 1,232,335.00 2,552,912.00

Furthermore, the facilities, work centers and projects directly executed by Abengoa Solar consume intermediate energy in the form of electricity.

Intermediate energy (GJ) 2014 2013 2012

Electricity 500,557.38 458,506.00 208,621.00

Indirect energy consumption (GJ)

2014 2013 2012

Primary renewable source 987,657 160,129 81,540

Primary non-renewable source

779,933 927,937 396,078

One of the company’s priority sustainability objectives is to improve the energy efficiency of its activities. As a result, every year Abengoa Solar identifies measures that help to reduce its energy consumption.

One of the adopted measures is the optimization of the functioning of the LAC pumps at the El Carpio Solar Platform, which has led to a reduction of 539 tons of CO2. Liquefied natural gas consumption has also been reduced at the solar plants in Solúcar, El Carpio, Castilla La-Mancha, Extremadura and Écija (Spain), equivalent to 38,379 tCO2eq.


G4-DMA, G4-14, G4-EN15

Greenhouse gas emissions

Abengoa Solar has prepared a greenhouse gas inventory since 2008. The inventory is managed by an internal tool that forms part of the Integrated Sustainability Management System. The consolidated nature of this system enables emissions reduction plans to be drawn up and CO2 labelling to be developed for the products and services supplied by the company.

Abengoa’s emissions management system is independently verified every year according to the ISO 14064 standard10. The information shown below comes from the data included in the GHG emissions report verified by AENOR for 201411.

Note 10 ISO 14064: International environmental certification that provides credibility and assurance of greenhouse gas reduction and omissions reports.

Note 11 More information is available in chapter 8 “External verification”.

Scope 1 emissions

The GHG emissions derived from sources that belong to or are controlled by Abengoa Solar are detailed below, by type of source.

Generic emissions (t CO2 eq)

2014 2013

Mobile combustion 3,095.19 3,069.28

Stationary combustion 92,927.64 66,702.66

Fugitive emissions 1,337.65 8.7

Processes - -

Total 97,360.48 69,780.64

Scope 1 emissions by type of GHG

Scope 1 emissions- by tipe GHG

CO2 CH4 N2O HFC SF6

Mobile combustion 3,038.39 6.02 50.76 - -

Stationary combustion 92,522.35 104.42 300.88 - -

Fugitive emissions 0.10 1,328.95 - 8.61 -

Processes - - - - -

Total 95,560.84 1,439.38 351.65 8.61 -


G4-14, G4-EN16, G4-EN17, G4-EN18

Scope 2 emissions

Emissions from electricity generated by other entities and acquired and consumed by Abengoa in all its activities.

No thermal energy was consumed in 2014.

Scope 2 emissions – GHG (t CO2 eq)

2014 2013

Electricity consumption 48,244.49 54,838.90

Thermal energy consumption - -

Total 48,244.49 54,838.90

Scope 3 emissions

Indirect emissions that are a result of the company’s activities, but which occur in sources that do not belong to the company or are not controlled by it.

Scope 3 emissions – GHG (t CO2 eq)

2014 2013

Supplies purchased 155,935.13 49,082.72

Work-related travel 3,887.45 4,560.74

Workplace commuting 2,397.71 1,568.65

Losses in electricity distribution 4,930.85 5,670.83

Value chain of the fuel consumed in purchased energy

11,848.45 8,780.73

Total 178,999.59 69,663.67

GHG emissions by activity segment

Abengoa Solar structures its business around two activity areas: concession-type infrastructures and industrial production. The distribution of the scopes by activity segment in 2014, based on this business structure, is shown below.

GHG emissions by activity segment (t CO2 eq)

Concession-type infrastructures

Industrial production

Total

Scope 1 4,432.84 92,927.64 97,360.48

Scope 2 - 48,244.49 48,244.49

Scope 3 16,779.30 162,220.29 178,999.59

Total 21,212.14 303,392.42 324,604.56

Emissions intensity

To objectively quantify the evolution in GHG emissions, Abengoa Solar uses ratios. In other words, the emissions from different indicators are weighted. The evolution of the weighted emissions compared to sales, EBITDA and the number of employees in the last three years is shown below.

2014 2013 2012

GHG emissions / Sales (t CO2 eq/k€)

0.39 0.34 0.61

GHG emissions / Workforce (t CO2 eq/ persona)

238.86 151.31 334.49

GHG emissions / EBITDA (t CO2 eq/ M€)

1,097.01 484.50 1,043.80


G4-DMA, G4-14, G4-EN19, G4-EN20, G4-EN21

Reduction of GHG emissions

Abengoa Solar prepares an emissions reduction plan every year that seeks to continuously improve its processes and consolidate a culture of responsibility within the organization. After each implementation period, the company evaluates the effectiveness of the initiatives carried out and defines objectives for the new period.

Abengoa Solar has contributed to combating climate change by reducing its total emissions by 3,800 tCO2, achieved by optimizing its production processes, promoting carbon capture systems and prioritizing purchases that are less emissions intensive.

The most significant initiatives carried out during 2014 include the operational optimization of the Helios I and Helios II plants and the Solacor I and II plants (Spain), to reduce their electricity consumption. The measures focused on making changes to the programming logic associated with their functioning, start-ups and stoppages, achieving a reduction of 2,446 t CO2.

Other emissions

Abengoa Solar understands the impact that emissions have on the environment and places special emphasis on implementing emissions control mechanisms and establishing annual reduction plans.

In 2014, no significant emissions of substances that deplete the ozone layer, derived from the company´s activities, were recorded via Abengoa Solar’s reporting channels.

The NOx, SOx, CO, VOCs and particle emissions recorded are listed below by weight:

NOx, SOx and other atmospheric emissions (t)

4.70

2.00

67.82

10.00

7.00

66.66 51.00

15.003.89

14.00

1.001.38

7.00

1. 005.69

8.00

2014 2013 2012

SOx

Particles

VOCs

NOx

CO

CAP


07.4 Managing the available natural resources

CSR Annual Report 2014 | 07.4 Managing the available natural resources page 77ABENGOASOLAR

G4-DMA (materials),G4-EN1, G4-EN31

Thanks to its business model and its management and operational processes, Abengoa Solar positively contributes to responsible resource management through the production and transmission of clean energy.

This chapter describes how the company manages and efficiently consumes resources.

Main environmental indicatorsAbengoa seeks to minimize the environmental impact of its activities and its resource use. To accomplish this, the company invests in developing improvements to its processes in pursuit of optimum efficiency. In 2014, environmental investment and expenses totaled € 1,205,876.

The company also relies on training as a means for achieving excellence in its business activities. All employees must be aware of the company’s commitment to efficiency and the environmental impact of its activities. For this reason, environmental training hours have jumped by 90 % since 2012 to 3,493 hours in 2014.

