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.
The Cotovio solar farm consists of 104 400 solar panels that provide 7631 homes with clean energy and allow to avoid 34 026 tons of CO2 per year. The facility has been in operation since 2021. Voltalia, the engineering, procurement, and construction (EPC) contractor of the project, built the solar farm on high slopes of around 30 degrees.
Country updates
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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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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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