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- Details
- Created on Tuesday, 26 February 2013 10:14
- Written by AUSTELA
Ferrostaal is a global provider of industrial services in plant construction and engineering, offering development and management of projects, financial planning and construction services for turnkey industrial and energy plants. Ferrostaal employs around 4,600 people in more than 40 countries. In 2011, its annual turnover amounted to approximately A$ 1.2 billion. Ferrostaal is part of MPC Group of Hamburg, Germany.
Flagsol is a wholly owned subsidiary of Ferrostaal, specialising in engineering and EPC services for solar thermal power plants. Flagsol is one of the pioneers of the parabolic trough technology and a leading exponent of the use of molten salt in thermal energy storage systems. In 2012, Flagsol and Ferrostaal completed the planning and construction of the solar thermal power plant Andasol 3 in Andalusia, southern Spain. Flagsol is currently extending the application of molten salt as a heat transfer fluid in CST systems including parabolic trough and solar tower.
IPS Australia is Ferrostaal's local subsidiary. In addition to providing service work for rotating equipment, including several MAN group products, IPS also acts as a platform for the development of industrial and infrastructure projects on behalf of Ferrostaal, and is particularly focused on the development of large-scale CST and biomass power projects in the Australian market.