There were no fines or sanctions for breaching environmental laws or registered in 2014.

Efficient use of resources

The company studies its consumption of raw materials and its use of natural resources in order to establish effective measures that optimize their consumption.

Raw materials (t) 2014 2013 2012

Oils, fats and waxes 1,586.80 454.00* 3.00

Non-renewable chemical products and additives

17,868.30 127,036.00 1,687.00

Ferrous metallic materials - 4.00 -

Ceramic and glass materials 6,769.49 30,926.00 -

Renewable chemical products and additives

- 1,115.00 464.00

Fossil-based materials - - * -

Aggregates and natural stone 0.80 - 1.00

Coating materials (paints, varnishes, etc.)

232.09 1,175.00 -

Non-ferrous metallic materials (aluminum)

0.15 - 319.00

Non-ferrous metallic materials (copper)

0.02 208 -

Plastics 0.09 17 -

Paper 6.13 7 8.00

Non-ferrous metallic materials 1.46 129.00 144.00

* The figure for 2013 has been amended after a calculation error was identified.


G4-DMA (effluents and waste), G4-EN23, G4-EN30

Management of waste

Abengoa Solar has established cyclical mechanisms that help to minimize the impact of waste by recovering as much as possible.

Recovered waste

In 2014 a total of 1,524.10 tons of waste were recovered, equivalent to 10.07 % of the waste generated.

Waste (t) 2014 2013 2012

Deposits 345.61 20,090.00 807.00

Recycled 71.89 262.00 373.00

Reused 4,826.05 1,260.00 -

Recovered 1,524.10 814.00 162.00

Physical-chemical elimination

9.54 1,409.00 3,013.00

Reused 4,825.54 1,260.00 -

Others 8,642.95 14,129.00 428.00

Abengoa Solar’s activities generated 15,426.63 tons of waste in 2014, some 60 % less than in 2013. Only 1.93 % of all waste is considered to be hazardous12.

Non-hazardous and hazardous waste (t)

The transport of hazardous waste can pose a danger to human health as well as the environment. Furthermore, poor management of these wastes creates liabilities due to breaches of legislation. The company ensures that this activity is carried out by authorized management companies, thoroughly analyzing the toxicity of the waste and the destination country.

Note 12 More information in Appendix III “Environmental dimension”.

2014 2013 2012

Non-hazardous waste

Hazardous waste

Waste policy

Optimize

Increase

efficiencyValorize

Wastes

Raw materialProductive Process

298,42

26.919,00

12.087,00

3.826,00959,00

15.128,21


G4-DMA (effluents and waste), G4-EN8, G4-EN9, G4-EN10, G4-EN22, G4-EN24, G4-EN26

Water: efficient consumption

During the water capture stage, Abengoa Solar identifies the origin of all its water sources in order to verify that none of them are included in the Ramsar list of wetlands13.There were no reports in 2014 of any especially sensitive source, or of any source in which annual water consumption accounted for more than 5 % of its total.

Source of water capture (m3) 2014 2013 2012

River water 6,679,342 6,445,000* 3,272,809

Mains water 63,167 80,870 1,797

Well water 3,853,771 1,001,000* 615,893

Rain water 295,553 1,890,663 169,084

Used water 326,274 783,567 -

Total 11,218,107 10,201,100 4,059,583

* The figure has been amended after an error was identified in the data published in the CSRR 2013.

In relation to the type of use,100 % of the water captured by Abengoa Solar is used as process water.

Abengoa Solar also promotes water reduction and reuse. In 2014 reused water accounted for 2.91 %14 of the total volume of captured water.

Note 13 Ramsar List: list of wetlands of international importance published by the Convention on Wetlands, an intergovernmental treaty that serves as a framework for the Convention and the rational use of wetlands and their resources.

Note 14 This calculation excludes water used in desalination processes..

Discharges and spills

The figures for discharges and losses from spills that occurred from our activities are shown below.

Discharges (m3) 2014 2013 2012

Discharges into surface water resources

2,709,817 2,437,343 2,190,385

Discharges into sewerage networks or external treatment facilities

18,303 80,705 1,247

Discharges from land filtration 226,241 212,478 178,810

Total 2,954,362 2,730,526 2,370,442

In the case of accidental spillages, a total of 19 incidents were recorded in 2014, none of which had any type of significant impact on the environment. The cost of actions taken by the company to correct the damage caused was € 64,217.81, including the cost of removing waste generated during the incident.

Abengoa is committed to correctly treating any water used to remedy potential damage. Consequently, this water undergoes appropriate treatment prior to being discharged, which ensures that the final quality of this water is within the limits established by law.


G4-DMA, G4-14, G4-EN11, G4-EN12, G4-EN13, G4-EN14

Biodiversity

Abengoa Solar promotes the preservation of biodiversity through actions to minimize the impact that its activities could have on the environment.

Before embarking on a project, Abengoa conducts environmental impact studies to identify and assess the impact that its activity will have on the environment. More specifically, the company analyses whether each of its facilities will impact protected areas, including the flora and fauna affected.

Among the initiatives conducted during the year, the most significant ones are the bioremediation rafts installed in the solar plant in Extremadura, Spain. This raft contains plants that transport oxygen that contributes to the process by which microorganisms degrades organic components in the water. Additionally, a bioremediation raft has been built in Solana (Arizona, USA) that will treat the polluted soil by using these biological processes for the preservation of the land and reusing it in the future.

Global Footprint

In 2013, Abengoa Solar joined an initiative to develop an internal standard by Abengoa referred to as the “Global Footprint”, intended to identify the main impacts of its activities, quantify these impacts to improve their management, and establish commitments to improve performance.

This standard takes the form of a series of indicators that are capable of evaluating a specific project’s impact on its social, economic and physical environment, while also enabling the future impact of similar projects to be predicted and to set improvement targets.

The main impacts of its activities are associated with the following factors:

Environmental:

› Raw materials used and consumption of recycled materials. › Water capture, reuse and efficiency. › Consumption of primary and intermediate energy and reuse and

efficiency. › Waste generated and recovered. › Total GHG emissions generated by each scope.

Social and economic:

› Purchases made from local suppliers. › Local employees (from the country and the region) in relation to the

total. › Negative impacts on local communities. › Investment in social action. › Accident rate and frequency.

In 2014 Abengoa finished developing the standard, which includes the procedures and tools required to calculate the global footprint in accordance with international standards. During this period, Abengoa Solar calculated the global footprint for 18 companies.

Environmental management systems

Abengoa Solar implements environmental management systems in all of its companies according to the ISO 1400115 international standard, in order to prevent and mitigate the risks and negative environmental impacts caused by incorrect management.

Some 86 % of Abengoa’s companies had a certified environmental management system in 2014

Note 15 ISO 14001: international standard for environmental management systems.


