BNZ, part of Glennmont Partners, has received the authorization to start the construction of a 49 MWp solar PV plant in the Ave intermunicipal community, Portugal
The PV project is the first one for the company in Portugal and will have the capacity to cover the annual energy needs of 14,000 people. The produced energy will save 21,500 tonnes of CO2 equivalent emissions per year.
The PV plant is expected to be operational in 2023 and will create 270-370 direct and indirect jobs by 2024.
Country updates
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June 01, 2022
PKZH completes acquisition of 49.5% stake in the 48.9 MW Cotovio solar project in Portimao
The City of Zurich Pension Fund (PKZH) has completed the acquisition of the 49.5% stake in the 48.9 MW solar photovoltaic project in Portugal from its strategic partner, Swiss utility company EKZ...
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May 13, 2022
NESF enters deal to co-invest in 210 MW solar PV project in Santarem
NextEnergy Solar Fund Ltd (NESF) has entered into an agreement with NextPower III ESG to co-invest around EUR22.5 million (US$23.77 million) in a 210 MW solar photovoltaic project located in Santarem,...
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May 13, 2022
Nordic solar completes the 48.5 MW Insua solar PV project in Alentejo
Nordic Solar A/S has completed the construction of the 48.5 MWp Insua solar photovoltaic farm located on about 80 hectares (197.7 acres) of land in the Alentejo region, Portugal. Nordic Solar ac...
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May 12, 2022
NextEnergy Solar, NextPower co-invest in 210 MW solar project in Santarem
NextEnergy Solar Fund Ltd has agreed on a second co-investment with NextPower III ESG for a 13% stake in a 210 MW solar PV project being constructed in Santarem, Portugal. The investment is for EUR22...
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May 10, 2022
Spain-North Portugal transmission project secures EIS approval
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has released approval for the environmental impact statement (EIS) of the proposed Spain-North Port...
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