Portugal

EDP and CTT have joined forces to bring solar energy to Portugal. Their 1MW solar farm is capable of meeting 40% of a building's daily energy needs, and will soon become a Collective Self-Consumption Community, sharing its benefits with up to 850 families and companies. An ambitious 6 MWp of decentralised energy generation is planned.

AXA IM Alts to acquire 25% stake in Finerge, a 2GW renewables platform, to enable decarbonization and electrification investments in Portugal and Spain. Investment to be finalized by end of this year.

Portuguese business Green Venture, via its subsidiary Simplewatt Unip Lda, has accepted market the output of its 40-MWp Valpacos solar park in northern Portugal to Statkraft AS under a power purchase agreement (PPA).

Endesa X, the power services unit of Spanish utility Endesa SA (BME: ELE), has actually developed 3.3 MWp of self-consumption solar photovoltaic (PV) plants in Portugal for furniture as well as mattresses maker Aquinos Group.

Danish renewables developer Eurowind Energy A/S has received EUR 48 million (USD 52m) in debt from Denmark's AP Pension to back the construction of solar park projects in Portugal.

Aquila Clean Energy, a unit of German investment company Aquila Capital, introduced today it has actually commenced the construction of a 48-MW solar energy plant in Portugal's main region of Coimbra.

Norwegian energy distributor will certainly acquire electrical energy from the Santarém plant for a period of eight years

15-year deal to offtake 12.4 MW from 2 solar plants within the Garrido complex

Spanish solar energy programmer Solaria Medio y Ambiente SA (BME: SLR) revealed on Friday it has actually protected favourable environmental impact statements (EIS) for two solar projects in Portugal with an incorporated capacity of 375 MW.

Installation work is progressing at the Montechoro 1 (11.57 MW) as well as Montechoro 2 (25MW) projects

Galp Solar, a unit of Portuguese energy group Galp Energia SGPS SA, has partnered with compatriot bank BPI to promote solar installations for self-consumption to local businesses. This solution includes bank financing and solar panel installation by professional specialists.

Aura Power and Ib Vogt are constructing a 27MWp solar farm near Leiria, Portugal. The project is expected to be completed by the end of 2023, providing clean energy to over 13,500 homes.

Spain's GRS, part of Gransolar Group, introduced today that it is building an 82-MW solar park in Portugal for German investment as well as asset manager KGAL GmbH & Co KG.

The PV project in Penamacor is due online in 2024

Spanish renewables pure-player Acciona Energia (BME: ANE) has inked a ten-year agreement to supply 100% renewable power to subsidiaries of Portuguese organization group Grupo Violas.