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 acquired the project from Chint Solar in early 2022. The project is expected to supply the demand consumption of 35,000 homes.
Nordic Solar is in partnership with Our New Energy as advisers in the power purchase agreement (PPA) with Axpo as PPA partner and lender Banco Sabadell SA.
Country updates
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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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May 02, 2022
Endesa wins rights for the 42 MW floating solar PV project in Montalegre
Endesa SA has secured rights to build and operate a 42 MW floating solar photovoltaic project that will be in Alto do Rabagao reservoir, in the municipality Montalegre, in Vila Real District in P...
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May 02, 2022
EDPR wins CfD for the 4 MW floating solar project in Alqueva
EDP Renewables (EDPR) has been awarded 70 MVA of grid connection capacity at Alqueva in the floating solar auction in Portugal with a CfD (contract for differences) for a period of 15 years. The grid...
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April 26, 2022
Madoqua Renewables partners Power2X, CIP for industrial-scale power to green hydrogen and ammonia project in Sines
Portuguese project developer Madoqua Renewables has partnered with Dutch energy transition project developer and consultancy Power2X and Danish fund manager Copenhagen Infrastructure Partners’ E...
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