08 External verification

CSR Annual Report 2014 | 08 External verification page 82ABENGOASOLAR

External verification for the CSR Report 2014G4-32,G4-33

PricewaterhouseCoopers Auditores, S.L., C/Concejal Francisco Ballesteros, 4, 41018 Sevilla, España Tel.: +34 954 981 300 / +34 902 021 111, Fax: +34 954 981 320, www.pwc.es R. M. Madrid, hoja 87.250-1, folio 75, tomo 9.267, libro 8.054, sección 3ª. Inscrita en el R.O.A.C. con el número S0242 - CIF: B-79 031290

A free translation from the original in Spanish. In the event of a discrepancy, the Spanish language version prevails.

INDEPENDENT ASSURANCE REPORT ON THE 2014 CORPORATE SOCIAL RESPONSIBILITY REPORT

To the Board of Directors of Abengoa Solar, S.A.: Scope of the work We have performed a reasonable assurance engagement on the following aspects of the 2014 Corporate Social Responsibility Report (hereinafter referred to as “2014 CSRR”) of Abengoa Solar, S.A. and its Group of Companies (hereinafter referred to as “Abengoa Solar”) for the financial year ending 31 December 2014:

the 2014 indicators regarding the general and specific standard disclosures proposed in the “Sustainability Reporting Guidelines” of the Global Reporting Initiative (GRI) version 4 (G4) (hereinafter referred to as “G4”) and referred to in the section entitled “GRI Index” of the CSRR, reviewing that they are in line with the Internal Protocols of Abengoa Solar’s Integrated Sustainability Management System (ISMS),

the adaptation of the contents of the 2014 CSRR, so that it is in line with the principles of inclusivity, materiality and responsiveness established in the “AA1000 AccountAbility Principles Standard 2008” issued by AccountAbility, Institute of Social and Ethical Accountability (hereinafter referred to as “AA1000APS (2008)”), as stated in the section entitled “Principles governing this report” of the CSRR.

Responsibility of Abengoa Solar’s Management The preparation of the 2014 CSRR and the contents of the report are the responsibility of Abengoa Solar’s Management, which is also responsible for establishing, adapting and maintaining the internal control and management systems where information is obtained and the systems for applying the AA1000APS (2008) principles. Our responsibility Our responsibility is to issue an independent reasonable assurance report based on the work that we have carried out in accordance with the guidance of the ISAE 3000 Standard “Assurance Engagements Other than Audits or Reviews of Historical Financial Information” issued by the International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) for a reasonable level of assurance. Furthermore, we have also carried out our work in accordance with AA1000 Assurance Standard 2008 (hereon, AA1000AS (2008)), of AccountAbility, under a Type 2 high assurance engagement, which corresponds to reasonable assurance as per ISAE 3000. A reasonable assurance engagement consists of applying procedures to obtain evidence on the processes and controls used to prepare the CSRR. The procedures selected depend on professional judgment and include an assessment of the risks of material inaccuracies due to fraud or error. In carrying out this risk assessment, we have taken into account relevant internal controls for adequate preparation and presentation by the company of the information to be reviewed, to establish review procedures which are appropriate in the circumstances.

Page 2 of 4

For the purpose of this report, we have asked Management and the units of Abengoa Solar which have helped Abengoa Solar to prepare and create its 2014 CSRR various questions and we have applied certain procedures including, in general and amongst others, the following procedures: Meetings with Abengoa Solar’s staff and management to ascertain the procedures for collecting

information and the control environment for each of the selected indicators, the management procedures, systems and approaches used when considering and complying with AA10000APS (2008) principles, in order to obtain the information required for the external review.

Analysis of the adaptation of the indicators included in the general and specific standard disclosures of the GRI Content Index, to the GRI's G4 Guidelines and to the Internal Protocols of the Integrated Sustainability Management System (ISMS) of Abengoa Solar.

Analysis of the procedures for obtaining and for internal control and validation of the selected indicators, including control reviews.

Review of the internal IT control environment in relation to information systems which support the preparation and reporting of selected indicators.

Verification, by substantive testing applied to a sample, of the quantitative and qualitative information of the selected indicators and whether they have been appropriately compiled from the data provided by Abengoa Solar’s sources of information. For financial information included in the selected indicators, we have verified that it is obtained from Abengoa Solar’s 2014 consolidated annual accounts, audited by independent third parties.

Verification that an independent third party has verified the data on energy consumption and greenhouse gas emissions included in the selected indicators and whether such data are in line with Abengoa Solar’s internal NOC-05/003 standard, in accordance with the international ISO 14064-3:2012 standard.

Assessment and sampling of management practices and documentation available regarding the systems for participation by stakeholders and procedures for communications and responses to material issues, and review of the opinions of external stakeholders and the Independent Panel of Experts on Sustainable Development (IPESD).

We consider that the evidence which we have obtained provides an adequate basis for our conclusions. Independence We have carried out our work in accordance with the independence standards required by the Code of Ethics of the International Federation of Accountants (IFAC). In accordance with the International Standard on Quality Control 1 (ISQC 1), PwC has a global quality control system which includes documented policies and procedures on the compliance of ethical requirements, professional standards and applicable regulations. The work has been carried out by a team of people specialised in the company’s social, environmental and financial performance, with a wide range of experience in reviews of this type of information.


G4-32,G4-33

Page 3 of 4

Conclusion In our opinion, on the basis of the work which we have carried out:

The 2014 indicators regarding the general and specific standard disclosures, whose scope and limitations in the review are stated in section “GRI Content Index” of the CSRR, have been reliably and adequately prepared, in all significant aspects, in accordance with GRI's G4 Guidelines and the Internal Protocols of the Integrated Sustainability Management System (ISMS) of Abengoa Solar.

The 2014 CSRR has been prepared, in all material aspects, in accordance with the principles of inclusivity, materiality and responsiveness established in the AA1000APS (2008). Specifically: − Regarding the foundation principle of inclusivity, Abengoa Solar’s Management has

established several procedures for the engagement and participation of its stakeholders, to incorporate its expectations on the development of its corporate social responsibility strategy.

− Regarding the principle of materiality, Abengoa Solar’s Management has an adequate structured system to identify and prioritise material issues for the organisation and its stakeholders.

− Regarding the principle of responsiveness, Abengoa Solar’s Management has established several procedures to give appropriate responses to material issues and expectations of stakeholders.

