Sonnedix acquires 262 MW Solar PV portfolio in Portugal
Sonnedix has announced that it has entered into an acquisition agreement to buy a 262 MWp solar photovoltaic (PV) portfolio consisting of seven ground-mounted solar farms built across Portugal. The portfolio is now under construction or in the final stages of development.
In their first year of operation, the PV facilities are anticipated to generate roughly 415,000 MWh of clean electricity, sufficient to power over 137,000 homes while avoiding over 76,000 tons of carbon dioxide.
At present, Sonnedix has an 8 GW global capacity and a 5 GW development pipeline. This acquisition is its entry-to-market in Portugal, adding diversification to the Sonnedix portfolio and strengthening its position in Europe.
Country news
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September 12, 2022
Engineering services contract awarded for 500 MW Hydrogen Project in Portugal
NextChem has been awarded a Pre-FEED engineering services contract for the development of the 500 MW MadoquaPower2X green hydrogen plant located in Sines, Portugal.
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February 10, 2022
Construction completed for 1.15 GW pump hydropower complex in Portugal
Iberdrola has synchronized the first 220 MW turbine at the Gouvães hydroelectric power plant, delivering clean power to the grid for the first time.
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February 06, 2020
Europe connects 3.6GW of new offshore wind in 2019
Europe connected 3.6 GW of new offshore wind capacity in 2019 according to the report by WindEurope released today. This is a record in annual installations.
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December 23, 2019
EUR2.2bn 1.7 GW hydroelectric portfolio acquired in Portugal
ENGIE, together with its consortium partners Crédit Agricole Assurances and Mirova, an affiliate of Natixis Investment Managers, has won a competitive process conducted by EDP for the acquisition of Portugal’s second largest hydroelectric portfolio, for an enterprise value and consideration of EUR2.2 billion (US$2.4 billion).
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October 23, 2019
Siemens Gamesa acquires 8.9GW of assets of Senvion Group
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