The US solar power company and the German power and industrial plant developer have formed a partnership to build concentrating solar power stations in the UAE, South Africa and Spain. Under the new partnership, eSolar would supply solar technology, while Ferrostaal would supply turbines, act as the general contractor for projects and manage project financing, eSolar said in a . My colleague, , reports further on the deal in . Ferrostaal is 70 per cent owned by Abu Dhabi's government-owned (IPIC), and 30 per cent by MAN, the German transportation technology company. For IPIC, the new partnership between Ferrostaal and eSolar steps up the Abu Dhabi company's exposure to the emerging renewable energy industry, in which it has sought a foothold since 2008. In April of that year, IPIC with the purchase of a 2 per cent interest in . It said the alliance with the Portuguese utilities company was intended to create opportunities in power generation and distribution from conventional and renewable energy sources in the MENA, Iberia and broader Asia regions. IPIC is the third of Abu Dhabi's government owned investment companies to pursue renewable energy projects. , the emirate's flagship industrial conglomerate, owns 100 per cent of , a company exclusively involved in clean energy projects in Abu Dhabi and overseas. The , or Taqa, which invests internationally in oil, gas and power, has formed strategic partnerships with the French company and Spain's to develop wind farms.