Recommendations During our review, some observations and recommendations have come to our attention which we will present to Abengoa Solar’s Management. Set out below is a summary of the main recommendations regarding improvements in the application of the AA1000APS (2008) principles of inclusivity, materiality and responsiveness, which do not alter the conclusions given in this report. Inclusivity Abengoa Solar has ongoing talks with its stakeholders via different communication channels and has systematic mechanisms to ascertain their expectations and priorities. We recommend that Abengoa Solar continue looking into this matter, particularly focusing on those stakeholders who are specifically relevant to its business activities and territories, especially its new territories. We also suggest that Abengoa Solar continue promoting, systematising and prioritising the dialogue actions which enables the stakeholders to be directly involved in the development of a responsible and strategic response to sustainability, and especially fostering dialogue with local stakeholders during both the construction and plant operation stages. Materiality In 2014 Abengoa Solar has reviewed and improved its procedures for analysing material issues in line with the recommendations of GRI’s G4 Guidelines and has analysed the impact of these issues throughout its value chain. Regarding these procedures, we recommend that Abengoa Solar continue making advancements to identify and communicate material issues, prioritising key stakeholders for its business activities and territories, which will enable it to prioritise its resources in relation to Corporate Social Responsibility (CSR) master plans at the level of both the business group and specific companies.

Page 4 of 4

Responsiveness Abengoa Solar is currently creating a new Strategic CSR Plan (SCSRP), as part of Abengoa’s new corporate Strategic CSR Plan, for forthcoming years up to 2020 whereby CSR will play an important role in terms of the strategic development of its operations. Abengoa Solar has continued to improve its system for reporting CSR. In 2014, it has also worked on establishing internal procedures for managing its relationships with each one of its stakeholders and has created communication channels for each of them. We recommend that Abengoa Solar continue with its work on communication and transparency mechanisms for internal and external stakeholders so that it can examine the specific needs of each group carefully and make a communication which focuses on CSR commitments and the level of performance, using key indicators which look closely at its business activities and territories. We also recommend that in line with the corporate new SCSRP, Abengoa Solar continue updating its CSR master plans at the level of both its business group and individual companies and that it continue incorporating the changing expectations of the stakeholders in territories where it has a presence, in a manner that it guarantees uniform CSR practices for all territories. PricewaterhouseCoopers Auditores, S.L.

Mª Luz Castilla

30 April 2015


ASOCIACIÓN ESPAÑOLA DE NORMALIZACIÓN Y CERTIFICACIÓN (AENOR). C/ GÉNOVA 6, 28004 MADRID Página 1 de 1

Declaración de Verificación de AENOR para Abengoa Solar S.A. del Inventario de emisiones de gases de efecto invernadero

correspondientes al año 2014

EXPEDIENTE: 1993/0205/HCO/01

Introducción

Abengoa ha encargado a la Asociación Española de Normalización y Certificación (AENOR) llevar a cabo una revisión razonable de su Inventario de emisiones de gases de efecto invernadero (GEI) del año 2014. AENOR se encuentra acreditada por la Entidad Mexicana de Acreditación, con número OVVGEI 004/14, conforme a la norma ISO 14065:2007, para la realización de verificación de emisiones de gases de efecto invernadero conforme a los requisitos establecidos en la norma ISO 14064-3:2006 para el sector de la energía. El alcance de la verificación se establece para las actividades que desarrollan las sociedades dependientes de Abengoa representadas en el Informe Anual 2014, “Informe de Responsabilidad Social Corporativa”, disponible en la página web de Abengoa (http://www.abengoa.com). Abengoa tuvo la responsabilidad de reportar sus emisiones de GEI de acuerdo a la norma de referencia ISO 14064-1:2006. Importancia relativa

Para la verificación se acordó que se considerarán discrepancias materiales aquellas omisiones, distorsiones o errores que puedan ser cuantificados y resulten en una diferencia mayor al 5% con respecto al total declarado de emisiones. Conclusiones

La sociedad Abengoa Solar S.A. dependiente de Abengoa forma parte del alcance de la verificación citado anteriormente.

El informe de emisiones de la sociedad cumple con las exigencias establecidas por la norma ISO 14064-1:2006.

Los datos que se han aportado al informe de emisiones de Abengoa objeto de verificación, dentro del proceso de consolidación de la información, han sido:

EMISIONES t CO2e

Alcance 1: Emisiones directas de GEI 0

Alcance 2: Emisiones indirectas de GEI por energía 14,88

,Alcance 3: Otras emisiones indirectas de GEI 4.892,66

Emisiones Totales 4.907,54

Emisiones de GEI procedentes de biomasa 0

Verificador Jefe: Raúl BLANCO BAZACO

Madrid, a 30 de marzo de 2015


Declaración de Verificación de AENOR para Abengoa Solar New Technologies del Inventario de emisiones de gases de efecto

invernadero correspondientes al año 2014


Introducción



La sociedad Abengoa Solar New Technologies dependiente de Abengoa forma parte del alcance de la verificación citado anteriormente.



EMISIONES t CO2e

Alcance 1: Emisiones directas de GEI 909,10

Alcance 2: Emisiones indirectas de GEI por energía 961,46






Report from AENOR



Declaración de Verificación de AENOR para Abengoa Solar South Africa del Inventario de emisiones de gases de efecto invernadero



Introducción



La sociedad Abengoa Solar South Africa dependiente de Abengoa forma parte del alcance de la verificación citado anteriormente.



EMISIONES t CO2e

Alcance 1: Emisiones directas de GEI 0

Alcance 2: Emisiones indirectas de GEI por energía 0







Verification Statement of AENOR for Abengoa Solar LLC. on the Inventory of greenhouse gas emissions corresponding to the year

2014

DOSSIER: 1993/0205/HCO/01

Introduction

Abengoa commissioned the Spanish Association for Standardisation and Certification (AENOR) to make a reasonable revision of its inventory of greenhouse gases (GHG) for the year 2014.

AENOR is accredited by Entidad Mexicana de Acreditación (OVVGEI 004/14) according to ISO 14065:2007, to conduct GHG verifications according to ISO 14064-3:2006 in the Energy Sector.

The scope of the verification is established for the activities carried out by the companies belonging to Abengoa represented in 2014 annual report, “Corporate Social Responsibility”, available in Abengoa’s website (http://www.abengoa.com).

Abengoa was responsible for reporting its GHG emissions considered in accordance with the reference standard ISO 14064-1:2006.

Materiality

For the verification it was agreed to consider as material discrepancies those omissions, distortions or errors that could be quantified and result in a difference of more than 5% with respect to the total of emissions declared. Conclusions

The company Abengoa Solar LLC. belonging to Abengoa is part of the scope of the verification mentioned above.

The GHG report of the company fulfills the requirements of the standard ISO 14064-1:2006.

