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Innovation Creative Power

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Innovation Creative Power HOW IT WORKS The circular economy, a sustainable N.67 NOVEMBER 2017 business CLEAN ENERGY A solar megaproject for renewable Egypt INNOVATION CREATIVE POWER 01_PORTADA_67 II_ENG.indd 1 20/11/17 18:54 ACCIONA 67 THYSSEN INGLES.ai 2 16/11/17 12:44 C M Y CM MY CY CMY K EDITORIAL INNOVATING INNOVATION he time comes when a disruptive solution is simply not enough; nor is inventing a revolutionary material, or developing a laboratory specifi cally for creative ideas. Th e actual concept of innovation, as it is applied by and for the company, also needs to be innovated. A framework, a model, a vision that focuses each and every move. Th is is what we are busy with now. The Internet of Things, artificial Our General Director of Tech- intelligence, machine learning and nology and Innovation, Arantza big data are being used to develop Ezpeleta, explains it. Her defini- concrete that can resist corrosion, tion of innovation includes quali- drones for analyzing tunnels and ties which, by no coincidence, are predictive software for desalina- more human than technological: tion plants and wind turbines. It is humility, self-criticism, non-con- possible that solutions such as these formism, resilience, flexibility, will also soon be applied to photo- adaptability, lateral thinking, and voltaic plants, like the three being T open-mindedness. A multinational constructed by ACCIONA in Egypt, business will naturally face chal- a reference for sustainable economy lenges as diverse as the complex- in the MENA region. Or, one could ity of markets and global clients. point to the hopeful model of a cir- It cannot permit itself to become cular economy as described in the inward-looking. section, How It Works. Th is is the way in which we innovate Take our subway projects, where innovation: stimulating in-house we also have a century of innova- talent through talent from outside, tion experience. Then look at how and vice-versa. And this is the mod- we promote equality so that today’s el of open innovation (and collective girls can become the STEM profes- intelligence) we use in our project sionals of tomorrow. And there’s I’mnovation #Startups, linked to the human adventure of taking the best startups possible in terms microenergy projects to the Ama- of concrete challenges in any aspect zon. Innovation is everywhere, Stimulating of the business. We are pioneers in even in one-off , more modest ser- home talent with Europe because we work shoul- vices, which nevertheless use inno- der-to-shoulder with them - on an vative processes, such as keeping talent from outside, informal level, with no hierarchical the streets clean over Christmas. and vice versa diff erence between the multinational Front Cover photo © Getty / Montaje AHernan Getty / Montaje photo © Cover Front and the technological SME. www.acciona.com 3 03_ACCIONA_editorial_ENG.indd 3 21/11/17 23:24 SUMMARY EDITORIAL INTERVIEW Innovation, an open and “WE WANT AN ACTIVE 03 transversal vision. ROLE IN CHANGING THE WORLD” Non-conformism, lateral thinking, flexibility, an open outlook... The innovation model, digital transformation and its future in the words of Arantza Ezpeleta, ACCIONA’s Director General of Technology and Innovation. 07IN NUMBERS RENEWABLE MEXICO ACCIONA is building a wind farm and photovoltaic complex that will make Mexico home to the company’s second biggest renewable energy park in ownership. 14 HISTORY A CARPET 08 FOR THE GRAN VÍA Th e year is 1959. Madrid residents look on curiously as dump trucks and road rollers carpet the Gran Vía with tarmac. NEWS LATEST 10 FROM THE GROUP Financial results from the fi rst three quarters of 2017. We Publisher: Th is magazine is printed continue to be one of the world’s General Director of Corporate Identity on chlorine-free paper Follow most sustainable companies. and Global Marketing. sourced from sustainable us on ACCIONA, S.A. forests. FSC certifi cation, Avda. de Europa, 18. provided by the Forest P. E. La Moraleja. Stewardship Council, 28108 Alcobendas. ensures that paper EQUALITY Madrid. Tfno.: 91 66322 87. products come from INSPIRING TWITTER FACEBOOK GIRLS E-mail: well-managed forests 12 [email protected] and that the chain Successful women Production: of custody remains encourage girls and adolescents to La Factoría, Prisa Revistas. unbroken throughout overcome gender stereotypes in Depósito Legal: the transformation and their profession of choice. M-35.445-1997. fi nishing process. INSTAGRAM YOUTUBE 4 04-05_ACCIONA_Sumario_ENG.indd 4 23/11/17 13:48 Nº 67 November 2017 TECHNOLOGICAL INNOVATION CLEAN ENERGY I’MNOVATION SOLAR # STARTUPS 34 COMPLEX IN EGYPT One great multinational. Eight small Th ree major photovoltaic startups. Nine projects developing specifi c complexes, promoted by ACCIONA, solutions for challenges in each line of are driving a strategic goal in Egypt business. A pioneering innovation model for and the MENA region: to replace oil Spain and Europe. and gas with renewable energy. 