Helios expands PV projects portfolio to 500MW

• Swedish developer strategies to expand its advancement portfolio to over 1GW over the next year

Swedish solar outfit Helios Nordic Energy has actually included an additional 5 projects amounting to 200MW to its portfolio, which now totals 500MW.

As of today, Helios has launched one more 5 projects which possibly adds 200MW to Helios' portfolio, complying with receipt of environmental authorizations from three Country Administration Boards.

In February 2021, renewable energy advancement company Magnora acquired 25% of Helios in a share concern.

At the time of Magnora's financial investment, Helios had created a project portfolio of 11 projects as well as 300MW of mounted capability.

Magnora has the choice to acquire one more 15% ownership share of Helios by 15 September 2021.

Helios is a Swedish solar PV business focusing on massive greenfield projects in the Nordics.

Helios prepares to grow its growth portfolio to over 1GW over the next year and has additionally begun discussions with EPC companies for its potential capitalists.