The data that have been contributed to GHG report of Abengoa which was subject to verification, in the information consolidation process, have been:

EMISSIONS t CO2e

Scope 1: Direct GHG emissions 1,906.64

Scope 2: Energy indirect GHG emissions 17,267.13

Scope 3: Other indirect GHG emissions 31,808.8

Total emissions 50,982.57

GHG emissions from biomass 0

Lead Verifier: Raúl BLANCO BAZACO

Madrid, 30 March 2015



Declaración de Verificación de AENOR para Abengoa Solar España, S.A. del Inventario de emisiones de gases de efecto invernadero



Introducción



La sociedad Abengoa Solar España, S.A. dependiente de Abengoa forma parte del alcance de la verificación citado anteriormente.



EMISIONES t CO2e

Alcance 1: Emisiones directas de GEI 29.350,02

Alcance 2: Emisiones indirectas de GEI por energía 27.389,52







09 Appendices

CSR Annual Report 2014 | 09 Appendices page 88ABENGOASOLAR

Abengoa Hellas Solar, Ltd.

Abengoa Solar Power Australia Pty Limited

Abengoa Solar Brasil Desenvolvimientos Solares Ltda.

Abengoa Solar Chile, S.A.

Abengoa Solar Chile, SpA

Abengoa Solar Engeneering (Beijing), Co. Ltd.

Abengoa Solar España, S.A.

Abengoa Solar Extremadura, S.A.

Abengoa Solar GmbH

Abengoa Solar Holdings Inc.

Abengoa Solar India Private Limited

Abengoa Solar Industrial Systems LLC

Abengoa Solar Internacional, S.A.

Abengoa Solar Italia, S.R.L.

Abengoa Solar Japan K.K.

Abengoa Solar México S.A. de C.V.

Abengoa Solar New Technologies, S.A.

Abengoa Solar Power DMCC, LLC

Abengoa Solar Power South Africa (Pty) Ltd.

Abengoa Solar Power, S.A.

Abengoa Solar Research, S.A.

Abengoa Solar South Africa (Pty) Ltd.

Abengoa Solar Ventures S.A

Abengoa Solar LLC

Abengoa Solar, S.A.

Abengoa SP Holdings LLC

ASI Operations LLC

Aznalcóllar Solar, S.A.

Captasol Fotovoltaica 1, S.L.






































Captasol Fotovoltaica 52 S.L.

Casaquemada Fotovoltaica, S.L.

Copero Solar Huerta Uno, S.A.

Copero Solar Huerta Dos, S.A.

Copero Solar Huerta Tres, S.A

Copero Solar Huerta Cuatro, S.A.

Copero Solar Huerta Cinco, S.A.

Copero Solar Huerta Seis, S.A.

Copero Solar Huerta Siete, S.A.

Copero Solar Huerta Ocho, S.A.

Copero Solar Huerta Nueve, S.A.

Copero Solar Huerta Diez, S.A.

Appendix I

Category: Economy

List of companies 2014

G4-13,G4-17


CSP Atacama Dos, S.A

CSP Atacama Inversiones Uno, SpA

CSP Atacama Inversiones Dos, SpA

CSP Equity Investment, S.a.r.l.

Cycon Solar, LTD

Development NEA, Ltd.

Écija Solar Inversiones, S.A

Europa Desenvolvimentos Solares Ltda.

Extremadura Equity Investments Sárl.

Fotovoltaica Solar Sevilla, S.A.

Helioenergy Electricidad Tres, S.A.

Helioenergy Electricidad Cuatro, S.A.

Helioenergy Electricidad Cinco, S.A.

Helioenergy Electricidad Once, S.A.

Helioenergy Electricidad Trece, S.A.

Helioenergy Electricidad Veintiuno, S.A

Helioenergy Electricidad Veintidos, S.A

Helioenergy Electricidad Veintitres, S.A

Helioenergy Electricidad Veinticuatro, S.A

Helios I Hyperion Energy Investments, S.L.

Helios II Hyperion Energy Investments, S.L.

Hypesol Energy Holding , S.L.

Insolation 17, S.R.L

Insolation 18, S.R.L

Insolation Sic 6, S.R.L








Japan PV Ventures, S.A.

Kaxu CSP O&M Company (Pty) Limited

Kaxu CSP South Africa (Pty) Limited

Khi CSP O&M Company (Pty) Limited

Khi CSP South Africa (Pty) Limited

Las Cabezas Fotovoltaica, S.L.

Linares Fotovoltaica, S.L.

Logrosán Equity Investments Sárl.

Logrosán Solar Inversiones Dos, S.L.

Mallorca Desenvolvimentos Solares Ltda.

Marismas PV A1, S.L.


















Marismas PV B1, S.L.


















Marismas PV C1, S.L.


















Marismas PV E1, S.L.



G4-13,G4-17


Marudhara Akshay Urja Private Limited

Marusthal Green Power Private Limited

NEA Solar Development, S.A.

NEA Solar Investments LLC.

NEA Solar O&M Holdings LLC.

NEA Solar Operation and Manteinance, Ltd

NEA Solar Power, Ltd.

NEA Solar Power, S.A.

Palen Solar Holdings, LLC

Pectonex (RF) (Pty) Limited

PV Atacama Dos, S.A

PV Atacama Inversiones Uno, SpA

PV Atacama Inversiones Dos, SpA

PV Atacama Uno, S.A.

Rajasthan Photon Energy Pvt Ltd

Rioglass Solar Chile, S.A.

Rioglass Solar Dos, S.A.

Rioglass Solar Holding, S.A

Rioglass Solar Inc.

Rioglass Solar Internacional

Rioglass Solar Systems, Ltd.

Rioglass Solar, S.A

Rioglass South Africa (Lty) Ltd.

Royalla PV Pty Ltd.

Solaben Electricidad Uno, S.A.

Solaben Electricidad Seis, S.A.

Solaben Electricidad Diez, S.A.

Solar Power PV South Africa (Pty) Ltd.

Solargate Electricidad Tres, S.A.

Solargate Electricidad Cuatro, S.A.

Solargate Electricidad Cinco, S.A.

Solnova Electricidad, S.A.

Solnova Electricidad Dos, S.A.

Solnova Electricidad Tres, S.A.

Solnova Electricidad Cuatro, S.A.

Solnova Electricidad Cinco, S.A.

Solnova Electricidad Seis, S.A.

Solnova Solar Inversiones, S.A

Solúcar Andalucía FV2, S.A

Son Rivieren (Pty) Limited

South Africa PV Investments, S.L.

South Africa Solar Investments, S.L.

South Africa Solar Ventures, S.L.

XiNa CSP South Africa (Pty) Ltd.

