Portugal-based renewable energy co Greenvolt starts operations in Bulgaria, Romania

Sep 23, 2021 01:40 PM ET
  • Portugal-based renewable energy manufacturer Greenvolt stated that it broadened into the marketplaces of Bulgaria, Romania and Italy through its system V-Ridium, a Polish renewables developer.
Portugal-based renewable energy co Greenvolt starts operations in Bulgaria, Romania
Image: LinkedIn

"In Bulgaria, operations started this week, with the Sofia workplace totally functional as well as bookkeeping with 200 MW of wind power projects under advancement," Greenvolt claimed in a statement released previously today.

In accordance with its growth approach, the firm likewise started its operations in Romania today. Greenvolt has high potential development plans for Romania, with a pipeline of 170 MW in solar and wind power projects, it included.

Lisbon-headquartered Greenvolt - Energias Renovaveis (Greenvolt), owned by Portuguese commercial group ALTRI, is primarily energetic in the sector of power manufacturing from biomass forestry. With a built up experience in this sector of around twenty years, Greenvolt has skills in the layout, engineering, procedure as well as maintenance of biomass power plant, according to details released on the firm's internet site.

Greenvolt's activity is presently the result of the constant improvement technique sought by ALTRI, of assimilation between the forestry chain that produces biomass and the production of energy from this renewable resource. Based upon technological skills, Greenvolt established a differentiated growth strategy based on three areas: biomass, solar and solar energy and decentralised power generation.

According to information published on its LinkedIn profile, Greenvolt acquired Warsaw-based V-Ridium in July. V-Ridium is focused on Poland, Greece, Italy, as well as France as well as is proactively checking out Bulgaria as well as Romania.

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