R.Power Expands Solar Portfolio in Portugal
- R.Power Renewables shines bright in Portugal with new solar acquisitions and projects in the pipeline across Europe.
Poland's R.Power Renewables has acquired shares in firms holding the rights to 21.4 MWp of solar photovoltaic projects in Portugal. The projects, located in Lagos, Macao, and Vila Franca de Xira, are either shovel-ready or under construction and are expected to generate 42.9 GWh of clean energy annually. The shares were purchased from firms owned by Portuguese capital group Gesto-Energia, expanding R.Power's portfolio in Portugal to 92 MWp.
In addition to the recent acquisition, R.Power has also completed an 8.4-MWp PV farm in Evora City, Portugal, and formed a joint venture with Elawan Energy to develop 2 GWp of solar projects in Italy. The company continues to expand its presence in the renewable energy sector with a focus on solar projects in various European markets.
What recent acquisitions has R.Power Renewables made in the solar industry?
- R.Power Renewables has acquired shares in firms holding the rights to 21.4 MWp of solar photovoltaic projects in Portugal
- The projects are located in Lagos, Macao, and Vila Franca de Xira and are either shovel-ready or under construction
- The projects are expected to generate 42.9 GWh of clean energy annually
- The shares were purchased from firms owned by Portuguese capital group Gesto-Energia
- This acquisition expands R.Power's portfolio in Portugal to 92 MWp
- R.Power has completed an 8.4-MWp PV farm in Evora City, Portugal
- The company has formed a joint venture with Elawan Energy to develop 2 GWp of solar projects in Italy
- R.Power continues to focus on expanding its presence in the renewable energy sector with a particular emphasis on solar projects in various European markets.