XiNa Operations and Maintenance Company (Pty) Ltd

Tax paid to public administration bodies by geography

Region Total

Africa (2,472.136)

Asia (313,256)

Spain 68,544.038

South America 1,172.751

North America 7,866.598

Oceania 36,431

Rest of Europe 418,056

G4-13,G4-17,G4-DMA (economic performance)


Appendix II

Category: Social

Number of employees by gender

Gender 2014 2013 2012

Men 1246 1001 978

Women 316 283 269

Number of employees by gender and region

Region Men Women

Spain 843 220

Europe 2 3

North America 265 53

South America 10 4

Africa 60 19

Middle East 57 16

Asia 8 1

Oceania 1 0

Critical turnover by gender

Gender % over the total number of employees by gender

Men 0.22 %

Women 0.15 %

Critical turnover by age

Age % out of the total

20-30 -

31-40 0.08 %

41-50 -

51-60 0.08 %

>60 -

Critical turnover by region

Region % out of the total

Spain 0.30 %

Europe -

North America 0.08 %

South America -

Africa -

Middle East -

Asia -

Oceania -

G4-DMA (employment), G4-10,G4-EC5, G4- LA1, G4-LA3


Appendix III

Category: Environment

Indirect consumption of energy from primary source

Indirect consumption of energy from primary renewable sources (GJ)

2014 2013 2012*

Hydraulic 58,018.00 53,741.00 26,170.00

Wind 65,468.00 61,841.00 33,681.00

Biomass 34,731.00 31,912.00 14,799.00

Photovoltaic 10,929.00 10,401.00 5,860.00

Solar-thermal 1.914.00 1,822.00 1,027.00

Geotherma 519.00 412.00 3.00

Total 171,579.00 160,129.00 81,540.00

Indirect consumption of energy from primary non-renewable sources (GJ)

2014 2013 2012

Coal 326,893.18 287,585.00 96,527.00

Nuclear 327,463.66 300,794.00 139,237.00

Gas 308,582.47 283,054.00 129,880.00

Fuel oil 57,156.96 53,999.00 29,314.00

Waste 2,741.61 2,505.00 1,120.00

Total 1,022,837.88 927,937.00 396,078.00

Types of generated waste

Non-hazardous waste (t) 2014 2013 2012

Deposit 332.13 8,802.00 694.00

Recycled 65.30 230.00 339.00

Reuse 4,825.54 856.00 -

Energy recovery 1,524.10 - -

Recovery - 813.00 162.00

Discharge - 1,033.00 -

Incineration without energy recovery

- - -

Physical-chemical elimination - 314.00 2,500.00

Others 8,381.15 39.00 131.00

Hazardous waste (t) 2014 2013 2012

Deposit 13.48 11,288.00 113.00

Physical-chemical elimination 9.54 1,095.00 513.00

Reuse 0.52 404.00 -

Energy recovery - 1.00 2.00

Recycled 6.59 32.00 34.00

Discharge - 9.00 -

Others 261.80 14,090.00 297.00

G4-DMA (materials),G4-DMA (energy),G4-EN3, G4-EN4, G4-EN5, G4-DMA (effluents and wastes), EN-23


10 GRI G4 Content Index

CSR Annual Report 2014 | 10 GRI G4 Content Index page 94ABENGOASOLAR

General Standard Disclosures

General Standard Disclosures Page Number Identified Omission External Assurance Chapter name

Strategy and analysis

G4-1 3,4 Yes, 82-83 Letter from the CEO

G4-2 3,4 Yes, 82-83 Letter from the CEO

Organizational profile

G4-3 16 Yes, 82-83 Solar technology for sustainability

G4-4 20-24 Yes, 82-83 Solar technology for sustainability




G4-8 20-24 Yes, 82-83 Solar technology for sustainability

G4-9 18, 19, 28, 29, 40 Yes, 82-83Solar technology for sustainability, Abengoa Solar in figures, Supporting our team’s talent

G4-10 40, 41, 91 Yes, 82-83 Supporting our team’s talent, Appendix II

G4-11 45 Yes, 82-83 Supporting our team’s talent


G4-13 3,4, 10, 88-90 Yes, 82-83Letter from the CEO, About this report, Appendix I

G4-14 73-75, 80 Yes, 82-83Responding to the demand of energy, Gestión de los recursos naturales

G4-15 6,7,8,16 Yes, 82-83About this report, Solar technology for sustainability




Identified material aspects and bundaries

G4-17 10, 88-90 Yes, 82-83 About this report, Appendix I

G4-18 10, 11 Yes, 82-83 About this report

G4-19 13 Yes, 82-83 About this report





Stakeholder engagement



G4-26 7, 9, 52 Yes, 82-83 About this report


Report Profile




G4-31 Back cover Yes, 82-83 Back cover

G4-32 6, 82, 83 Yes, 82-83 About this report, External verification

G4-33 82, 83 Yes, 82-83 External verification

Governance

g4-34 17 Yes, 82-83 Solar technology for sustainability

G4-3517 (Abegoa's CSR report Solar), 53 (Abegoa's CSR report) Yes, 82-83

Solar technology for sustainability (IRSC Abengoa Solar), Abegoa's CSR report








G4-40 56 (Abegoa's CSR report) Yes, 82-83 Abegoa's CSR report



G4-41

The duties and competencies according to the established rules can be summarized as follows: reporting to the board on the company's annual accounts, informing on changes in accounting criteria, overseeing internal auditing functions, calling board meetings and having an understanding of the financial reporting process and internal control systems. Yes, 82-83





G4-46 34, 35 Yes, 82-83 Transparency and anti-corruption







G4-53

Pages 223 from Abegoa's report:"By virtue of the directive issued by the BoD, the remuneration policy of Abengoa's BoD is prepared, formulated and discussed by the Appointments and Remuneration Committee at the start of each financial year, then the resulting proposal is submitted to the BoD" Yes, 82-83 Abegoa's CSR report



Ethics and Integrity

G4-56 16, 31-34 Yes, 82-83Solar technology for sustainability, Transparency and anti-corruption




Specific standard disclosure

Category: Economy

Material aspects DMA and indicators OmissionsExternal Assurance Chapter name

Economic performance

G4-DMA 28, 29, 71, 72, 47, 90 Yes, 82-83

G4-EC1 28, 29, 60, 61 Yes, 82-83 Abengoa Solar in figures, Appendix I

G4-EC2 71, 72 Yes, 82-83 Responding to the demand of energy

G4-EC3 47

Information not available at the moment. The company is present in different geographies with different benefits, which makes it not possible to include the information for each of them as it is requested in EC3 for the reporting period. The company is working towards collecting the information for the next reporting period, as Abengoa S.A. It is working towards updating the sustainbility management information system (SMIS-SIGS) for its inclussion by geography. Nevertheless, a general information on the social benefits has been included in the report in 2014. Yes, 82-83 Supporting our team’s talent