28 HOW IT WORKS THE CIRCULAR ECONOMY From the irresponsible squandering of resources and energy to smart reuse. Th e circular economy, a perfectly rounded business. ACCIONA 20 MICROENERGY 44 FOUNDATION Th e Light at Home METROS project reaches the Peruvian Amazon, taking electricity to FROM THE MADRID remote communities. Th e tale METRO TO of the adventure. SUBWAYS ACROSS SERVICES THE WORLD Special cleaning Th e Madrid Metro is a pioneering centenarian, 48 services prevent an example of innovation for many others, Xmas from from Quito to Dubai and Hong Kong to drowning in trash. Warsaw, thanks to ACCIONA’s global reach and specialization. ANNIVERSARY Bodegas Palacio 50 celebrates a century-old wine on which it has built its reputation for 38 excellence: Glorioso. 5 04-05_ACCIONA_Sumario_ENG.indd 5 23/11/17 13:48 ACCIONA 67 GLORIOSO INGLES.ai 2 16/11/17 12:16 C M Y CM MY CY CMY K IN NUMBERS RENEWABLE DEPLOYMENT IN MEXICO ACCIONA ENERGY FROM TAMAULIPAS TO SONORA Work is progressing on El Cortijo wind farm (Tamaulipas), one of five owned by ACCIONA Energy in Mexico. THE FACILITY IS THE RESULT OF THE FIRST AUCTION OF LONG-TERM ELECTRICAL ENERGY DUE TO THE COUNTRY’S ENERGY REFORM. The project arose partly from the ACCIONA CONSTRUCTION, OPERATION second, long-term electricity obtained AND OTHER ACTIVITIES auction, at which 585.5 GWh ASSOCIATED WITH THE WIND ACCIONA in the auction, to be covered FARM WILL CONTRIBUTE OBTAINED by production at close to EL CORTIJO 578.3 GWh 253 The plant, despite its size, IT HAS A CAPACITY OF MILLION DOLLARS 183 MW OF POWER to Mexico’s GDP during its working life is to be built in just FROM 61 WIND TURBINES AND REPRESENTS AN INVESTMENT OF 238 MILLION EUROS. 14 MONTHS QUICK BRIEF When both facilities are up and running at the end of 2018, ACCIONA Energy will have 1,144 MW of renewable energy in ownership in Mexico, comprising Work will begin on building the photovoltaic complex, 65% WIND Puerto Libertad (Sonora), and in November of 2017. This facility will The electricity distributed will have a nominal capacity of 35% SOLAR be equivalent to consumption by 404 MWP 381,000 HOMES AS A RESULT, MEXICO WILL and avoid the atmospheric HOST THE SECOND MOST emission of (317.5 nominal) and be 50%- ownedd by ACCIONAAACC ONA alongalon with RENEWABLE ENERGY 400,000 Mexicanan companycompany TutoTuto Energy.E CAPACITY OWNED BY QUICK BRIEF TONNES ACCIONA, AFTER SPAIN. of CO2 annually 7 07_ACCIONA_CIFRAS_ENG.indd 7 21/11/17 23:26 HISTORY A CARPET MADE OF TAR 1959 AND MADRID’S GRAN VÍA IS COVERED WITH TAR , GIVING IT A FASHIONABLE LOOK by Patricia Alcorta Back then it was known as José Antonio Avenue. Even further back, it was named after the Soviet Union! Between politi- cal extremes, however, it continued to be known by many as Gran Vía. Th e city’s main artery refl ected Madrid’s cannibalistic nature, as 17 streets and several squares were demolished to build this fi nest of thoroughfares. Cubiertas y Tejados paved it in 1959. It was a time when the old guard was about to retire and some workers still wore berets. Tar was then a primitive material compared to today’s surfaces - able to repair themselves and generate energy. To the erstwhile residents of Madrid, though, the new road seemed like a carpet upon which wheels rolled as freely as balls, minus the rattling of thefl agstones. 8 08_09_ACCIONA_Foto Historica_ENG.indd 8 21/11/17 23:26 9 08_09_ACCIONA_Foto Historica_ENG.indd 9 21/11/17 23:26 NEWS ORDINARY NET PROFIT GROWS 35.2% RESULTS FOR THE FIRST THREE QUARTERS OF 2017 BILLING MILLION 5,333 EUROS million euros ORDINARY NET PROFIT +23.3% compared with the 157 previous year EBITDA Main reasons for the good results are an (907 million). Net profit fell year-on-year increase in Infrastructure income, the by 33.3%, however, due to the impact of 907 positive evolution of business generation extraordinary costs on the 2016 results. and an important reduction in financing As of 30 September, net financial debt million euros costs due to the change in the company’s sat at 5,695 billion (+11%), due to the finance structuring. effect of negative circulating capital The headline figures in the income and maintenance of a high investment +7.9% statement have risen: revenues up 23.3% rhythm. Net investment rose to 656 (5,333 million euros) and EBITDA 7.9% million euros. ‘THE SPIRIT OF PAINTING’ ACQUISITION OF THE AT THE PRADO MUSEUM BIGGEST HANDLING COMPANY AT SANTIAGO ACCIONA is sponsoring the DE CHILE AIRPORT exhibition, ‘Th e Spirit of Painting’, by Chinese artist Cai Guo-Qiang, ACCIONA recently acquired 100% of including a number of works Andes Airport Services, the principal company providing support services created in situ, in which he uses his at the Chilean capital’s international renowned gunpowder technique airport.
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