The regional project development companies enter the markets in their respective regions. They evaluate project possibilities, develop locations and carry out land procurement measures.
Spain provides both advantageous climatic conditions and stable feed-in tariffs for solar thermal power plants. The experienced team of staff at Milenio Solar Desarrollo de Proyectos, based in Madrid (Spain), is responsible for project development in the western Mediterranean region. Milenio Solar has developed Europe's first parabolic trough power plants, the Andasol power plants . They are important references and role models for the entire market. In addition to the 100% owned subsidiary Milenio Solar, Solar Millennium has shares in a further project development company, namely Capital Millennium S.L.
The project development work carried out by Solar Millennium LLC based in Berkeley (California) focuses on the south western United States, where several states are currently planning greater support for solar energy. Solar Millennium has a very good reputation in this region, particularly due to the successful demonstration project Skal-ET in a commercial parabolic trough power plant in California.
Flagsol GmbH, based in Cologne, Germany, is primarily responsible for plant construction within Solar Millennium, i.e. the delivery of solar thermal power plants. Flagsol also develops its own projects, utilizing the worldwide networks of Solar Millennium AG and Ferrostaal AG.
Inner Mongolia STP Development Co. Ltd, based in Hohhot (China), was founded as a joint venture between Solar Millennium and the Inner Mongolia Lvneng New Energy Co. Ltd. The project company's goal is the development and implementation of the first parabolic trough power plant in China.