NextPower III invests in 17.4 MW Portuguese solar PV project
NextPower III, NextEnergy Capital’s third institutional solar fund, has acquired a 17.4 MW solar project in Portugal from the developers Azimuth Molecule and Cardinal Flexivel.
The plant benefits from a 10 year power purchase agreement, and construction is set to begin in Q4/2020 and commissioning in Q3/2021.
Country updates
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September 25, 2020
Astris advises Valorem on two portfolio refinancing transactions
Astris Finance has announced the closing by Valorem of the refinancing of two renewable portfolios. Astris acted as exclusive financial advisor to Valorem. Project Elcano, involved in the refinancing...
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September 21, 2020
EKZ, Smartenergy Invest to build solar project in Portimao
Swiss utility Elektrizitaetswerke des Kantons Zurich (EKZ), in partnership with Smartenergy Invest AG, is set to invest up to EUR35 million (US$41.4 million) for the development of a solar photovoltai...
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September 18, 2020
Endesa awarded 99 MW renewable energy project development in Portugal
Endesa Generación Portugal, a subsidiary of Enel Group’s Spanish company Endesa, was awarded 99 MW of solar with an energy storage capacity in the preliminary results of the second renewa...
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September 10, 2020
Iberdrola wins 83 MW solar-plus-storage hybrid project in Algrave
Iberdrola has been awarded a hybrid photovoltaic facility in the Algarve, Portugal. The project involves the development of a 69 MW solar farm with 14 MW battery storage which will stabilize the syst...
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September 08, 2020
Siemens, Fluence secures contract to install 15 MW energy storage system in Terceira Island
Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Electricidade dos Açores (EDA) to build a 15 MW energy storage system on Terceira Island, in...
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