G4-EC4 139 (Abegoa’s CSR report) Yes, 82-83 Abegoa's CSR report

Market presence

G4-DMA 40, 46 Yes, 82-83

G4-EC5 46, 91 Yes, 82-83Supporting our team’s talent, Appendix II

G4-EC6 40 Yes, 82-83 Supporting our team’s talent

Indirect economic impacts

G4-DMA 59 Yes, 82-83

G4-EC7 59 Yes, 82-83Connecting with the social environment

G4-EC8 59 Yes, 82-83Connecting with the social environment

Procurement practices

G4-DMA 56 Yes, 82-83

G4-EC9

Relevant locations is the one where an organization has a significant investment at the end of the fiscal year. Yes, 82-83

Connecting with the social environment


G4-5, G4-6


Materials

G4-DMA 77, 92 Yes, 82-83

G4-EN1 77 Yes, 82-83 Managing available natural resources

G4-EN20,023 % of paper is recycled and 25,58 % of mirrors, ceramic tubes and glass are recycled. Yes, 82-83 Appendix II

Energy

G4-DMA 72, 92 Yes, 82-83

G4-EN3 72, 92 Yes, 82-83Responding to the demand of energy, Appendix II

G4-EN4 72, 92 Yes, 82-83Responding to the demand of energy, Appendix II

G4-EN5 72, 92 Yes, 82-84 Responding to the demand of energy

G4-EN6 72 Yes, 82-83 Responding to the demand of energy


Water

G4-DMA 79 Yes, 82-83




Biodiversity

G4-DMA 80 Yes, 82-83




G4-EN1480 (Abegoa Solar’s CSR report), 92 (Abegoa’s CSR report) Yes, 82-83

Managing available natural resources (Abegoa’s CSR report); Abegoa's CSR report

Emissions

G4-DMA 73, 75


Category: Environment









Effluentes and waste

G4-DMA 78, 79, 92 Yes, 82-83


G4-EN23 78, 92 Yes, 82-83Managing available natural resources, Appendix II


G4-EN25

In 2014, no significant impacts have been identified by the company’s communication channels concerning transport of producst, other goods and materials used by the organization. This also applies to the activities of transportation for the personnel. Yes, 82-83


Products and services

G4-DMA 57, 59 Yes, 82-83

G4-EN27 57, 59 Yes, 82-83Connecting with the social environment

G4-EN28

Abengoa Solar establishes exhaustive control of impacts derived from its activity throughout the useful life of the products and services it provides. Given the freen typology of products developed by the company, no actions of improving the sustainability of the product brought to the market have been identified.acciones para mejorar la sostenibilidad delproducto puesto en mercado. Yes, 82-83

Compliance

G4-DMA 79 Yes, 82-83



G4-EN29In 2014, no significant fines have been registered. Yes, 82-83

Transport

G4-DMA 78 Yes, 82-83


Overall

G4-DMA 77 Yes, 82-83


Supplier environmental assessment

G4-DMA 53-56 Yes, 82-83

G4-EN32 55, 56 Yes, 82-83Connecting with the social environment

G4-EN33 53,54 Yes, 82-83Connecting with the social environment

Environmental grievance mechanisms

G4-DMA 79 Yes, 82-83

G4-EN34

In 2014, no environmental claims have been receive in the company’s channels related to this issue. Yes, 82-83



Labor practices and decent work

Employment

G4-DMA 42,47,91 Yes, 82-83

G4-LA1 42, 91

Information not available at the moment concerning the new hirings ratio. This indicador will be included in the next reporting exercise. The company is working towards imporvements in the Sustainability management information system for having this information accessible for the next reporting exercise. Yes, 82-83

Supporting our team’s talent, Appendix II

G4-LA2 47 Yes, 82-83 Supporting our team’s talent


Labor/management relations

G4-DMA 45 Yes, 82-83


Occupational health and safety

G4-DMA 45,47, 48, 49 Yes, 82-83


G4-LA6 48, 49

Days lost and absentism ratios have not included in terms of gender. Reason of confidenciality: due to the low number in each category, the information is not aligned with the characteristics of this report. The aggregated data by gender have been included in the CSRR of Abengoa S.A. Yes, 82-83 Supporting our team’s talent



Training and education

G4-DMA 42, 43, 44 Yes, 82-83

Category: Social



G4-LA9 42

Information not available at the moment related to gender disclosure. The organization is working for including it in the next annual report. The disaggregated information can be consulted in the Abengoa’s 2014 annual report, which also applies to Abengoa Solar. Yes, 82-83 Supporting our team’s talent

G4-LA10 43, 44 Yes, 82-83 Supporting our team’s talent


Diversity and equal opportunity

G4-DMA 39, 44 Yes, 82-83

G4-LA12 40, 45, 46

Information not applicable. The referred governing board is the one from the parent company, Abengoa S.A. More information can be consulted in page 54 of its CSR report. Yes, 82-83

Equal remuneration for women and men

G4-DMA 46 Yes, 82-83

G4-LA13 46 Yes, 82-83Connecting with the social environment

Supplier assessment for labor practices

G4-DMA 55, 56 Yes, 82-83

G4-LA14 55, 56 Yes, 82-83Connecting with the social environment

G4-LA15 120 (Abegoa's CSR report)

Information not applicable. It is a corporate procedure. The information is available in Abengoa’s CSR report.

Yes, 82-83 Abegoa's CSR report

Labor practices grievance mechanisms

G4-DMA 108 (Abegoa's CSR report) Yes, 82-83



G4-LA16 108 (Abegoa's CSR report)

Information not available. The company pays close attention and carefully attends the complaints and its procedure, thus it is considered a sensitive issue. For this reason, the management of this issue is directly conducted by the parent company, Abengoa S.A. The organization is studying the possibilities for making this information available for the next report of the business units. More information can be consulted in page 108 of the CSR report of Abengoa S.A. Yes, 82-83 Abegoa's CSR report

Human rights

Investment

G4-DMA 42,45,54. Yes, 82-83

G4-HR1

There were no significant investment agreements containing human rights clauses undertaken in 2014. For further information on agreements signed with suppliers, see page 54. Yes, 82-83

Connecting with the social environment

G4-HR2 42, 45 Yes, 82-83 Supporting our team’s talent

Non-discrimination

G4-DMA 32, 33, 45, 46 Yes, 82-83

G4-HR3 32, 33, 45, 46 Yes, 82-83Transparency and anti-corruption, Supporting our team’s talent

Freedom of association and collective bargaining

G4-DMA 48,55 Yes, 82-83

G4-HR4

Abengoa Solar is firmly committed to showing respect for local communities and their surrounding and mantains a close relationship with local society and indigenous peoples. In 2014, there were no reports of any complaints or cases of non-compliance in relation to freedom of asociation. For more information on the Human rights policy, see page 48 and to consult additional information on supplier analysis with respect to human rights, see page 55. Yes, 82-83 Supporting our team’s talent



