Denmark-based Eurowind Energy has signed a share buy settlement for 11 photo voltaic initiatives of 5 MW every, all positioned within the central Portuguese district of Aveiro.

The firm says that the initiatives are at the moment in a sophisticated growth stage, most of that are grouped into three clusters, with a complete of 15 MW. Portuguese photo voltaic firm Insun is growing the initiatives.

Under the phrases of the settlement, acquisitions will solely happen for initiatives that attain the ready-to-build stage.

If all initiatives are acquired and constructed, the whole manufacturing will present roughly 36,100 households with inexperienced electrical energy. The 11 initiatives will take Eurowind Energy’s inexperienced vitality portfolio to round 120 MW.

The firm is at the moment getting ready a young for all civil, mechanical and electrical works, in addition to grid interconnection traces.

Portugal there will likely be 3,876 MW of cumulative put in photo voltaic capability by the tip of 2023, up from 2,646 MW on the finish of the 12 months earlier than, based on figures from the International Renewable Energy Agency (IRENA).

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