Child labor

G4-DMA 45,55 Yes, 82-83

G4-HR5

Abengoa Solar is firmly committed to showing respect for local communities and their surrounding and mantains a close relationship with local society and indigenous peoples. In 2014, there were no reports of any complaints or cases of non-compliance in relation to child labor or forced labor involving employees or the area of influence. For more information on the Human rights policy, see page 45 and to consult additional information on supplier analysis with respect to human rights, see page 55. Also pages 132 y 123 from Abegoa’s CSR report. Yes, 82-83 Supporting our team’s talent

Forced or compulsory labor

G4-DMA 45,55 Yes, 82-83

G4-HR6

Abengoa Solar is firmly committed to showing respect for local communities and their surrounding and mantains a close relationship with local society and indigenous peoples. In 2014, there were no reports of any complaints or cases of non-compliance in relation to child labor or forced labor involving employees or the area of influence. For more information on the Human rights policy, see page 45 and to consult additional information on supplier analysis with respect to human rights, see page 55. Also pages 132 y 123 from Abegoa’s CSR report. Yes, 82-83 Supporting our team’s talent

Security practices

G4-DMA 45 Yes, 82-83

G4-HR7 45 Yes, 82-83

Indigenous rights

G4-DMA Yes, 82-83


G4-5, G4-6


G4-HR8

Abengoa Solar is firmly committed to showing respect for local communities and their surrounding and mantains a close relationship with local society and indigenous peoples. In 2014, there were no reports of any complaints or cases of non-compliance in relation to violation of the rights of indigenous persons. Yes, 82-83

Assessment

G4-DMA 45,55 Yes, 82-83

G4-HR9

Abengoa Solar is firmly committed to upholding human rights, both within the organization and in its area of influence. In 2014, there were no reports of any complaints or cases of non-compliance in relation to child labor and forced labor involving employees or the area of influence. For more information on the Human rights policy, see page 45 and to consult additional information on supplier analysis with respect to human rights, see page 55. Also pages 132 y 123 from Abegoa’s CSR report. Yes, 82-83 Supporting our team’s talent

Supplier human rights assessment

G4-DMA 55 Yes, 82-83

G4-HR10 55 Yes, 82-83Connecting with the social environment

G4-HR11 120 (Abegoa’s CSR report)

Information not applicable because this is a corporate procedure that applies to the whole organization. The information can be consulted in page 120 of Abengoa’s CSR report. Yes, 82-83 Abegoa's CSR report

Human rights grievance mechanisms

G4-DMA 45,55 Yes, 82-83


G4-5, G4-6


G4-HR12

Abengoa Solar is firmly committed to upholding human rights, both within the organization and in its area of influence. In 2014, there were no reports of any complaints or cases of non-compliance in relation to child labor and forced labor involving employees or the area of influence. For more information on the Human rights policy, see page 45 and to consult additional information on supplier analysis with respect to human rights, see page 55. Also pages 132 y 123 from Abegoa’s CSR report. Yes, 82-83 Supporting our team’s talent

Society

Local communities

G4-DMA 35,59, 62, 63,67 Yes, 82-83

G4-SO1 35, 62, 63, 67 Yes, 82-83

G4-SO2 59 Yes, 82-83Connecting with the social environment

Anti-corruption

G4-DMA 31-33, 36 Yes, 82-83

G4-SO3 31-33 Yes, 82-83

G4-SO4 31-33 Yes, 82-83

G4-SO5 As a result of the policies and procedures in place, no occurrences on corruption have been registered. Yes, 82-83

Public policy

G4-DMA 36 Yes, 82-83

G4-SO6

In 2014, no contributions were made to political parties in any of the geographical areas of the company’s operations. Yes, 82-83

Anti-competitive behavior

G4-DMA 36 Yes, 82-83

G4-SO7

In 2014, there were no reports of any legal actions for anti-competitive behaviour or monopoly practices. Yes, 82-83


G4-5, G4-6


Compliance

G4-DMA 36 Yes, 82-83

G4-SO8 In 2014, there were no occurrences of any significant fines due to failure to comply with legal regulations. Yes, 82-83

Supplier assessment for impacts on society

G4-DMA 55,56 Yes, 82-83

G4-SO9 55,56 Yes, 82-83Connecting with the social environment

G4-SO10 120 (Abegoa’s CSR report)

This information does not apply to this report because it is a corporate procedure. It can be found in Abengoa's CSR report. Abegoa's CSR report

Grievance mechanisms for impacts on society

G4-DMA Yes, 82-83

G4-SO11

In 2014, no significant occurrences or complaints related to impacts on this issue through the company communications channels. Yes, 82-83

Product responsibility

Customer health and safety

G4-DMA Yes, 82-83

G4-PR1

In 2014, there were no reports of any cases of non-compliance with regulations or voluntary codes pertaining to the affection from products and services on health and safety over the course of their life cycle. Yes, 82-83

G4-PR2

In 2014, there were no reports of any cases of non-compliance with regulations or voluntary codes pertaining to the impacts of products and services on health and safety over the course of their life cycle.

Yes, 82-83


G4-5, G4-6


Product and service labeling

G4-DMA 57 Yes, 82-83

G4-PR3

In 2014, 91.30 % of products and services are subject to information and labeling (photovoltaic technology, tower and CCP). Yes, 82-83

G4-PR4

In 2014, there were no reports of any cases of non-compliance with regulations or voluntary codes pertaining to informaction and labeling of products and services.

Yes, 82-83

G4-PR5 57 Yes, 82-83Connecting with the social environment

Marketing communications

G4-DMA Yes, 82-83

G4-PR6

The company has no banned or disputed products. See pages 23 and 24 for the company's list of products and services.

Yes, 82-83 Solar technology for sustainability

G4-PR7

In 2014, there were no reports of any cases of non-compliance with regulations pertaining marketing communications. Yes, 82-83

Customer privacy

G4-DMA Yes, 82-83

G4-PR8

In 2014, there were no reports or any complaints involving breaches of customer privacy or losses of customer data by the company. Yes, 82-83

Compliance

G4-DMA Yes, 82-83

G4-PR9

In 2014, there were no reports of any monetary fines for non-compliance with laws and regulations concerning the provision and use of products and services.

Yes, 82-83


Additional KPIs

Indicator Description Page number Chapter name

ID1 Number of patents 18, 28 Abengoa Solar in figures

ID3 R&D&i investment 18, 28, 69Solar technology for the sustainability, Abengoa Solar in figures, Responding to the demand of energy


11 Risk Management report

CSR Annual Report 2014 | 11 Risk Management report page 111ABENGOASOLAR

Risk Management report according to ISO 31000

C/ Energía Solar 1, 41014, Seville, [email protected]

www.abengoasolar.com

ABENGOASOLAR

G4-31

United States

Spain

Germany

Italy

Algeria

Saudi Arabia

South Africa

India

China

Australia

United Arab Emirates

Morocco

Mexico

Brazil

Chile